How does a detached home with a swimming pool in the tranquil surroundings of the Cretan countryside sound to you? What about breakfast on your own terrace with panoramic views across the Myrtos Gulf to the hills of Kefalonia? Or your own apartment in Athen’s buzzing Holargos district? This week, we’re looking at houses in Greece for €250,000 – and you’d be surprised what you can get!
Is now the right time to buy in the Greek property market?
Greece hasn’t had an easy ride of it since the financial crisis, but things seem to be turning a corner. And savvy buyers, whether to live in themselves or as an investment, could do well to get in ahead of the curve. According to the Bank of Greece, property prices have been falling, but in ever smaller increments, for years, until 2018. Now, growth has been steady at 0.3% in Q1 of 2018, 1.2% in Q2 and 2.5% in Q3. That said, prices are still as much as 40% lower than in 2007. Buy now and you could nab yourself a true bargain.
So, what kind of houses in Greece for €250,000 can I find?
All around the country, from the islands to the Peloponnese and even Athens itself, you can find beautiful homes for €250,000. Here are some of the best.
Kefalonia: beautiful views over the Myrtos Gulf
Imagine waking up to this view every day. This detached, single-storey home home’s biggest selling point is the outside – its own, completely private terrace with gorgeous views across the Myrtos Gulf and to the wooded hills on the other side. The landscaped plot of 450m is perfect for the green-fingered. It’s located in the village of Zola, but is just a short drive to the nearest large town, Argostoli, with its shops and services.
Inside, there’s an open-plan kitchen-diner and living space, as well as two bedrooms, one ensuite. The beach of Agia Kiriaki isn’t far, and it would also make an ideal holiday home, being just 30km away from the airport. To find out more about the region, see our area guide to Kefalonia and Ithaca.
Planning to head out to see properties in Greece? Don’t miss your copy of the free Viewing Trip Guide. It explains exactly what to look out for and how to make it a success.
Crete: detached house with pool in the Gavalomouri countryside
Crete offers the best of both worlds, with the laid-back island lifestyle and the convenience of large cities like Chania and Heraklion (and year-round flights!). And this house provides a fantastic base to enjoy Cretan life, sitting in the countryside but just a short drive to Chania. It’s detached and enjoys its own spacious pool with mountain views. Oh, and did we mention that you have your own olive grove? No wonder it’s one of our top houses in Greece for €250,000!
This three-storey property has a spacious living and dining area with a fireplace and French doors opening onto the terrace. Both bedrooms have their own private balconies. The local village, within walking distance, has its own kafeneon, and the nearby town of Tavronitis has its own quiet beach and a handful of tavernas.
Peloponnese: walking distance from the beach
This large, four-bedroom home could give you the feeling of being on holiday every day! It’s just 100 metres’ walk from the sea, and has its own beautifully landscaped plot of 520m2. From the spacious veranda, shaded by a pergola, there are unobstructed views over to the Argolic Gulf.
A living room and kitchen-diner, plus spare bedroom or study, offer plenty of living space on the ground floor. Upstairs are three further bedrooms, and storage.
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Athens: city apartment in the heart of Holargos
Holargos has made a name for itself as one of the up-and-coming districts of Athens. It’s just a few kilometres from Syntagma Square and has a newly opened metro station. Its bustling centre has everything you could want from urban living, but the hills of Attica are just a short drive away if you want a bit of greenery.
This spacious apartment has a large living room, with a grand marble fireplace and with double doors opening to the large balcony. There are three bedrooms and and a sleek modern kitchen. You’ve even got views over to Imittos mountains. As for practicalities, it has its own designated parking space, and is on underground line M3.
Buying in Greece
If you’re tempted by any of these beautiful properties, don’t miss your free guide to buying in Greece, below. And, if you have any further questions about moving here, don’t hesitate to call your London-based Resource Centre +44(0)20 7898 0549 on or email email@example.com.