November 15, 2024

Why is a property in Greece attractive to investors?

Greece is one of the most popular destinations for tourists. Ancient architectural monuments, delicious healthy food, mild Mediterranean climate, the magnificence of natural landscapes – this and much more makes you think about buying a second home in Greece.

A popular place among tourists

Greece is one of the most popular tourist destinations in the world, as well as a popular region for foreign real estate investors. The country has something to offer: admire the ancient architectural monuments and the colorful fishing houses in the villages, museums, and Orthodox monasteries, simple and healthy local cuisine, and get acquainted with the natural diversity of the country. Investors are attracted by the affordable prices of property in Greece, as well as the opportunity to inexpensively obtain a residence permit.

The most popular cities among tourists and buyers are Athens and Thessaloniki. At the same time, there are almost twice as many people who want to buy housing in Greece on the islands than those who might be interested in selling real estate on the mainland.

Features to pay attention to when choosing an object

We can note several points common for a villa for rent in Greece. All of them are due to the peculiarities of the climate and development in Greece but may seem unusual for tourists. Greece has a warm climate: in winter, the air temperature rarely drops below +10 °C. But this is during the day, and at night it can be cold, up to 0 ° C.

The Greeks prefer to have their own furniture and decor, which are transported from apartment to apartment. Renting out a fully furnished apartment or villa is much more difficult. Therefore, if you purchase real estate solely for investment and under the guidance of a management company, you do not need to buy furniture in such housing.