Maximizing Investment with Energy Efficient Homes in Greece

28/06/2023

The Greek real estate market is evolving, with Energy Efficient housing projects leading the way. These projects are not only a testament to Greece’s commitment to sustainable development but also offer tangible benefits for property investors and homeowners. With the implementation of advanced construction techniques and energy-saving measures, Energy Efficient homes in Greece have become a beacon for those looking to secure a profitable and secure long-term investment.

Introduction to Energy Efficiency in Greek Real Estate

Energy saving projects in Greece are leveraging expertise in construction to achieve significant results in Energy Efficient housing. The high energy savings in the Greek building sector have markedly increased the property value of buildings, turning them into valuable assets for long-term capital investments. This advancement in innovation, growth in domestic value, and competitiveness have marked a pivotal stage for Energy Efficient projects, delivering unmatched quality in all aspects of work and exceeding property buyers’ expectations.

The Financial Advantages of Energy Efficient Investments

Investing in an approved Energy Efficient property has become increasingly profitable, thanks to incentives like reduced property tax (ENFIA). A new law indicates that the higher the Energy Efficiency Rate, the lower the tax paid by property buyers. Additionally, the Inflation Act of 2022 introduces a tax credit of 30% for costs incurred from the installation of solar electric systems, solar water heaters, geothermal heat pumps, and small wind turbines from 2022 to 2032. For those interested in making the most of these financial advantages, check out our properties in Greece, which significantly reduce the common expenses for each unit, enhancing the financial appeal of Energy Efficient properties.

Living Comfortably with Energy Efficiency

Energy Efficient homes prioritize the creation of ideal living conditions by maintaining optimal temperature levels within each unit. Through automation, tactful insulation, and thermal facades, these homes ensure temperature uniformity and prolonged comfort. Moreover, incorporating basic smart home features transforms living conditions, making daily tasks easier and enhancing overall comfort for a truly fitting living experience.

Boosting Property Value with Energy Efficiency

Migration expert Yiannos Trisokkas notes the high resale value of Energy Efficient buildings, attributing this to the quality of building materials, systems used, and construction practices. These optimal features not only enhance the quality of the properties but also offer higher levels of comfort, making them ideal for resale. A green building’s potential to save on heating and utility bills, coupled with a higher appraised value, facilitates resale, ensuring an increased lifespan and a better return on investment.

The Future of Real Estate Investment in Greece

The future of real estate investment in Greece is bright, with Energy Efficient homes at the forefront. These properties offer a unique combination of cost savings, comfortable living conditions, and high resale value, making them an attractive option for investors and homeowners alike. As Greece continues to advance in Energy Efficient construction, the benefits for property investors are set to grow, reinforcing the country’s position as a leading destination for sustainable real estate investments.

 

To find out more about rare opportunities to purchase affordable beachfront properties and how this can be combined with permanent residency in Greece, contact us with no obligation at info@velment.com.

Thumbnail of Thumbnail of

Marina Bay in Athenian Riviera, Greece

Apartments starting at
530000
Attica, Greece