Crete is known for its diverse landscapes, including sandy beaches, rugged mountains, fertile valleys, historic towns, and archaeological treasures such as Knossos Palace, the center of the ancient Minoan civilization.
Crete is one of the top tourist spot in Greece, with major cities like Heraklion which is the capital, Chania, Rethymno, and Agios Nikolaos are all listed as great destinations, and as Crete receives millions of visitors each year, this results in high demand for luxury villas, holiday or vacation homes, and rental properties that provide excellent potential income.
Crete offers properties from seafront luxury villas to mountain retreats, with Crete continuing infrastructure developments which adds to any investment growth potential.
There is increasing international demand for luxury homes in Crete underpinning property values, yet they tend to be more affordable compared to other European areas like the South of France, Mallorca and Ibiza.
Crete can yield high seasonal returns, especially in tourist areas like Chania, Elounda, and Rethymno, and whether for personal use, retirement, income generation, or a mixture of reasons, Crete is a location in Greece to consider if investing in real estate.
If looking at Greece as an overseas or foreign investor or buyer into Greek real estate, those who typically invest or purchase at €250,000 to €800,000, which varies according to the area chosen, can obtain Greek residency through the Golden Visa Program, making Greece an attractive gateway to the EU.
Greece offers both stability and opportunity to buyers and investors, as tourism to Greece brings in over 30 million visitors across the mainland and the Greek Isles.
Real Estate Agents and Property Developers in Crete, Greece
