Apartments for Investment Abroad – Is It Really Worth It?

Real Estate Is One of the Most Stable Investment Channels

Real estate is considered one of the most stable and attractive ways to invest and generate passive income—in other words, to turn your money into a working income source. However, not every real estate investment is automatically sophisticated or profitable. It is critical to analyze the data and carefully assess the potential of each deal, as real estate investments in Israel often offer relatively modest returns, making it worthwhile to explore more attractive opportunities abroad.

We ourselves entered the international investment arena after discovering the potential embedded in the Greek real estate market. After purchasing investment apartments in Greece, the rest became history. Before diving into specific figures, it is important to address the many advantages of investing in real estate abroad. Portfolio diversification, exposure to high-growth markets, and access to different economies and cultures are just some of the benefits of smart international real estate investment.

Key Takeaways

• Investing in real estate abroad allows for risk diversification and access to markets with high growth potential.

• For the price of one apartment in Israel, it is often possible to purchase several properties abroad in prime locations.

• Rental yields abroad can reach 8%–10%, compared to 3%–3.5% in Israel.

• Greece—and Athens in particular—offers low entry prices, tax incentives, and stable tourism demand.

• Geographic proximity and short-term rental options make the investment efficient, flexible, and profitable.

Why Should Israelis Invest in Real Estate Abroad?

Lower Property Prices

While a 2–3 room apartment in central Israel can cost between ₪2.5–3 million, in countries such as Greece, Portugal, Bulgaria, or Spain, the same budget can purchase 6–8 properties in desirable areas. This means broader diversification, reduced risk, and significantly higher income potential.

Field Tip: Instead of concentrating all capital in one property, invest in several smaller units across different areas and enjoy multiple income streams simultaneously.

Higher Returns

In Israel, average rental yields typically range between 3%–3.5%, and sometimes even less in central areas. Abroad—especially in developing yet stable markets such as Athens, Lisbon, or Sofia—returns of 8%–10% or more are achievable, particularly through short-term rentals.

Field Tip: Choosing neighborhoods with strong local demand—near public transportation, universities, or tourist hubs—can significantly boost returns.

Property Value Appreciation

Many international markets, particularly in Europe, demonstrate consistent long-term price appreciation—especially in urban renewal zones and areas benefiting from tourism and infrastructure investment. Investors enjoy not only rental income but also capital appreciation upon resale.

Field Tip: Look for cities planning transportation upgrades, infrastructure improvements, or academic institutions—these are powerful value drivers.

Endless Investment Opportunities

The global market is vast and diverse. Opportunities exist not only in major cities but also in emerging neighborhoods, tourist islands, and areas undergoing urban regeneration—often at prices that still seem “undervalued.”

Field Tip: Target “transition neighborhoods”—areas previously considered weak but now gaining momentum—before the wider market recognizes their potential.

Short-Term Rentals + Personal Use

Short-term rental platforms (such as Airbnb) allow investors to maximize income, adjust pricing seasonally, and still enjoy personal use of the property as a vacation home.

Field Tip: Always verify local regulations for short-term rentals, as some cities impose restrictions or licensing requirements.

Double-Taxation Treaties

Most developed countries maintain tax treaties that prevent double taxation on rental income. This means less bureaucracy, greater legal clarity, and more money remaining in your pocket.

Field Tip: Before purchasing, consult a tax advisor familiar with both jurisdictions to structure the investment optimally.

Unique Real Estate Opportunities in Greece

Among European investment destinations, Greece—and especially Athens—stands out as one of the most attractive options for investors seeking strong returns, manageable risk, and straightforward property management. Following a severe economic crisis, Greece has successfully rebuilt its economy through extensive reforms designed to attract foreign capital.

Investor-Friendly Legislation in Greece

The Greek government has implemented numerous incentives, including:

• Reduced property purchase taxes in certain cases

• Easier access to the Golden Visa program

• Capital gains tax exemptions under specific conditions

• A tax treaty that prevents double taxation

Beta Real Estate Field Tip: Always verify region-specific tax benefits—some Athens projects qualify for temporary tax relief, creating exceptional profit opportunities.

Athens – Greece’s Real Estate Investment Capital

Athens is not only Greece’s political capital but also a major economic, cultural, and tourism hub with over 3.5 million residents. Demand comes from tourists, students (approximately 250,000), young professionals, and local residents—creating year-round demand for both short- and long-term rentals.

Beta Real Estate Field Tip: Neighborhoods such as Ambelokipi, Kypseli, and Ilisia combine central access, public transportation, young demographics, and annual yields of 7%–9%.

Proximity and Easy Management

One of Greece’s greatest advantages is its proximity. A short flight makes on-site visits, renovations, tenant changes, and oversight easy and practical—far more so than investments in distant markets.

Beta Real Estate Field Tip: Even with professional management, visit your property at least once a year to personally verify its condition—this level of accessibility is rare in overseas investments.

Capital Appreciation and Long-Term Growth

Beyond rental income, Athens properties have shown consistent price growth. According to the Bank of Greece, real estate prices have risen at double-digit rates in recent years, while still remaining below their historical peak—indicating further upside.

Beta Real Estate Field Tip: Renovation projects in developing neighborhoods offer dual upside: rental income plus significant value appreciation.

Conclusion

International real estate investment is no longer a trend—it is a strategic move. High prices, low yields, and limited supply in Israel are driving investors to explore better opportunities abroad. Europe—and Greece in particular—offers a compelling alternative, with Athens emerging as a prime real estate hotspot thanks to low entry prices, favorable regulation, and strong tourism growth.

With proper due diligence, financial planning, and professional guidance, a property abroad can become a reliable source of monthly income and long-term capital growth.

Frequently Asked Questions

Is international real estate suitable for first-time investors?
Absolutely. With professional guidance and proper management, even beginners can succeed.

How much capital is needed to start?
In many European markets, investments can begin at €70,000–€120,000, depending on location and property type.

What are the main risks?
Regulatory changes, demand fluctuations, and poor management—risks that can be minimized with expert partners.

Why is Athens such a popular destination?
Low prices, strong rental demand from tourists and students, and steady appreciation in emerging neighborhoods.

What is the average yield in Athens?
Typically 7%–10% annually, depending on location and rental strategy.

Can I use the property personally?
Yes. Many investors combine personal use with short-term rentals.

What should I check before buying?
Neighborhood quality, rental regulations, development plans, legal status, and tax structure.

Why work with Beta Real Estate instead of investing independently?
We know the local market deeply, operate on the ground in Athens, and guide investors from acquisition through management.

Do you offer property management after purchase?
Yes. We work with trusted local management companies handling maintenance, tenant relations, rent collection, and reporting.

How do I get started?
Simply contact us for a free initial consultation—we’ll assess your goals and build a secure investment strategy together.