Cheap Property for Sale in Crete, Greece listed by Owner
Buying luxury property in Crete Greece offers several advantages beyond the standard real estate investment.
Where is Crete in Greece, why buy luxury properties in Crete, or invest into real estate in Crete.
Crete is the largest island in Greece, one of the most famous destinations in the Mediterranean and world, and is situated to the south of the Aegean Sea, separating it from the Libyan Sea, about 160 km south of mainland Greece. This central position in the Mediterranean makes Crete an attractive location to consider for both tourism and rental returns, personal use property, investment or a mixture of both.
With transportation to Crete straightforward via international airports in Heraklion and Chania, with direct flights from major European cities, and connections to North America, the Middle East and Far East it is a location to consider.
With luxury property there is often a strong investment potential as luxury properties usually appreciate well over time, especially if purchased in prime locations.
Real estate, particularly high-end like luxury homes, tends to keep pace with or outperform inflation, and has proven to be so over time. Plus as an investment purchased and then rented out, can often generate significant rental income, especially in sought after vaction area or international business hubs.
Just because you may be looking at luxury homes, especially in sought after locations such as vacation areas, it does not mean to say they will not be cheap, and can still often come with private pools, gyms, smart home technology, and overall provide a superior living experience to owner and renters, plus luxury homes are often found in prestigious locations, and areas that are seen to be safer.
Due to the price homes such as these, they are often architecturally unique, come as custom designs and contain high-quality materials that make luxury homes visually stunning, built to last, and hold value.
Gated communities that feature upscale luxury homes usually are in more secure areas with 24/7 surveillance and restricted access, come with larger plots, private entrances, and secluded locations ensure a more private lifestyle.
Luxury real estate is often seen as a status symbol, and ownership can open doors to elite social circles, events, or exclusive clubs, plus as an asset luxury real estate adds tangible wealth, can be seen as an investment diversification to an investment portfolio.
International investors can diversify geographically by owning luxury homes, especially if they can pick them up at a cheap price, in places such as in Crete Greece, and focusing on luxury Crete Greece property by owner can provide cheaper properties serving as valuable assets for the future and potential immediate capital appreciation by buying for a lower price as agent fees are not included.
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