With its stunning beaches, picturesque villages, and friendly locals, it’s no wonder that Greece is a popular destination for expats. If you’re considering a move to Greece, you’re probably wondering if buying property is a good idea.
Here are 5 reasons why purchasing real estate in Greece could be a wise investment.
1. The Cost of Living is Relatively Low
Although Greece isn’t the cheapest country in Europe, the cost of living is relatively low compared to other Western European countries. Expenses such as food, transportation, and utilities are reasonable, and you can find decent housing for a reasonable price.
2. The Weather is Great
Greece has a Mediterranean climate, which means that it enjoys mild winters and warm summers. If you’re relocating from a place with harsh winters, you’ll appreciate being able to enjoy the outdoors year-round. And, let’s be honest— who doesn’t love getting away from the cold weather?
3. There are Many Beautiful Places to Live
From the island of Crete to the city of Athens, there are so many beautiful places to choose from when deciding where to live in Greece. No matter what your preferences are, you’re sure to find real estate in Greece that suits your needs.
4. The People are Friendly and Welcoming
Greek people are known for their hospitality, and you’ll quickly feel like part of the community after moving here. People are always willing to help out, whether you need directions or recommendations for good restaurants.
5. It’s Easy to Get Around
Whether you’re traveling by car, bus, or train, getting around Greece is relatively easy and straightforward. And if you’re planning on doing some traveling within Europe, Greece is ideally located—you can easily get to other parts of Europe by plane or ferry.
How to Buy Real Estate in Greece
In Greece, any expatriate can own a residence. There are no buying restrictions in the nation. But, it is strongly recommended that you get legal counsel. Here’s the guide on how to buy a house in Greece.
- AFM requires a valid passport (Tax Registry Number)
- A valid visa is required to enter Greece (in the case of non-EU nationals)
- Proof of residency
- Tax return copies
Considerations Before Purchasing Property in Greece
So, now that you’re ready to dive into a new way of life, here are a few things to consider when purchasing real estate for sale in Greece.
Things to Think About
What are your standards?
Now, the sort of home you want may be determined by a variety of aspects such as family size, amenities, location, and so on. If it’s just you or you and your spouse, a one- or two-room apartment should suffice. If you expect your parents and children to join you, though, a villa is a better option.
What are the essentials and what are nice-to-haves?
When you’re buying property in Greece, be sure that it contains everything a person living there would require. Most significantly, it should be close to your workplace, have access to other cities by different forms of transportation, and so on.
What is your financial situation?
Greece provides property options for individuals of all income levels. Thus, when you know your budget, you may quickly search for properties that are within your price range. Factors such as cost, you may live in any town or city that has a home in your price range.
If you’re considering moving to Greece, purchasing property is definitely worth considering. Not only is the cost of living relatively low, but there are also many beautiful places to choose from and the weather is great year-round. Plus, the people are friendly and welcoming and it’s easy to get around the country. So what are you waiting for? Start searching for your Greece real estate for sale!
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