Owning a property in Mykonos can come at a premium due to the island having strict building regulations that limits new developments, and thereby has the impact of increasing the value of existing luxury properties.
Luxury property prices in Mykonos have over the years seen steady capital appreciation, and with international interest ongoing this island in Greece continues with the focus on luxury rental properties.
Mykonos offers offers a combination of high rental yields, strong capital appreciation, and ownership prestige to both investors and private use owners, and is a strong contender for anyone looking for a luxury property for sale in Greece.
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 Mykonos, Greece