Is buying a villa in Greece profitable?

In Greece, average real estate prices have formed when compared with other European countries. A comfortable villa for sale in Kassandra Halkidiki is not as expensive as in the UK, but not as affordable as in Bulgaria.

Catalog of villas in Greece

Accommodation in Greece gives you the opportunity to watch panoramic views overlooking the azure coast of the Ionian Sea around the clock. If you have the opportunity to buy a villa in Greece – do not waste a minute. We will find a suitable option for you and help you at all stages of concluding a contract.

The coast of Greece is decorated with a scattering of traditional-style villas. Usually, this is a 2-story building with a swimming pool and small fishing piers in the villages. Villas typical of Greece have a terrace overlooking the sea or a private beach. The living area of ​​such apartments starts from 150 sq. meters. Foreign tourists who decide to buy a villa in Greece do so for two reasons:

  • Buying a home for yourself, with the accompanying opportunity to obtain a residence permit for the family;
  • Buying and renting a villa. Now in Greece, renting villas for the season is gaining popularity, so they are also bought in order to receive passive income.

Standard of living

After the introduction of a new currency in Greece – the euro, many local residents were shocked by the sharp rise in prices. According to some reports, the cost of goods and services increased by 3 times. The salaries remained the same. The economic crisis only exacerbated the situation. At the moment, the Greek government is making efforts to stabilize the economic situation in the country. Bulgaria has its own economic problems. And yet, despite this, ordinary people in these countries live in good conditions.