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What does a property in Greece cost?
Total investment cost is a key metric for making assets comparable as investment opportunities. In Greece, however, this comparison reaches natural limits. Regional differences in land prices and the location of a property — whether on the mainland or on an island, and how far from the mainland — have a significant impact on overall costs. This applies not only to the land price but also to the associated costs of a project. A property on an island therefore cannot simply be equated, in cost terms, with a comparable property on the mainland.
The question "What does a property in Greece cost?" cannot be answered in general terms. This makes it all the more important to assess costs in a way that specifically accounts for these location-specific factors.
What is more, the appeal of an investment does not derive from the asset alone. Its location, the foreseeable development of the area and the potential it holds are equally decisive. These factors directly shape an asset's long-term value and therefore deserve the same careful attention as its costs.
This is where GMI INVEST comes in. As an independent advisor, we support private and institutional investors with diligence, discretion and proven expertise. We analyse projects holistically and give our recommendations to the best of our knowledge and belief.
Our advice deliberately goes beyond static metrics. Through an objective assessment of future prospects, infrastructure trends and development risks, we create a robust basis for your investment decisions in Greece.
Since 2019, we have been active as an independent authority in the assessment of and advisory on the Greek real estate and investment market. This market is evolving dynamically and is continually shaped by new regulatory frameworks. Our work therefore draws on up-to-date market knowledge and a steadily growing network of selected local specialists. This enables us to assess locations with precision, to the benefit of investors and vendors alike.
Whether you are a private property buyer, a private investor or an institutional investor, we support you in selecting and assessing suitable properties and investment opportunities in Greece. Through our network, we also give you access to properties and projects that match your objectives, whether for personal use or as a capital investment.
Our services for investorsWhether you are an owner, a project developer or the initiator of investment projects and participations, we support you in marketing your assets. We position your offering in the market, identify the type of investor or partner best suited to it and establish contact through our network, always with the appropriate discretion.
Our services for vendorsThank you for visiting our website and for your interest in our company. We see data protection as a customer-oriented quality feature. The protection of your personal data and the protection of your personal rights are important to us.
With this privacy policy, we would like to inform all visitors to our website transparently about the type, scope and purpose of the personal data we collect, use and process and to inform you about your rights.
It is generally possible to use our website without providing personal data. However, if you make use of our company’s services via our website, it may be necessary to process your personal data.
The data collected automatically when you visit our website or the personal data you enter when using our services will be processed in accordance with the current statutory provisions on the protection of personal data.
If it is necessary to process your personal data and there is no legal basis for such processing, we will always obtain your consent for the required purpose of the processing.
As the company responsible for processing, we have defined technical and organizational measures to ensure the highest possible level of protection for your personal data.
This site uses SSL or TLS encryption for security reasons and to protect the transmission of confidential content, such as orders or inquiries that you send to us as the site operator. You can recognize an encrypted connection by the fact that the address line of the browser changes from “http://” to “https://” and by the lock symbol in your browser line.
If SSL or TLS encryption is activated, the data you transmit to us cannot be read by third parties.
However, we would like to point out that data transmission over the Internet (e.g. when communicating by email) may be subject to security vulnerabilities. Complete protection of data against access by third parties is not possible.
The controller within the meaning of the General Data Protection Regulation is:
GMI Project Development GmbH
Hauptstr. 28
15806 Zossen, Germany
E-mail: info@gmi-invest.com
Irina Chapiror has been appointed as data protection officer.
Every time you visit our website, server log file information that your browser transmits to us is automatically recorded. This is:
We would like to point out that this data cannot be assigned to a specific person. We use this technical access information exclusively for the following purposes:
This data is stored for a maximum of 7 days as a technical precaution to protect the data processing systems against unauthorized access.
We only use your personal data for the purposes stated on this data protection information page. The following input masks exist on our website for the collection of personal data:
To request documents (“Get access”, “Request a Blind Teaser”), we need the following information:
The personal data you provide is collected and stored exclusively for internal purposes. The voluntary provision of personal data enables us to offer you content or documents only available to registered prospects. You can correct or update your personal data at any time.
We offer you the option to contact us via email or a contact form on our website. When you contact us by email or through the contact form, the personal data you provide will be automatically stored. This voluntarily provided personal data is stored for the purpose of processing your request or contacting you. No personal data will be shared with third parties.
Our website does not use tracking or advertising cookies. Only a technically necessary session cookie is set when you use one of our forms; it protects the form against misuse and is deleted when you close your browser. Because no consent-requiring cookies are used, this website does not show a cookie banner.
We do not use analytics, tracking or remarketing tools. Fonts, scripts and media are delivered from our own server. Where a video is embedded from YouTube, it is only loaded after you actively click on it; only then is a connection to YouTube (Google Ireland Limited) established and YouTube may process your data. Until you click, no data is transmitted to YouTube.
We only process and store your personal data for as long as is necessary to achieve the purpose of storage or as required by law. Once the purpose of storage ceases or legal retention periods expire, personal data will be routinely blocked or deleted following legal requirements.
If you have questions about your personal data, you can contact us at any time. Under the GDPR, you have the following rights:
You have the right to know what categories and types of personal data we process, for what purpose, for how long, and according to which criteria we store this data, and whether automated decision-making, including profiling, is applied. You also have the right to know who the recipients or categories of recipients of your data are, particularly in third countries or international organizations. In such cases, you have the right to be informed of appropriate safeguards regarding the transfer of your data. In addition to the right to complain to the relevant supervisory authority and the right to know the origin of your data, you have the right to deletion or correction, as well as the right to restrict or object to the processing of your personal data. In all the above cases, you have the right to request a free copy of your personal data processed by us. For any additional copies you request, we reserve the right to charge an appropriate administrative fee.
You have the right to request the immediate correction of incorrect personal data and, considering the purposes of processing, to request the completion of incomplete personal data, including by means of a supplementary statement. If you wish to exercise your right to correction, you can contact our Data Protection Officer or the responsible processor at any time.
You have the right to request the immediate deletion of your data (“right to be forgotten”), especially if the data is no longer necessary, you withdraw your consent, the data has been unlawfully processed or collected, or there is a legal obligation to delete it under EU or national law. The right to be forgotten does not apply if an overriding right to freedom of expression or information exists, data retention is required to fulfill legal obligations (e.g., retention obligations), archiving purposes prevent deletion, or data is needed to assert, exercise, or defend legal claims.
You have the right to request a restriction on the processing of your data if the accuracy of the data is contested by you, the processing is unlawful, you refuse deletion of your personal data and instead request a restriction on processing, the purpose of the processing is no longer applicable, or you have objected to the processing under Article 21(1) and it is not yet clear whether legitimate grounds on our side outweigh your interests.
You have the right to request that we send your data to another controller in a structured, common, and machine-readable format. You can assert this right if you have consented to the data processing or the processing is necessary for the performance of a contract. You can also request that the data be sent directly to the other controller, provided that it is technically feasible and does not infringe on the rights and freedoms of other individuals.
You have the right to object at any time to the collection, processing, or use of your personal data for the purposes of direct marketing, market and opinion research, or general business data processing, unless we can demonstrate compelling legitimate grounds for the processing that override your interests, rights, and freedoms. Additionally, your right to object may be denied if a legal provision mandates or requires the collection, processing, or use of the data.
If you believe that the processing of your personal data violates legal requirements, you have the right to lodge a complaint with the competent supervisory authority.
You may withdraw your consent for the processing of your personal data at any time without providing reasons. This also applies to consents given to us before the GDPR came into effect.
When processing personal data for which we obtain the data subject’s consent, the legal basis is Art. 6 Para. 1, Sentence 1 a) of the General Data Protection Regulation (GDPR).
When processing personal data necessary for the performance of a contract to which the data subject is a party, the legal basis is Art. 6 Para. 1, Sentence 1 b) GDPR. This also applies to processing operations necessary to take pre-contractual measures.
If the processing of personal data is required to fulfill a legal obligation to which our company is subject, Art. 6 Para. 1, Sentence 1 c) GDPR serves as the legal basis.
If processing is necessary for the purposes of the legitimate interests pursued by our company or a third party and such interests are not overridden by the interests, rights, and freedoms of the data subject, Art. 6 Para. 1, Sentence 1 f) GDPR serves as the legal basis. The legitimate interest of our company lies in the conduct of our business activities as well as the analysis, optimization, and safeguarding of our online offerings.
We generally do not sell or lend user data. Data is only transmitted to third parties beyond the scope described in this privacy policy when it is absolutely necessary to fulfill the requested service.
We only transmit data when there is a legal obligation to do so. This is the case when government institutions (e.g., law enforcement authorities) request information in writing or a court order is presented.
Further transmission of personal data to so-called third countries outside the EU/EEA does not take place.
Please note that in certain cases (e.g., tax regulations), the provision of personal data is legally required, or it may result from contractual obligations (e.g., details about the contracting party). For instance, it may be necessary for the conclusion of a contract that the data subject/contracting party provides their personal data to allow us to process their request (e.g., contact request). A requirement to provide personal data mainly arises when contracts are being concluded. If no personal data is provided, the contract cannot be concluded with the data subject.
Before providing personal data, the data subject can contact our Data Protection Officer or the person responsible for the processing. The Data Protection Officer or the person responsible for the processing will inform the data subject whether the provision of the required personal data is legally or contractually mandated or necessary for the conclusion of the contract, and whether the data subject is obligated to provide the personal data or what consequences the failure to provide the requested data would have for the data subject.
As a responsible company, we do not use automated decision-making or profiling in our business relationships.
GMI Project Development GmbH
Hauptstr. 28
15806 Zossen, Germany
E-mail: info@gmi-invest.com
Managing director: M. Elkhodary
Entered in the commercial register.
Register court: Amtsgericht Potsdam
Register number: HRB 35935
IHK Potsdam
Breite Straße 2 a-c
14467 Potsdam
https://www.ihk-potsdam.de/
The European Commission provides a platform for online dispute resolution (ODR): https://ec.europa.eu/consumers/odr.
You will find our e-mail address above in this legal notice.
We are neither willing nor obliged to participate in dispute resolution proceedings before a consumer arbitration board.
As a service provider we are responsible for our own content on these pages in accordance with general legislation pursuant to § 7 (1) TMG. According to §§ 8 to 10 TMG, however, we as a service provider are not obliged to monitor transmitted or stored third-party information or to investigate circumstances that indicate illegal activity.
Obligations to remove or block the use of information under general legislation remain unaffected. Liability in this respect is, however, only possible from the time we become aware of a specific infringement. As soon as we become aware of such infringements, we will remove the content in question immediately.
Our website contains links to external third-party websites over whose content we have no influence. We therefore cannot accept any liability for this third-party content. The respective provider or operator of the pages is always responsible for the content of the linked pages. The linked pages were checked for possible legal violations at the time of linking. Illegal content was not recognisable at the time of linking.
Permanent monitoring of the content of the linked pages is, however, not reasonable without concrete indications of an infringement. As soon as we become aware of infringements, we will remove such links immediately.
The content and works created by the site operators on these pages are subject to German copyright law. Reproduction, editing, distribution and any kind of use beyond the limits of copyright law require the written consent of the respective author or creator. Downloads and copies of this site are only permitted for private, non-commercial use.
Insofar as the content on this site was not created by the operator, the copyrights of third parties are respected. In particular, third-party content is marked as such. Should you nevertheless become aware of a copyright infringement, please inform us accordingly. As soon as we become aware of infringements, we will remove such content immediately.