Why is it profitable to buy property in Greece?

Greece is an amazing country: it is multifaceted, all-season, affordable, and full of opportunities for new discoveries. Now buying real estate in Greece for sale is more than possible – each region of this country has its own character, nature and is attractive in its own way.

Main advantages

Below we have listed the main reasons why it is profitable to buy a villa for rent Greece options.

• Low cost of housing in coastal areas. In other Schengen countries (Italy, Spain, France) prices for similar apartments will be 10-20% higher.
• The low cost of maintaining housing in Greece compared to other countries.
• The low cost of real estate registration in the property and a small package of documents required for this.
• High demand for rental apartments. Real estate in Greece can bring a good income.
• Reliable investment of funds, prices for resale property in Greece are not lower than for new housing, and housing by the sea is very liquid.

Perks you will get

Items for sale at great prices. Many of the proposed options are detached villas on their own plots. The cost of utilities is minimal – you only have to pay for water and electricity, even according to the meters. The advantage is the relatively low municipal tax – about 30 euros per month.

Greeks are friendly and welcoming people. You will definitely like to communicate with the locals, you will find a common language with them. Do not worry about new acquaintances after moving – you will be provided with them in full. Despite the complexity, the Greek language seems familiar. A number of words in Russian and other European languages are of Greek origin. But we would recommend that you start learning the language in advance because its knowledge allows you to win over future sellers and realtors.