Israel's Zoia scanning Athens for new property deals

Israel's Zoia scanning Athens for new property deals

Israeli real estate investment company Zoia is scanning the market for new acquisitions after buying 35 assets in the Greek capital in recent years, properties it plans to hold onto and lease.

Zoia managing partner Sagi Rupin says the company is focusing on the center of Athens, where most of its investments have taken place so far, according to

The Israeli company, which has completed 2.5 billion euros in investments in six countries, is currently working on upgrading and refurbishing the properties it has purchased, adds Rupin. He was speaking at the Prodexpo conference held in Athens last week.

Among them is a building it purchased in Kallithea which is being turned into small apartments aimed at those aged between 20 to 40. Another building it purchased is located in Lycabettus that provides homes ranging from 25 to 142 square meters.

As Greece's economy rebounds, Rupin is upbeat about the prospects of the Greek real estate market, saying that he expects it to attract large scale investments in coming years, in line with developments seen in other European capitals such as Madrid.

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The perfect view. Wake up in the mornings and feel inspired by the Acropolis. This fourth level apartment covers 161 square meters and features large balconies, two spacious bedrooms (one master) and two bathrooms. Priced to sell.


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