Overview
Mykonos and Santorini are major tourist destinations for the international elite. Both islands boast a rich cultural and historical heritage, long and beautiful coastlines, a multitude of tourist facilities as well as an abundance of beaches.
Tourism is a key element of Greece’s economy and has displayed sustained growth both in terms of quantity and quality. Real Estate investments on Mykonos and Santorini have become a viable investment alternative for investors seeking low risk investments combined with attractive returns and above average capital growth!
The Platform’s Objective
TIMAKO’s Real Estate platform specializes in the acquisition of distressed assets on the Greek islands of Mykonos and Santorini. Here are some of the key reasons why TIMAKO has singled out these two islands to invest in:
- Visitor flow and demand for Real Estate projects continue to grow steadily.
- Both islands have a long tourist season which exceeds six months every year.
- Both islands have an internationally renowned Real Estate market.
- Their strong reputation as destinations for the international elite is unrivalled.
Investment Strategy
Our platform executes single-strategy portfolios using conservative approaches for the acquisition of distressed assets in Real Estate projects on Mykonos and Santorini. The platform’s exit strategy is two to three years and asset allocation is a minimum of one project for each closing.
Investment Criteria:
‣Real Estate projects must be located solely on the islands of Mykonos or Santorini
‣We focus on projects with a ROI over 20%
‣Projects must be fully accessible
‣Projects are selected (among other reasons) because of their low acquisition cost (distressed assets)
‣Location definitely constitutes a criterion for project selection.
Commercial, legal and technical due diligence is conducted by committed professionals and always precedes project purchase.
The highest transparency standards are adopted in all procedures up to transaction finalization so that a successful investment in distressed assets is ensured.
Our approach
TIMAKO’s investment approach includes a rigorous three-stage process: market screening on a daily basis by our analysts, due diligence, and transaction structuring.
TIMAKO has an in-house team along with external experts in Real Estate projects. Our team acts as a solutions provider to the Real Estate market of Mykonos and Santorini, by structuring transactions that enable investment in assets to generate attractive returns.
We cooperate with communities, policy makers, investors, non-governmental organizations, and others to incorporate material considerations into our investment and portfolio management decisions to support business solutions that have a positive business and social footprint. The business plan is to secure mid-term returns, while minimizing systemic risks in a long-term stable market through transparent processes that utterly exclude the possibility of negative surprises for investors.