The best investment in Greece
Investing is always a decision that requires strategy, caution and, of course, proper information. In today’s investment world, many different options exist for those who want to put their money into sectors with growth potential. When referring to Greece, the land of sun, sea and countless natural beauty, yachting stands out as an excellent investment option. The fact that Greece is located in the heart of the Mediterranean and is home to some of the most popular tourist destinations in the world, makes yachting one of the country’s most attractive investment opportunities. But how does yachting compare to other traditional forms of investment, such as real estate?
Real Estate vs Yachting: the Investment Comparison
The real estate market is without a doubt one of the most widespread and traditional investment options, especially in high demand areas such as Greece. The stability it offers and the possibility to create a permanent source of income through renting are some of the main advantages of real estate. At the same time, property prices tend to increase gradually over time, also offering potential opportunities for capital gains.
However, when comparing real estate to yachting, the latter option stands out in several areas, particularly in terms of payback time, holiday potential and subsidies. Yachting not only requires an investment, but also an enjoyable experience, as it allows investors to experience a personal and family holiday at sea. In terms of returns, yachting can offer faster payback due to increased charter rental income, while the resale value of the yacht remains quite high, especially in areas of high demand.
Initial Capital, Payback Period and Resale Value
Investing in yachting offers significant advantages over real estate, especially in terms of payback time, resale value and holiday opportunities. Although the initial capital for buying a property and a yacht is similar (around EUR 300,000-500,000), yachting offers a faster payback. While the payback for a property can take 20-30 years, for a yacht it can be done in 3-5 years through rentals. In addition, the initial capital can be significantly reduced if you choose a lightly used yacht in excellent condition, which offers excellent value with less drop in price while still being able to generate high income.
In terms of resale value, boats in popular areas maintain or even increase in value, while properties are more affected by external market factors. In addition, the ability to enjoy a personal holiday at sea adds unique value to the investment.
However, when comparing real estate to yachting, the latter option stands out in several areas, particularly in terms of payback time, holiday potential and subsidies. Yachting not only requires an investment, but also an enjoyable experience, as it allows investors to experience a personal and family holiday at sea. In terms of returns, yachting can offer faster payback due to increased charter rental income, while the resale value of the yacht remains quite high, especially in areas of high demand.
Real Estate vs Yachting
Let’s look at the analysis of an example to understand the differences in performance between a property and a boat.
Parameter | Investment in Real Estate | Investment in a Boat (Yachting) |
Original Chapter | EUR 500 000 | EUR 500 000 |
Annual income | 18,000 euros (1,500 euros/month) | 100.000 euros (expected from 12- 16 weeks charter) |
Maintenance costs/taxes | 5.000 – 10.000 euros per year | 18.000 – 25.000 euros per year |
Payback time | 28+ years | 3-5 years |
Resale Value | Increase in value, but depends on location | Fixed or increasing value depending on the model and its demand |
Risks | Property market instability, low demand in some areas | Maintenance costs, weather, public demand |
Holidays and Pleasure | Fixed holidays in one location | Immediate enjoyment and holidays at the sea with friends/family |
The Importance of Working with a Good Yacht Broker
To fully exploit the potential of yachting and make the right investment, working with an experienced and reliable yacht broker is absolutely critical. A good broker can guide you in purchasing the right yacht, and will also ensure that the yacht is managed, renting it out to tourists through professional networks and ensuring high occupancy and revenue.
YachtingMates, with an extensive network and experience in boat management, offers you full support from the investment organization, investment program research through our consultants, the purchase of the boat to its management and its future sale, thus ensuring the highest return for investors. Working with YachtingMates can turn your boat investment into a real passive source of income while you enjoy a holiday and adventure at sea.
Investing in a boat is without a doubt one of the most exciting and profitable options in the investment sector in Greece. With the fastest payback, the possibility of enjoying a holiday, the high resale value and the subsidies offered through programs such as LEADER and NSRF, yachting stands out as the best investment in Greece for those who wish to combine performance with enjoyment.
If you want to know more about how to start your yachting investment, please do not hesitate to contact us. The YachtingMates team is here to help you make the best investment in Greece, ensuring full support and guidance every step of the way. Send us an email for more information!
