Around 1100 foreign millionaires settled in Greece in 2023 and another 1200 are predicted to arrive in 2024*. Many of those will have invested in Greek property in order to obtain Greece’s golden visa.
If you invested in a Greek apartment in 2017, it could now be worth 69% more. In the Spring of 2024 alone, apartment prices in Greece increased by 9.2%, compared to the same period the year before. Despite the price rises in recent years there are still opportunities to buy an apartment in Greece for less than €150,000, as well as high value luxury apartments.
Recent data shows that older homes are the most popular with property buyers in Greece. By renovating an older property in Greece, buyers can make a significant profit when they go on to sell. Could you do the same?
Old towns in Greece give character and history to a place, even when situated alongside a new town. They add photo opportunities and historical interest to holidays, and make a town feel homely. There is just something magical about living in a town that has a castle and old stone alleyways. They conjure up images of the ancient past and the people who once lived there. Finding property for sale right in the old town can be difficult as they are very sought-after. However, you will probably find something at a lower price within visiting distance.
Head to the east coast of Attica for well-priced holiday homes and a fast ferry route to the Cyclade Islands. Towns on the east coast of Attica, between Marathon in the north and Porto Rafti in the south, are conveniently located for the city of Athens, Athens Airport and Rafina Port.