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Our other division

THALATTA.realty is dedicated to large real estate projects related or being part. Such properties, often are intended for hospitality city or resort projects of an LCET (Luxury Curated Experience Touring) character, often including yachting investing, sometimes including condominiums associated to a hotel business. Large real estate investments in Greece often also refer to Athens or Thessaloniki housing or office developments and commercial projects and even urban inner city redevelopments, while many investments are intended as industrial spaces and logistics and industrial level storage facilities.

 

These type of projects, would attract very substantial co-financing, possibly equity financing and certainly Greek bank lending on extremely beneficial for the borrower terms, while any such financing would be greatly augmented via subsidised interest, subsidised wages and HSS related costs and a very dynamic, environment related and international promotion connected, subsidies’ program, financed by the GG (Greek Government) and the EU.

 

The TTUK team of experts would consult, advise and facilitate investors in every step of their Greek projects, including bank mortgaging or bank lending facilitation and GG and EU programs applications.






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    Renovated Athens central apartment,  ideal for AirBnB / own occupation. 65% mortgage available, at 2.4% annual interest

    Pagkrati, Athens Center

    €310,000

    Apartment

    2

    1

    89m2

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    Description

    This fully renovated, 4th floor apartment, is located in the neighbourhood of Pagrati, just off centre of central Athens, some 1,500 metres from Plaka, the Acropolis Museum and Acropolis itself, with many buss and trolley transport choices, 15 minutes’ walk from the nearest Metro or Tram stations.
    It offers two (2) double bedrooms, of which one en-suite, 1 other bathroom, an ample semi-open plan Kitchen-dinner-living room, reception area, with the kitchen, which is also renovated, and fully equipped and a super veranda, with open views in the surrounding area. The apartment has parquet or terrazzo and ceramic tiles flooring and it is fully air conditioned.
    The Pagrati neighbourhood is just off Kolonaki, nearly as chic as Kolonaki itself, but always within the Athens-vibrant very hip cafés, bars and restaurants society, frequented by young and hip Athenians, students and many of the arts, theatre, cinema and TV crowds.
    Just walking distance from Syntagma Square, the grand National Gardens, Kolonaki and the central Athens market, the Plaka and all the major museums, the apartment is ideal for both any hip western thinking permanent resident or holidaying visitor and therefore, an excellent investment, if one wanted to rent the apartment as Long Stay rental or Short Stay one, such as AirBnB, offering the potential of paying any mortgage payments, form the renting income.

    Renting your new Home In The Sun just for a few months each year – Athens having almost 10-month season – as an AirBnB type rental, just for a few months each year – you would able to repay your mortgage effortlessly while your property gains value every year passing.

    All about the Greek Residency Visas  

    Relocating and residing in an EU country, bathed in sunlight and blessed with superb clean sea-beaches and worm climate,  like Greece and being able to travel all over the EU unencumbered, is a wish of many, but it is not a free option of all who wish it. EU member countries’ nationals can do just this, as well as engaging in any form of business activities, while residing in Greece.

    For non-EU member countries’ nationals, residing in Greece is less free, requiring a Residency Visa, such as;

    • a Greek Golden Visa (GGV) of a 5-year duration, allowing access to the Schengen Area, obtained via an investment of a sum, from € 250K, to € 400K or € 800K – it is worth noting, that there are still, some – very few – remaining Greek Golden Visas, for € 250,000, in Athens, as well as, a few others for € 400,000, in very desirable country locations,   
    • a Greek FIPs (Financially Independent Person’s) Visa, obtained by supplying proof of a monthly secure income (for example a pension of same amount) of at least € 3,500 per applicant, plus 15% for ones’ spouse, of 3-year duration, allowing access to the Schengen Area,
    • a Greek DM (Digital Migrants) Visa of 2-year duration, obtained by supplying information of ones’ business or services derived income, allowing access to the Schengen Area.

    Obtaining any of these three types of Greek Residency Visas, is perfectly possible and easily done, digitally by yourself or, as we strongly suggest, under expert guidance, provided locally by professionals, THALATTA.homes could introduce you to.

    For Greek Residency Visas, please visit our www.thalatta.homes site or go directly to the appropriate section,  https://thalatta.homes/residence-visas-available-in-greece/

    Engaging in Businessing while a Greek Residency Visa holder

    Having a Greek residency Visa does not automatically, enable one to engage in doing business in Greece (unless of course, one is a national of an EU member countries), but anyone, almost of any nationality, can do just that, through a Greek company, belonging to him personally or via a company of his, such as a UK registered LLC. Such a Greek company would be treated as any other Greek company, taxed at 22%, but equally so, being able to benefit from a multitude of EU and Greek Government support programs and subsidies.

    For information regarding engaging in business in Greece, please visit our www.thalatta.homes site or, even better, go directly to the appropriate section,  https://thalatta.homes/living  businessing/

    Mortgage of up to 65% of the value of this property, at 2.4% per annum, on a typical duration, is available for non-Greek nationals and non-Greek residents, applicants to any of the systemic and members of the ECB (European Central Bank) EuroSystem. THALATTA.homes would be happy to introduce you to – Bank of Greece (ECB EuroSystem) – licenced Mortgage Brokers and facilitate your application, at no charge, as part of our standard service.

    In Greece, it is common, unfortunate, practice that estate agents would attempt to receive commissions from both the seller and the buyer, something that most people and certainly TTUK, would consider a serious conflict of interest. Some may even often suggest that you use the same lawyer as the seller (‘’to save money and time’’) and (even worst) to use the same Notary Public. TTUK, a UK company and its UK-bread directors act and will act exclusively as Buyer’s Agents, i.e. would be looking after the interests of their clients – in this instance, the buyers.

    All you would have to do, as it is your legal right, is to inform a seller’s agent, that you intent to engage a buyer’s agent and that your agent (TTUK, if you would so decide), would contact them to handle the process on your behalf. Alternatively, you could ask us to perform this task – and we would oblige readily. Most estate agents, would accept it and agree. A refusal would betray bad faith, in most people’s opinion.

    Please, connect to arrange a TEAMS meeting.

    MGAC-DK005

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