The Greek Islands Real Estate - Greek Housing Market Trends

If you're looking for a truly stunning Greek real estate place to call home, there's nowhere quite like the Greek islands. With their whitewashed buildings, azure skies and glittering seas, the islands have long been a favorite destination of travelers from all over the world. And while they may be best known as a summer getaway, the Greek islands are actually an ideal place to live year-round. Thanks to their mild climate and laid-back lifestyle, the islands offer a welcome respite from the hustle and bustle of city life. Whether you're looking for a traditional village home or a chic seaside retreat, you're sure to find your perfect match on one of the Greek islands.

How many Greek Islands are there?

Greece is a country consisting of a mainland and 2,000 islands. Of these islands, only 227 are inhabited. The Greek island archipelago spans across the Aegean and Ionian Seas, with several islands also located in the Mediterranean Sea. The largest of the Greek islands is Crete, which covers an area of 8,336 square kilometers. The island of Euboea is the second largest, with an area of 3,687 square kilometers. Lesbos is the third largest island, at 1,632 square kilometers. Other notable Greek islands include Rhodes, Corfu, and Zakynthos. Together, the Greek islands offer a stunning landscape of sandy beaches, crystal-clear waters, and mountainous terrain. Visitors can enjoy a wide range of activities, from hiking and swimming to sunbathing and dining on fresh seafood. With so much to see and do, it's no wonder that the Greek islands are a popular tourist destination.

Why to buy a House in the Greek Islands?

The Greek islands are a popular tourist destination for a reason: they offer stunning scenery, world-class beaches, and a relaxed Mediterranean lifestyle. But the islands also have a lot to offer for those looking to purchase a second home or investment property. Here are just a few of the reasons why you should consider buying a house on one of the Greek islands:

The climate is perfect for those who love sunny weather and mild winters. The island of Crete, for example, has an average temperature of 24 degrees Celsius in July and only 13 degrees Celsius in January.

The real estate market is very reasonably priced, especially when compared to other popular tourist destinations such as the French Riviera or Italy’s Amalfi Coast. You can find a beautiful villa on the island of Mykonos for under 1 million euros, and even more affordable options on some of the less well-known islands.

There is no shortage of things to do on the Greek islands, from exploring ancient ruins and hiking in scenic hillsides to lounging on gorgeous beaches and enjoying the vibrant nightlife. No matter what your interests are, you’ll find plenty to keep you entertained on an island vacation.

If you’re looking for a beautiful and affordable place to buy a second home or investment property, the Greek islands should be at the top of your list. With their perfect climate, reasonable prices, and wealth of activities, the Greek islands have something to offer everyone.

What are the prices per square meter in the Greek Islands?

The Greek Islands are world-renowned for their stunning beaches, azure waters, and chic resorts. But what many visitors don't realize is that the prices per square meter can vary greatly from one island to the next. In general, the most expensive islands are Mykonos and Santorini, where prices can range from €5,000 to €10,000 per square meter. By contrast, the less popular islands of Crete and Rhodes offer more affordable prices, with an average price of €2,500 per square meter. For those looking for a real bargain, the island of Kefalonia is a great option, with prices as low as 1,500 EUR per square meter. No matter what your budget is, there's an island in Greece that's perfect for you. Prices also differ depending on whether the land is beachfront property or not. Beachfront land on Mykonos can cost as much as €4,000 per square meter, while beachfront land on Crete typically costs around €1,200 per square meter. As a result, those looking to purchase land in the Greek Islands need to consider a number of factors before making a decision.

Related to property bidding

Learn how bidding works with Realtor Globally:

In order to register a bidding you should first have a bidders account in the platform. To create a bidding account you will need to have a valid cell phone number and a valid credit card. After creating a bidder account then go to the page of the property you are interested for bidding and place the amount you want to bid by clicking on the “Place a Bid” button.

What to consider before placing a bid:

It is a good idea to get a pre-approval from your bank before bidding on any of the properties listed on the real estate website. If something goes wrong, such as a loan falling through or a change of mind, you will still have to pay the website's commission fee. So be sure to talk to your banker for the bank's terms of approval before placing any bid.

What to consider before buying a home

There are several factors that buyers should consider before making an offer. Each homebuyer is different, requiring an individualized assessment of needs and wants. The property should be located near your place of employment, make sure that it's located close to your workplace so you don't waste time commuting.

Learn more about why our business Partners are our key to success

All parties involved in the real estate industry have a vested interest in promoting safer investments. Real estate agents who keep up with the latest online technology are at an advantage over their competitors. Our partners include real estate agents, real estate consultants, real estate developers and other related companies.

Find the best deals on
our Bidding list

Ready to Talk?

Contact Us