With relaxed and laid-back way of life, low property prices and long, hot, dry summers, relocation to Greece is popular among buyers from many nationalities. However, don’t let the general notion of everyone in Greece being laid back fool you – You’ll find plenty of hustle and bustle when living in areas such as Athens.
Prices of property in Greece are relatively low compared to other European countries, which can make relocating to Greece an attractive prospect.
Crete is the largest of the Greek islands, is located in the Aegean sea and has a rich history. Property in Crete ranges greatly in terms of quality and price. For example, there are small, rundown studios that can be found for under £25,000, while there are large, luxurious houses on the beachfront selling for over £2m.
Located in the Ionian sea is the island of Zakynthos, which has over 120km of coastline. Property in Zante is fairly expensive compared to other Greek islands; Houses on the island of Zakynthos will generally cost from £300,000 to £2m+.
The island of Skiathos is fairly small, with around 40km of coastline. However, Skiathos has numerous white sand beaches, which are sparsely populated. Property for sale in Skiathos are mostly exquisite white-wash buildings, which will cost anywhere between £100,000 for a small home and upwards of £5m for the properties with premium locations.
If you’re intending to live in a bustling, vibrant location, you should check out the island of Mykonos, which is regarded as one of the most glamarous of the Greek islands. Property on the island will generally not come cheap, with studio apartments starting from around £160,000. The most prestigious properties of Mykonos have asking prices in excess of £5m.
Another popular Greek island is Santorini, which compared to islands such as Zakynthos, is fairly small. Properties for sale on the island of Santorini are again, fairly pricey. For a small house, you’ll be looking at a minimum of around £170,000, and at the top end, you should expect to pay upwards of £2.5m for a large detached house in a prestigious location.
Athens is the capital of Greece, and is located on the South-East coast of the mainland. While Athens does have some extremely expensive houses, if you are on a tight budget, you may find searching property in Athens beneficial; A 2 bed apartment in central Athens can be found for under £50,000 rising to £1.5m+ for the most luxurious apartments.