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?
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.
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