Article Archives - Page 17 of 20 - Greece Property Guides

Autumn property market in Greece: tourism brings strong growth

Greece’s property market is on the up, with a much healthier outlook than for a long time. For three quarters in a row, according to data from the Bank of Greece, prices have been rising. That’s the longest sustained rise since 2008. We’ve certainly seen these nationwide trends reflected here on the islands. In fact, right over the last three years, we’ve seen a huge return of interest in the property market in Greece. This is for a number of reasons, including economic stabilisation, greater letting flexibility and international transport links.

What should I know about renting out property in Greece?

Now that you have bought your home in the sun, the chances are that you might want to use it as a holiday let, either full time, or when you are not using it yourself. This is easy as long as you do everything correctly from the beginning, says Diana Giannoulis of Corfuhomefinders. But any shortcuts or omissions may result in problems in the future. Here’s what you need to know about renting out property in Greece.

New flights to Greece and better airports

More passengers, bigger airports and new routes – 2018 is turning into a busy year for air travel in Greece. It all reflects the country’s healthy tourist industry. It’s also a useful indicator of where to buy a home there. We take a closer look at recent developments, including new flights to Greece.

Greece exits bailout as economy recovers

Greece exited its austerity program on Monday with some positive news. Exports are on the rise – with a 35.5% increase in value since 2015, according to the Hellenic Statistics Authority. Overall, the country’s real GDP levels have followed a slow upwards trend since 2017. Property prices, however, are still 42% lower than ten years ago. This makes it a fantastic time to buy in Greece for overseas house hunters.

Can you buy affordable property in the Peloponnese?

The Peloponnese is the third most popular location for international property buyers in the country. While it is attracting non-EU buyers looking to buy in its super-high-end resorts for a “golden visa”, there is plenty for buyers with a smaller budget too. Yulia Kozhevnikova, real estate writer and analyst at the website Tranio spoke to local experts.