Real Estate in Greece
A number of big technology investments and innovations have been announced lately in Greece placing the country on the map of intriguing digital developments. Infrastructure investments and acquisitions by big US and European tech companies along with a dynamic startup ecosystem in the country are making Greece a remarkable case of digital transformation following an increasing demand for automation and digitalization both in public and private sectors. Beyond technology, energy is also playing a crucial role in transforming the country into a regional hub as well as tourism the major source of revenue of the country. China’s COSCO Shipping investment to the Port of Piraeus continues to make further advances, breaking the 5 million Twenty-Foot Equivalent Unit (TEU) barrier, climbing global rankings, and strengthening Greece’s role as a leading regional transportation hub. The mega development of Hellinikon one of Europe's biggest urban development projects, launched recently, is also expected to attract investors interest to Greece in the coming years.
Greece is strategically located at the crossroads of Europe, Asia and Africa and one of top tourism global destinations. Greece is developing during the last years to an Emerging Investment Destination in Europe. Success in the privatization of Greece’s 14 regional airports, investment in the tourism sector, and the construction of the Trans-Adriatic Pipeline demonstrated the opportunities that have existed in Greece even during the height of the economic crisis. Greek travel and tourism receipts jumped 12.8% in 2019 to a record €18.5 billion with a 4.1% increase in tourist arrivals in 2019. Also, Greece possesses the world’s largest commercial fleet operating globally. The ports of Piraeus, Thessaloniki and Alexandroupolis operate as gateways to the EU and the Black Sea region. This, combined with a spirited lifestyle blending both ancient and modern Mediterranean culture, makes Greece an extraordinary place to be and a real estate investment destination.
What we offer
Cushman & Wakefield Proprius is the leading commercial real estate advisory company in Greece and exclusive affiliation of Cushman & Wakefield, handling all C&W’s referrals in Greece & Cyprus. Operating in Greece since 1991, Cushman & Wakefield Proprius has been involved in the largest real estate transactions in the country and has unparalleled experience in the market as a leading advisor for both occupiers and owners. Our team has extensive knowledge and significant track record across all asset classes and consists of some of the most talented people in the industry. We are proud to win the 2019 European Property Awards for Greece, as Best Real Estate Agency firm in Greece, for third consecutive time.