Top 5 Reasons to Buy a Property in Greece
If you've ever dreamed of owning a slice of paradise, Greece might just take the cake, or the zesty Tzatziki, or spicy Gyros or fresh Greek salad …you know what we mean! From breathtaking landscapes to a robust rental market, Greece has so much to offer property buyers. Here are the top five reasons why buying a property in Greece could be the best decision you ever make.
Spectacular Landscapes
Greece is home to some of the most stunning scenery in the world. It’s true that some areas of Greece are more touristy than others, you may find the iconic sparkling white buildings of Santorini are too busy for you, but in terms of rental income, it’s a hotspot for tourists and one of the most popular islands in Greece. But if you want to buy property further afield, you can certainly get great value for your money.
Whether you’re looking at property on an island or in a coastal village, Greece’s natural beauty is unparalleled It's hard to pick the wrong location in Greece to be honest. You could buy a villa with panoramic views of the Mediterranean Sea, a family home in mountains of the mainland or an apartment in the city. Owning a home here means you can immerse yourself in landscapes that people travel across the globe to see.
Thriving Tourism Industry and Rental Income Potential
Greece is a global tourist hotspot, attracting millions of visitors annually, especially to its popular islands like Mykonos, Crete, and Rhodes. For property owners, this booming tourism industry means lucrative rental income potential. The south generally stays open to tourists all year round, meaning property owners successfully rent out their homes all year round and not just during the high season or, if you’re buying a holiday home, you can get the most out of each visit no matter when you decide to go.
If you would like to buy a property in Greece for short-term rental, platforms such as Airbnb and Vrbo are thriving in Greece. You’ll pay more for the most popular areas of course, but with some research you can find some great deals for your money. Places like Thessaloniki, Greece's second largest city and largest student city, offer a blend of history, museums and is a UNESCO World Heritage site and property prices are very reasonable, with one-bedroom apartments ranging from €50,000 to €70,000.
The Local Food Scene
One of the best parts about living in Greece is, without a doubt, the food. Greek cuisine is famous worldwide for its fresh ingredients, flavours, and health benefits. From locally caught seafood to freshly made tzatziki, Greece’s culinary offerings are both delicious and wholesome. With access to locally grown olives, cheeses, and organic vegetables many towns have weekly farmer's markets where you can buy fresh produce straight from the source, allowing you to enjoy Greek gastronomy every day.
High-Quality Healthcare System
Greece has a robust healthcare system that is affordable and accessible. Both public and private healthcare services are available, with excellent facilities in larger cities like Athen. For European Union citizens, Greece also offers the added benefit of European Health Insurance Card (EHIC) coverage, which allows easy access to healthcare. Affordable healthcare services mean property owners, especially retirees, can enjoy peace of mind knowing that quality medical care is readily available and health care plans are available
Year-Round Mild Climate
One of Greece’s biggest draws is its climate. The country boasts warm summers and mild winters, particularly in southern regions and the islands. Greece averages more than 250 sunny days per year and during the summer months, its common to record 0 mm of rainfall! It’s an ideal place to immerse yourself in outdoor living and enjoy a meal al fresco at any time of the year.
These are just 5 of the reasons a property in Greece could be the right move for you. From the stunning scenery and rich cultural heritage to the attractive rental income potential and quality healthcare, Greece offers more than just a beautiful property location. Whether you’re planning to join the thriving expat community here, looking for a holiday home, or hoping to generate rental income, Greece ticks all the boxes.
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