The Athenian Riviera, Mykonos and Crete remain popular destinations for luxury housing – investors also attract Euboea -Lefkada
Greece is evolving into one of the top destinations for acquisition luxury housingas the demand from strangers investors is constantly increasing.
As estimated by Mrs Korina Saia, its Director General Premier Realty Greecethe country is classified as Ten Ten Worldwide In the intended net inputs in number millionaire for the 2024according to Net World Wealth data. The United Arab Emirates occupy the first classfollowed by the United States of America, while Greece secures eighth. Residential real estate dominates the market, with the projected volume reaching $ 1.34 trillion in 2025, based on statista data. The factor that enhances Greece’s attractiveness is its competitive prices compared to other luxurious markets, such as French and Italian Riviera.
Emerging areas for investment in luxury real estate
OR Athenian Riviera, Mykonos and Crete They remain popular destinations for luxury housing markets, but new areas are coming to the fore and gain interest in investors. OR Euboeathe second largest island in Greece, attracts more increasing interest Due to the affordable price of real estate, its natural beauty and its easy accessibility, compared to more well -known islands. Respectively, the Lefkada It is one of the new investment destinations, as it is one of the few Greek islands that are accessible by car, without the need for a ferry connection. As rising tourist hotspothas strong capabilities of capital reconstruction and long -term investment efficiency.
Why are they investing in the Greek luxury real estate market
As Mrs Saia estimates, luxury real estate rentals in Greece are extremely competitive, as high -quality villas and apartments in tourist areas achieve high leasing prices. In addition, Greece combines unique locations, such as the Athenian Riviera and the islands, that offer a high level of living.
The Greek government, he adds, has adopted policies that favor investment, offering tax incentives to those who choose to place funds in the real estate market. At the same time, luxury real estate prices are steadily rise. Some privileged areas record annual increases exceeding 10%, while in the Athenian Riviera the increase reached 8% in 2024.
What do luxury housing buyers are looking for
Luxury real estate buyers have high demands and are looking for houses that combine Exclusive, privacy and proximity to top services, such as schools; hospitals and marinas. Sustainable constructions and environmentally friendly features are now priority, and high security, unique architectural design and use of top quality materials are of particular importance.
The future of the Greek market for luxury property
The Greek Luxury Market constantly adapts to new requirementswith emphasis on sustainability and technological innovation. Manufacturers are now using ecological materials, such as cement with a negative carbon balance, stone of local origin and recycled wood. At the same time, the development of electricity and alternative transport affects the design of houses by adding private electric vehicles and infrastructure for hydrocarbon boats.
With the positive prospects of the market, constant demand and government incentives, Greece is one of them as one of them top destinations for the acquisition of luxury property. The combined offer of investment opportunities and high quality living makes the country one of the most attractive choices internationally.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.