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Why Property Investment in Greece is a Great Idea in 2023
Buying an Investment Property
Property investment is our business. And we are very good at it. We are a team of experts who can guarantee that all your personal needs are well cared for with a smile.
All you have to do is express your wishes and preferences, and we will make sure we find the right property that ticks all the boxes. With our extensive experience and our vetted network of trusted partners, such as lawyers, accountants, etc., we are able to provide you with advice for anything you think of placing your money on, from retirement properties and holiday homes to luxurious villas and multi-million Euro hotels.
Our agency has successfully been operating in the Greek real estate market for many years now. The numerous testimonials of past clients prove our commitment to excellence and the fact that we deliver what we promise. Smart property investment is our differentiator.
What Makes Greece An Excellent Property Investment Destination?
Greece is a unique country renowned worldwide for its natural beauties, rich history, warm and friendly people, exceptional hospitality, mild climate, highly skilled workforce, and exciting investment opportunities in many fields. It is characterized by deeply rooted values that have been dominant since ancient times and up until today. It has never ceased to be a magnet attracting investors from around the globe and still is today. Maybe more than ever.
Here are the main reasons for which Greece attracts foreign buyers:
Location
Greece holds a particularly strategic location at the Northeastern part of the Mediterranean Sea. It is a crossroads between Europe, Asia, and Africa. It is easily accessible by most parts of the world, and its EU membership offers a host of advantages.
On top of that, the country has amazing geographic diversity, ranging from coasts and islands to mountains, lush forests, rivers, and lakes. There is a natural wonder for any given taste. Greece’s coastline is the longest in the Mediterranean, featuring many blue flag-awarded beaches.
Affordable Prices and a Charming Way of Life
In terms of property investment and cost of living, Greece has competitive prices compared to the rest of the Mediterranean and other European countries. Especially if you plan to invest in (a) holiday home(s) for rental purposes, keep in mind that high-quality properties in attractive locations, such as Corfu, have a high rental potential and can turn attractive yields.
In addition, the country has a charming lifestyle and a laidback atmosphere. There are endless entertainment options, the food scene is one of the best in the world, and culture is everywhere around you. The public and private healthcare systems are developed, education is of high quality, and English is widely spoken by the vast majority of the population, so foreigners will feel at home from the beginning. Plus, it is a very safe country to live in, since crime rates are amongst the lowest in all of Europe.
Modern Infrastructure
Greece’s infrastructure is developed and favors property investment activities for both locals and foreigners.
Recently, the country’s road network has undergone significant improvements. The main arteries that run the country from south to north and from west to east (like the Egnatia Highway, which connects the port of Igoumenitsa at the coast of the Ionian Sea with Alexandroupoli, near the Turkish border) are ultra-modern. At the same time, secondary and inter-provincial roads have also been improved for the safety of citizens and visitors.
Being a traditionally seafaring nation and boasting hundreds of islands, Greece has more than 140 seaports, 16 of which are international. The biggest one is the Port of Piraeus (which is among the busiest ones in Europe, with an important passenger and cargo capacity), followed by the ports of Thessaloniki, Patras, and Igoumenitsa.
In terms of air transfers, Greece has 44 airports. Fifteen of them are international, 25 serve domestic flights, while four are municipal. Upgrade works are currently underway for many of them, while there are also provisions for constructing new airports.
Last but not least, Greece has up-to-date telecommunications, with many providers offering landline, cellular, and Internet services. Broadband Internet is widespread all over the country, allowing investors to continue their business activities without obstructions.
The Unique Case of Corfu and Paxos for Property Investment
If you are thinking of investing in property at a cosmopolitan, one-of-a-kind island that can offer all modern amenities, a rich culture, and exquisite experiences that transcend people and time, then look no further than Corfu!
The “Grand Lady of the Ionians” stands apart. Situated at the western point of Greece, it is conveniently located close to Italy. Its international airport allows you to connect with most European capitals in 3 hours of flight, at a low cost of travel.
Corfu combines a lively, upbeat capital with quaint, small villages that open a window to the island’s lifestyle in the past. It steams with culture at literally every corner, and Corfiots have a long-standing tradition in the arts.
Corfu Town is a chapter of its own. Featuring Byzantine, Venetian, French, and British influences, it is a marvel for architecture lovers. It is no wonder the Old Town was declared a Unesco World Heritage Site in 2007. But the Town does not limit itself to culture and history. It has an intense nightlife, is a center of higher education (the Ionian University is seated here), boasts local and international cuisine options with award-winning restaurants, and hosts international fashion with many famous boutiques being present here. Overall, it is a vibrant island capital offering quality living all year around with its many choices and events.
And, of course, no need to bring up the island’s majestic coasts, crystal clear waters, lush greenery, and breathtaking landscapes. It is a top-tier, cosmopolitan tourist destination with more than 2 million visitors per year. Many of them are celebrities and Hollywood stars.
Paxos, on the other hand, is less busy but equally breathtaking. It is a natural wonder with emerald waters, fabulous beaches, a charming town (Gaios), and lovely, Venetian-style accommodation options. It is an artist’s paradise and the perfect place to wind down and enjoy the simple pleasures of life.
Get in touch with us
Looking for property investment opportunities in Corfu and Paxos, or thinking of applying for a Golden Visa in Greece? Our award-winning team is highly specialized and up to the task. Give us a call or drop us an email for more information.
