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?
If you’re dreaming of life in Greece, but don’t want to leave the UK full-time, a winter holiday home could be just the ticket. You could spend winter soaking up the Greek sun, then make a tidy profit letting it to holiday-makers in summer. Plus, you could even get EU residency by buying a Greek holiday home above €250,000 – so what are you waiting for?
Brexit’s on the way, but enquiries for Greek properties are on the up. It’s no surprise as prices begin to stabilise, but are still more affordable than pre-crisis. Plus, with a €250,000 investment, buyers can get a residence permit if there’s a no-deal Brexit. So, with plenty of positive news, what’s ahead for the Greek property market?
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?
