Demand for luxury properties in Greece remains strong from both local and foreign buyers.< /p>
„The most popular regions are the Athenian Riviera, especially considering the Elenikon development. Certain parts of central Athens overlooking the Acropolis also attract wealthy foreign clients, as well as the islands of Crete, Corfu, Mykonos, Santorini, Paros“, says Korina Sayas, managing director of Premier Realty Greece.
Buyers are mainly looking for high-quality properties whose budget starts from EUR 900,000 and can reach up to EUR 2 million.
What type of property attracts the rich the most? In the TOP 3 factors are: a secluded place, availability of a gym and pool, landscaping. Next up are: a panoramic view, an energy-efficient fireplace, an electric vehicle charging station, a bioclimatic design infrastructure, a security system and a “smart house“ type home.
„The desire of foreign investors to diversify their portfolio against the background of the instability of world markets makes them buy properties in our country,” says Sayas. Second in importance is the higher return on investment compared to other countries. And last but not least is the attractiveness of Greece as a tourist destination.
The main buyers of luxury properties in Greece are residents of Europe (Germany, Switzerland, Great Britain), as well as citizens of the USA and Australia.
You can see detailed statistics on average property prices in Bulgaria by cities and neighborhoods HERE