Athens · Greece

Building value in the heart of Athens

Over a decade of development projects - urban renewal, premium residences and commercial real estate. Quality, transparency and commitment to every client.

Who We Are

A developer and investment partner focused on Greece

Cardo X acquires, renovates and manages residential real estate in Athens and across Greece. We deliver turn-key apartments and manage them end to end, so our investors can own in Greece with confidence.

12 mo.
Delivery Warranty
10%-15%
Yield
100%
Full Management
1,000+
Apartments Delivered
€300M+
In Investments

The Market

The Numbers Don't Lie

Greece delivers exceptional yields, meaningful capital growth and a fully managed investment experience.

Key Investment Metrics

Rental Yield10%-15%
Annual Capital Growth6%-8%
Entry Price per m²€2,500-€4,500
Average Occupancy Rate94%

Tax & Regulatory Advantage

Capital Gains Tax0%
Property Transfer Tax3.09%
Rental Income Tax15%

Zero capital gains tax and a flat 15% rental tax make Greece one of the most investor-friendly tax environments in the world for real estate.

Key Demand Drivers

Year-Round Demand

90,000+ students, digital nomads and a growing business hub create constant 12-month occupancy pressure - unlike seasonal tourism markets.

A Demand Floor - The Golden Visa

Demand for the €250K Greek residency visa creates a built-in value floor. Foreign capital competing for the same inventory structurally supports prices.

Low Holding Costs

Operating costs 30-40% lower than Western capitals - maintenance, management and service fees - translate directly into higher net profit.

Why Greece

Why Greece? And Why Now?

01

Prices Below Their Peak

A historic entry opportunity

Greece's financial crisis (2010-2018) drove real estate prices down by as much as 45%. Despite the recovery of recent years, prices across Greece remain well below their 2008 peak - a window of opportunity that is steadily closing.

02

Turn-Key Delivery

Furnished down to the last teaspoon

We deliver a showroom-grade apartment: fully furnished, appliances installed, professional photography ready and handed to a letting agent - before we hand you the key. Zero effort on your side.

03

End-to-End Management

Full oversight, zero distance

From finding tenants and collecting rent to coordinating maintenance and annual reporting - our local team in Greece fully manages your property. You invest from home; we operate on the ground.

How We Work

Our Delivery Process in Five Steps

01

Property Selection

We acquire properties below market price in Greece's prime locations.

02

Structural Renovation

Full structural works to earthquake-resistance standards in line with EU regulations.

03

Interior Design

A showroom-grade furniture package - appliances, fixtures, linens and cutlery included.

04

Letting & Tenants

Professional photography, listing, tenant screening and a rental contract - all handled for you.

05

Key Handover

Receive ownership documents, access to your rental income account and a welcome package.

Our View

“Greece is not just a destination - it is an opportunity that reinvents itself every day. We are here to make sure our clients are the first to seize it.”

With over a decade of experience in the Greek real estate market, we have built a system that lets investors buy in Greece with complete confidence - from sourcing the property to handing over the key.

The CARDO X Team

Contact

We'd Love to Hear From You

Our office - Massalias 15, Kolonaki, Athens

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