Investors and private buyers are drawn to luxury apartments in Mykonos Greece for sale or rent due to this being a prestigious internationally renowned destination.
In recent years Mykonos Greece has become one of Europe's most sought after destinations for international buyers and investors seeking luxury real estate for personal use, income generation or a mix of both.
Where is Mykonos in Greece and why buy luxury properties in Mykonos, or invest into luxury real estate in Mykonos.
Mykonos, due in part to its fame, attracts tourists including high-net-worth people, who in turn attract investors and buyers looking for luxury villas and houses, beachfront properties, and high-end apartments to buy for investment, or a mixture of investment and personal use.
Known thoughout the world, Mykonos is one of the most famous Greek islands, and is located in the Aegean Sea, being part of the Cyclades island group, based southeast of mainland Greece.
Mykonos can be reached by ferry from Athens, Piraeus or Rafina ports, and by air travel from Mykonos International Airport.
Mykonos and Greece attract millions of visitors each year due to its natural beauty, crystal-clear waters.
Luxury properties here are desirable for wealthy individuals looking for vacation homes or permanent relocation to a tax-friendly location.
High daily rental rates during peak seasons (holidays, winter) can deliver strong returns. Even off-season, there's demand from business travelers, remote workers, and long-stay tourists. Upscale apartments command premium prices compared to standard rentals.
The luxury segment has shown resilience, even during economic downturns, especially prime waterfront or resort-located Mykonos Greece luxury apartments for sale that tend to increase in value over time.
Real estate in the Mykonos Greece allows you to diversify internationally, which can hedge against local currency or economic instability.
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