Greece in the top 15 countries in the luxury property markets

February 14, 2024

Greece in the top 15 countries in the luxury property markets

Amidst a globally competitive landscape, Greece emerges as a hidden gem, climbing the global ranks to become one of the most sought-after destination for luxury real estate globally.

But what is it about this Mediterranean paradise that’s capturing the hearts and wallets of the world’s elite investors?

7th in the top luxury property markets

The luxury real estate sector in Greece is carving out a prestigious position, securing the 7th spot among the top 15 global destinations for high-net-worth property investments. This notable ranking, presented in the “2023 Global Luxury Landscape” by Berkshire Hathaway Home Services, underscores the country’s escalating appeal to affluent investors from across the globe.

The resilience of Greece in the luxury real estate market is a testament to its unique offerings: a compelling combination of a rich historical tapestry, enchanting natural beauty, and a strategic geographical location. These elements not only enrich the lifestyle of residents but also contribute significantly to the investment value of Greek properties.

Investment value increases every year

Greece’s ascendancy in the luxury property domain is further reinforced by the Henley Private Wealth Migration Report 2023, which forecasts a 20% year-over-year increase in high-net-worth individuals making Greece their investment home. The luxury real estate in Greece is not merely attracting investment; it’s becoming the preferred choice for those seeking a blend of lifestyle and financial opportunity.

Global investment interest is high in the Greek Real Estate

Kyriakos Xydis, Managing Partner at Berkshire Hathaway HomeServices Athens Properties, highlights the surge of global investment interest in Greece. The nation’s allure is attributed to competitive pricing relative to other European hotspots like Spain and Italy, and to the lifestyle that is an intricate tapestry woven with cultural richness and scenic beauty.

Adding to the attractiveness is Greece’s Golden Visa program, continues to draw high-net-worth individuals to its shores. The investor visa program’s popularity is evident, with a staggering 740% rise in applications from US investors since 2021.

As Greece continues to cement its position as a top destination for luxury real estate investment, Astrea invites you to explore the potential of its exquisite residences.

Astrea’s luxury residences stand at the forefront of this investment wave, offering a portfolio of properties that are not just homes but profitable investment opportunities in the Greek Real Estate landscape.

Contact Astrea and secure a future of opulent living paired with the prospect of high ROI and sustained profits in the long run.

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