Investment Property in Ioannina

Invest in Real Estate in Ioannina

Ioannina property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Ioannina .

Search Map of Ioannina Investment Real Estate

Ioannina (Greek: Ιωάννινα Ioánnina [i.oˈa.ni.na] (listen)), often called Yannena (Γιάννενα Yánnena [ˈʝa.ne.na]) within Greece, is the capital and largest city of the Ioannina regional unit and of Epirus, an administrative region in north-western Greece. According to the 2011 census, the city population was 65,574, while the municipality had 112,486 inhabitants. It lies at an elevation of approximately 500 metres (1,640 feet) above sea level, on the western shore of Lake Pamvotis (Παμβώτις). Ioannina is located 410 km (255 mi) northwest of Athens, 260 kilometres (162 miles) southwest of Thessaloniki and 80 km (50 miles) east of the port of Igoumenitsa in the Ionian Sea.

The city’s foundation has traditionally been ascribed to the Byzantine Emperor Justinian in the 6th century AD, but modern archaeological research has uncovered evidence of Hellenistic settlements. Ioannina flourished in the late Byzantine period (13th–15th centuries). It became part of the Despotate of Epirus following the Fourth Crusade and many wealthy Byzantine families fled there following the sack of Constantinople, with the city experiencing great prosperity and considerable autonomy, despite the political turmoils. Ioannina surrendered to the Ottomans in 1430 and until 1868 it was the administrative center of the Pashalik of Yanina. In the period between the 18th and 19th centuries, the city was a major center of the modern Greek Enlightenment. Ioannina was ceded to Greece in 1913 following the Balkan Wars.

The city is also characterized by various green areas and parks, including Molos (Lake Front), Litharitsia Park, Pirsinella Park (Giannotiko Saloni), Suburban Forest. There are two hospitals, the General Hospital of Ioannina “G. Hatzikosta”, and the University Hospital of Ioannina. It is also the seat of the University of Ioannina. The city’s emblem consists of the portrait of the Byzantine Emperor Justinian crowned by a stylized depiction of the nearby ancient theater of Dodona.

The financial stability of Ioannina has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Ioannina

Renting out your Ioannina buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Ioannina are – preparation is key.

Set goals based on how much rental yield will be required and the local rental yield rates in Ioannina and be prepared to change your initial outlook.
Thoroughly research the Ioannina location with a special emphasis on fringe areas outside the main Ioannina metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Ioannina.
Ensure that your target investment property in Ioannina appeals to professionals. This is a demographic that ensures maximum income and low voids.
Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent with local knowledge and experience of property legislation will give you the best chance of success.

With our expert guidance, investing in Ioannina provides the secure knowledge that your money is working harder than it would in a local Ioannina bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Ioannina, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Ioannina property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Ioannina

Flipping property in Ioannina

Flipping property is when we advise clients to buy a Ioannina property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Ioannina market has a time to react to the renovation.

The Flipping Strategy in Ioannina

Investment property flipping in Ioannina is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Ioannina real estate investments are sometimes referred to by professionals as ‘distressed’ Ioannina real estate.

What is distressed Ioannina property:

Ioannina property in need of renovation
Ioannina real estate with a change of purpose and use
Oversold Ioannina property
Bank repossessions in Ioannina

Put simply, long term investors in Ioannina purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Ioannina investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Ioannina property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Ioannina use a minimum profit value of 22% when looking at potential Ioannina projects.

The reason for this is because there are lots that can go wrong in Ioannina property flipping and working on a potential margin of 22% should still leave a good margin of error.

Invest through a Fund in Ioannina

Property Secured Investments is a Private Equity fund that invests in Ioannina and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website

Luxury Property in Ioannina

For luxury property investors hoping to add a superb property in Ioannina to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Ioannina, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Ioannina should be entrusted to only the highest-quality agency.