Buying property in Greece is a worthwhile investment venture with a plethora of attractive options for both locals and expatriates. The popular regions to consider include Athens, the capital city which offers a bustling urban lifestyle with a blend of history and modernity; Santorini and Mykonos, famous for their picturesque beauty and vibrant nightlife; and Thessaloniki, the second-largest city, known for its rich cultural heritage and youthful energy.
Investment opportunities in Greece are vast. With the government's Golden Visa program, non-EU investors can gain residency by purchasing property valued at a minimum of €250,000. This has led to a surge in real estate investments, particularly in Athens, which offers high rental yields due to its popularity as a tourist destination. Moreover, the recent economic downturn has made property prices more affordable, creating a buyer's market.
For expatriates, certain areas in Greece are particularly friendly and accommodating. The southern suburbs of Athens, such as Glyfada and Voula, are favored by expats due to their proximity to international schools, beaches, and the city center. Crete is another expat-friendly region with a welcoming international community, mild climate, and a laid-back lifestyle.
In conclusion, buying property in Greece can be a rewarding investment due to its attractive prices, residency programs, and the country's inherent charm and beauty. As with any investment, it is crucial to carry out comprehensive research and consider hiring a real estate agent familiar with the local market to navigate potential challenges.
