What’s happening in the luxury property market in Greece? It has long been a popular choice for luxury home buyers. And it’s easy to see why; few places quite match the beauty of these Mediterranean islands, or the art and history that appeals to those with a taste for the finer things in life. What’s more, a big budget goes much further here. So what will €500,000 buy you in Greece?
Greeks are famously hospitable people – you go from stranger to friend in a flash, as long as you’ve answered the series of questions on where you’re from, why you came and your entire family history on both sides. And there’s nothing a yiayia loves questioning more than someone moving solo! So what is life like moving to Greece as a single person?
Sometimes when it seems that most of the world is in turbulence of one kind or another it feels as if Greece is still trundling on regardless – possibly this is because life in Greece has always been somewhat chaotic! Here’s what we’ve loved about life in Greece in 2018, and what’s coming up in 2019.
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.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.