For thousands of Greeks living abroad, owning property in Greece is both a blessing and a burden. Whether inherited or purchased years ago, many of these homes and apartments are now sitting idle—unused, unmanaged, and slowly falling into disrepair. Despite being far from the homeland, owners are still burdened with local property taxes and maintenance costs, yet see little to no return on their investment.
A Common Frustration
At NΞXT, we hear the same story again and again:
- “I’m paying ENFIA every year, but the property is empty.”
- “The property manager I hired is unresponsive and doesn’t deliver results.”
- “I want to rent it out, but I don’t know where to begin.”
- “Every time I visit Greece, I find something broken or neglected.”
These are more than just logistical challenges—they’re emotional and financial frustrations that build up over time. The distance makes oversight difficult. Family or local contacts may lack the time, resources, or know-how to manage the property effectively. And while short-term rentals like Airbnb or Booking.com offer real income opportunities, turning a property into a successful listing isn’t as simple as it sounds.
The Hidden Cost of Inaction
Leaving a property idle means missing out on its potential—both as a source of income and as a maintained, appreciated asset. Unused properties can deteriorate quickly without proper care. Even worse, unmonitored homes are more susceptible to break-ins, weather damage, or unexpected legal issues.
And then there’s the financial drain: annual taxes, utility charges, and occasional emergency repairs, all while the property generates zero revenue.
Short-Term Rentals: A Smart Solution
Transforming your unused property into a short-term rental—especially in tourist-heavy regions of Greece—is one of the most effective ways to make your property work for you. Platforms like Airbnb and Booking.com allow owners to tap into the booming travel market, turning empty homes into income-generating assets.
At NΞXT, we help Greeks abroad explore various scenarios, including:
1. Urban Apartments in Cities like Athens or Thessaloniki
These are perfect candidates for year-round short-term rentals. Business travelers and tourists alike seek affordable, central stays. With proper renovation, cleaning, and marketing, these spaces can earn consistent monthly income.
2. Holiday Homes on the Islands or Coast
Seasonal demand is high, especially from May to October. With professional staging, quality photos, and pricing strategy, even a few months of rental income can cover annual expenses and generate profit.
3. Rural Properties or Family Homes in Villages
These may require more renovation, but there’s growing demand for authentic, off-the-beaten-path experiences in Greece. With proper curation and management, these hidden gems can attract niche tourism markets.
Why Property Management Often Fails
Many overseas Greeks rely on friends, family, or local property managers to take care of their homes. Unfortunately, many find these arrangements lack transparency, urgency, or professionalism. Some managers don’t provide regular updates, fail to report issues promptly, or simply do the bare minimum to maintain the property.
This is where a reliable, full-service property management partner becomes crucial.
How NΞXT Helps Greeks Living Abroad
At NΞXT, we specialize in supporting Greeks who live abroad and want to make the most of their property back home. Here’s how we give you peace of mind:
- Property Assessments – We evaluate your property’s rental potential and suggest upgrades (if needed) to boost appeal and income.
- Legal & Tax Navigation – We help you handle permits, licenses, and compliance with local short-term rental laws.
- Full-Service Management – From guest communication to check-ins, cleaning, repairs, and monthly reporting—you’ll know exactly what’s going on, without lifting a finger.
- Revenue Optimisation – We list your property on top rental platforms, manage pricing strategies, and maximize occupancy rates.
- Project Management – Renovations & Upgrades -Many properties need updates before they’re rental-ready—especially older homes or inherited properties. Our project management team oversees everything from small repairs to full-scale renovations.
- This service is ideal for owners who want to improve their property but can’t be physically present to supervise the work. Whether it’s modernizing a kitchen, installing air conditioning, or refreshing the décor, we ensure the project is completed efficiently and professionally.
Turn Frustration into Freedom
You no longer need to feel disconnected or powerless about your property in Greece. Whether your goal is to create extra income for your family, maintain the value of your inheritance, or simply stop losing money to taxes and mismanagement, NΞXT is here to help.
Contact us today for a free property consultation and learn how we can turn your idle property into a profitable asset.