Athens’ Hospitality Industry
Athens’ Booming Hospitality Industry – Bubble or a Growing Pie?
With the #Greek government handling Covid smoothly and focusing on extrovertion, it is no lie that more and more people want to visit Greece even for just the weekend.
Athens is without a question an ancient city with a modern soul. It has been celebrated for its world-famous ancient treasures and it has become one of Europe’s most exciting cities to visit, filled with creativity, a vibrant food & drink scene and new neighborhoods that tourists adore discovering.
Athens is emerging as one of the most exciting and popular city break destinations in Europe today. The number of city break visitors of Athens increased by 600 percent between 2013 and 2018.
According to the reports shared by Europeans, and the US; In the next 10 years, the Greek tourism industry will be 10 times bigger. In 2009 the number of international tourists that arrived increased by 14.9 million, and in 2016 it reached 24.8 million. Besides that, the report shared by WTTC showed that growth in 2019 was 30 million and it will increase to 50 million by 2030.
Let's not forget that Greece's heaviest industry is tourism and the average expenditure per traveler increased from 652.50 euros to 705 euros which was an eight percent increase, boosting the tourism sector, especially in the hospitality businesses.
Alpha Bank said that travel receipts during the first half of 2022 boosted state revenue, which amounted to 41.8 billion euros compared to 35.3 billion euros in the same period of 2021, registering an increase of 18.5 percent.
The more options you have, the greater your chances of success are and Athens is full of investment opportunities!
So if you are thinking of investing in the tourism sector in Athens today is a perfect time. Don't miss your chance, complete the form and have a private consultation session with our team.
Taken straight out of a fairy tale with its peak coming out of the mountain top, a wonderful property, its architecture resembling a castle. It is situated in a plot of (approx.) 5.000 sq.m., embraced by the forest and the lush green nature along its perimeter, at a distance of just 30 km from the centre of Athens and 20 km away from the airport. Opening the main, heavy duty arched gate, we find ourselves inside the estate, savouring the shade provided by the trees, gazing at the nature. The stone steps lead us to a byzantine styled chapel with its own garden, capable of hosting quite a few persons in its front yard. Following the stone path, we come across a stone-built tower. The property opens up in three levels, ending up to an attic at its highest point. At the first level that totals 100 sq.m., there is an autonomous apartment that consists of a dining room with a stone-built fireplace, sitting room, fully equipped kitchen, a double bedroom and a WC Opening up the striking, main entrance gate, we find ourselves in the interior of the house, where the combination of the round door arches, the carved stone walls and the panoramic views from the ceiling to the roof, create a minimal but at the same time aristocratic and tasteful result. In this space of 150 sq.m. there is a fully equipped kitchen, a sunny sitting room, an office space and one more sitting room, along with a fireplace that has been positioned in such a way that it can be visible from all rooms. Going up a wooden internal staircase, we find the first floor that features 2 master bedrooms, one of which also has a fireplace. The 2 bedrooms are privileged by having large balconies that offer unrestricted views of the lush green landscape. On the next level there is an attic of 25 sq.m. that has a double bedroom with its own bathroom. The tower has a total of 4 bedrooms, 4 bathrooms, 1 WC, 2 kitchens, 2 dining rooms, 1 office and 2 living rooms. At the stone laid veranda there is a pool with a waterfall, where you can cool off, enjoying the tranquillity and beauty of the natural landscape. At the upper part of the plot there is a second entrance gate with large parking space, capable of accommodating at least 5 cars. This property will cater for even the most discerning tastes, ideal for those who seek the tranquillity of nature, but at the same time close to the comforts and amenities of the city.