AP & Generalis advises German-American company group on investment in Greek public limited company for the development of an existing property consisting of 64 units on the island of Euboea

AP & Generalis advises a German-American company group on its investment in a Greek public
limited company for the development of an existing property consisting of 64 units on the island of
Euboea. 

The American investor intends to develop the 64 units, which are located on a plot of land of 25,000 sqm, into a therapy center with alternative healing methods. The investment will be partly financed through the sale of 20 units to foreign individuals (pensioners) who will benefit from the privileged taxation of foreign pension income of 7%.

AP & Generalis also supervises the German service company here at the same time. The advice is provided jointly with the English-speaking auditing and tax consultancy firm Despotidis and Partners.