"They treat you as an equal, are completely transparent with you, are completely open with you, and make you feel secure."
Eden Kartzev was looking for a way to build long-term financial security alongside a soccer career based outside of Israel. Greece’s proximity and the support he received from Palmo allowed him to move forward even while he was far from the property.
Eden Kartzev is a professional soccer player whose daily routine differs from that of an investor with a regular job. At the time his story was published, he was playing in the Chinese league, having previously played for the Israeli national team and clubs including Maccabi Tel Aviv and Maccabi Netanya.
A professional career abroad may offer financial opportunities, but it also raises questions about the future. Eden was looking for a path that would help him build a long-term financial foundation, alongside a demanding career that can vary by country, team, and season.
His work with Palmo began about three years before the client story was published. According to him, the connection with the team, the way they communicated, and the professional support system made him feel that someone was managing the process even when he wasn’t in Israel or Greece.
Eden Karzev's Story in Brief
- Occupation: Professional soccer player working abroad
- Starting Point: The desire to build long-term financial security
- The duration of the described relationship with Palmo: about three years
- Why Greece was a good fit for him: its proximity to Israel, accessibility, and entry-level prices that were considered attractive
- What was important to him: trustworthiness, transparency, and communication on an equal footing
- Operational need: A framework that allows work to continue even when he is away from the property
- What has not yet been disclosed: the project, the financing structure, the rental model, and the actual investment returns
Thinking About Life After Your Career at a Young Age
A professional athlete's career can be intense and rewarding, but it does not follow a typical career path. The period of active competition is relatively limited, income can fluctuate, and the future also depends on factors that are not entirely within the athlete's control.
Against this backdrop, Eden’s desire to build financial security is not limited to her current income. It reflects an effort to convert part of her accumulated wealth into an asset that will continue to serve her in other stages of her life and career.
Investing in real estate does not, in and of itself, guarantee financial security. It requires assessing how much money will remain liquid, what costs are involved beyond the purchase price, who will manage the property, and what will happen during periods when there is no tenant or when an unexpected expense arises. In Eden’s case, the first step was to find a framework that would allow him to explore the option without turning investment management into another job.
Investing while leading a lifestyle that isn't centered in one place
Eden works abroad and therefore cannot base the process on a regular presence at the property. For an investor in this situation, distance comes into play right from the due diligence stage: meetings, documents, signatures, project monitoring, and decisions that arise along the way must all be handled remotely.
According to him, Palmo’s support system gave him peace of mind and allowed him to trust that the process would continue to move forward. The direct communication and the feeling that things were being explained to him on an equal footing played a key role in building trust.
Remote management does not eliminate the investor’s responsibility. It must clearly define who is in charge of each task, how updates are received, which decisions require the owner’s approval, and what happens when there is a change in the schedule or costs.
The guide on managing overseas property remotely details the matters that should be addressed when the owner does not live near the property.
Why was Greece a good fit for Eden's lifestyle?
Eden describes Greece as a nearby and accessible destination. For those whose careers are based abroad, accessibility isn’t just a matter of flight time. It affects one’s ability to visit a property, get to know the area, and stay involved even when the center of one’s life shifts.
Another consideration was the price level, which he viewed as attractive compared to other options. A lower entry price may allow a young investor to consider a purchase without taking on the same level of commitment required in more expensive transactions.
Attitudes Toward Mortgages in Israel—A Personal Experience, Not a General Statistic
In his story, Eden discusses the possibility for young investors to start building a financial future without being tied down by 50- or 60-year mortgages. This statement reflects his view of the difficulty of purchasing property in Israel and the long-term commitment that may come with it.
These figures should not be viewed as representative of every loan or every investor in Israel. The financing term depends on the property’s price, the buyer’s equity, income, interest rates, and repayment capacity.
The key point of the story is the question that drove it: Is it possible to find a deal in which the scope of the commitment is better suited to his current stage of life and his future plans? As far as he was concerned, Greece offered an option worth exploring.
Trust and Human Connection as Part of the Decision-Making Process
Eden describes a sense of loyalty, camaraderie, and family among the Palmo team. For him, the connection with the people leading the company was not a minor detail, but one of the factors that made him feel comfortable with his decision.
He emphasizes that the discussions were conducted on an equal footing, with transparency and openness. When an investor isn’t involved in real estate on a day-to-day basis and spends part of their time in another country, the ability to receive a clear explanation and know who to turn to becomes particularly important.
A personal connection is no substitute for legal and financial due diligence. It can, however, create a work environment in which the investor feels comfortable asking questions, requesting documents, and raising concerns. In Eden’s case, personal trust and professional support went hand in hand for him.
What does the support package for an investor working abroad actually include?
The term “overall process” may sound vague, so it’s important to break it down into specific steps. An investor working outside of Israel needs to know who coordinates the inspections, how local documents are handled, how the property is monitored, and who is responsible for post-delivery follow-up.
It is also important to examine the frequency of reporting, response times, the management company’s authority, and the process for approving expenses. An investor who is not physically present at the property relies on the information provided to them, so they must ensure that reporting is based not only on conversations but also on documents and data.
In Eden’s case, the sense of peace of mind stemmed from the relationship with the team and trust in their approach. To turn this story into a complete investment case study, it would be helpful to also disclose in the future which services were actually performed and what the property’s current condition is.
Between Financial Security and Proper Diversification
The desire to build financial security does not mean that all one’s wealth should be invested in a single asset. Especially for athletes and professionals whose income may fluctuate, it is important to maintain a liquidity cushion and to diversify between more liquid assets and long-term investments.
Real estate may be part of such a plan, but it involves buying and selling costs and cannot always be liquidated quickly. In addition, when income and assets are located in different countries, one must take into account currency exposure and tax implications arising from one’s country of residence.
Eden’s story does not provide details about his capital structure, financing, or the percentage of his assets allocated to investments. Therefore, it should be viewed as a story about motivation, goal-setting, and support systems—rather than as a recommendation for a specific asset allocation.
What else do you need to know to evaluate the investment?
The available information clearly explains why Eden was looking for an investment and what was important to him during the process, but it does not reveal the project in which he invested, the property's price, or the financing arrangements.
Neither the rental model nor the property's status are specified. It is impossible to tell from the story whether the property was handed over, rented out, what the ongoing expenses are, or whether a measurable financial outcome was achieved.
The lack of data does not detract from Eden’s experience, but it does limit the conclusions that can be drawn from it. A sense of security and good service are important factors, but in order to evaluate a transaction, they must be supplemented with legal, operational, and financial data.
What can we learn from Eden Karzev's story?
Eden caters to young professionals with demanding careers and good incomes who want to start building a financial foundation without having to take on a second job as an asset manager.
His story illustrates how the proximity of the property and the operational framework can be just as important as the price of the property. The ability to get answers and move forward remotely suited his lifestyle and his need for someone to coordinate the process.
At the same time, this case serves as a reminder that the term “financial security” must be translated into a practical plan. It is important to set a time horizon, maintain liquidity, assess the total cost, and ensure that the asset is suitable even in a scenario where income or place of residence changes.
Why was Eden Karzev looking to invest in real estate?
Eden was looking for a way to help him build long-term financial security alongside his professional soccer career abroad.
Why was Greece a good fit for him?
According to him, Greece’s proximity to Israel, its accessibility, and what he considered attractive entry-level prices made it a suitable option for a young investor and a mobile lifestyle.
What was important to him when choosing Palmo?
Eden emphasized reliability, transparency, communication on an equal footing, and a supportive environment that made him feel the process was being handled even when he was far from the property.
Are the results of the investment known?
The public report does not include data on the property's price, the lease model, revenue, or yield. Therefore, no undocumented financial conclusions should be drawn from it.
Would you like to explore an investment that fits your long-term plans?
Eden Karzev’s story began with a desire to establish a financial foothold alongside a career based outside of Israel. Investing in real estate in Greece provided him with a combination of proximity and accessibility, and Palmo’s guidance enabled him to move forward even from a distance.
During an introductory meeting, you’ll be able to review the projects available in Greece, understand the total cost of each option, and see how it fits into your budget, liquidity, and future plans.
