The Greek islands, particularly Santorini and Mykonos, have witnessed a remarkable surge in the luxury real estate market in recent years. These islands have become key destinations for international investors, thanks to their stunning natural beauty and rich history.
Why Invest in Mykonos?
Mykonos stands out with its luxurious villas perched on hillsides, offering breathtaking views of the Aegean Sea. Here are some key factors driving its appeal:
- Dynamic Lifestyle: Mykonos is known for its vibrant nightlife and top-tier tourism infrastructure.
- Property Prices: Luxury villas range from €3 million to €10 million.
- Strong Demand: Investors are drawn to the exclusivity, high rental returns, and cosmopolitan lifestyle.
Santorini’s Unique Charm
On the other hand, Santorini offers a blend of iconic whitewashed houses and a growing interest in luxury villas. Key highlights include:
- Prime Locations: Areas like Oia and Imerovigli feature properties with stunning caldera views.
- Price Range: Luxury homes here typically range from €2 million to €7 million.
- High Occupancy Rates: The island’s reputation as a romantic getaway ensures high demand for luxury rentals.
Golden Visa Program
A significant factor driving the real estate market in Greece is the Golden Visa program. This program allows foreign investors to gain residency by purchasing properties worth over €250,000. This incentive, combined with the appeal of luxury villas as safe investments, positions the Greek islands as premium destinations in Europe.
With sustained international demand and an evolving market, investing in luxury real estate in Mykonos and Santorininot only provides an exclusive lifestyle but also promises considerable long-term returns.