There are many reasons why buying a flat in Mykonos, Greece, might be the best choice, depending the buyers expected lifestyle and their financial situation.
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.
Flats often require less maintenance than larger properties which can be a great choice for investors or people who do not want to spend a lot of time on upkeep.
Flats, especially luxury flats, can come with amenities such as gyms and pools that can make flat living feel more luxurious and convenient, and adds to the investment if purchasing to rent out.
Flatminiums can come with security such as gated entrances, guards, and CCTV, plus flats are often located in desirable areas that might align with the lifestyle or investment goals.
Flats can be more affordable than larger homes, especially in high-demand areas, and often are located in communities.
In good locations flats can add capital appreciation in value over time, plus option to rent out the flat in the future brings in income.
Flats are typically smaller than single-family homes, they to be more energy-efficient, often with shared walls and common spaces which can reduce the cost of running, making it easier to maintain a lower cost of living.
Buying a luxury flat in Mykonos Greece for sale makes the most sense for investors renting out who prioritize convenience, amenities, and low-maintenance living for their rental guests.
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
