Rhodes is the largest island of the Dodecanese archipelago and one of the most famous Greek islands, located in the southeastern Aegean Sea, and situated close to the coast of Turkey.
In addition to Rhodes having a very long world famous history, the island also has a very strong tourism market, that feeds into the high rental demand for luxury properties, making Rhodes an excellent island to consider if buying luxury properties for personal use or investing into Rhodes real estate for rental income and or long-term capital appreciation growth.
Why buy or invest into luxury property in Rhodes Greece and where are the best real estate investment locations in Rhodes Greece
Rhodes is often referred to as the “Island of the Sun”, benefits from a very long coastline, offers tourists an historic Old Town (a UNESCO World Heritage Site) to explore, and is easily to get to via Rhodes International Airport, as well as ferries from Athens and other Greek islands.
Buying luxury properties in Rhodes or investing in real estate in Rhodes has many positive reason to consider including that Rhodes is seen as a central point between Europe, Asia, and the Middle East, and is among the top tourist destinations in Greece, drawing millions annually.
The high demand for rental properties in Rhodes tends to focus on luxury villas, holiday homes, and seafront flats and apartments.
Rhodes benefits from over 300 days of sunshine a year, plus the large number of sandy beaches, crystal-clear waters, and luxury marinas suitable for those high-net-worth buyers who also have yachts.
There is potentially good luxury property investment options in Rhodes in places such as Lindos, Kalithea, Ixia, and the main location in Rhodes, Greece Town, with many areas benefiting from good demand for holiday or vacation rentals and therefore for investment.
In Rhodes as with Greece as a whole real estate purchases over €250,000 may qualify for the Greek Golden Visa Program, which grants residency in Greece and access to the Schengen Zone.
If looking at Rhodes for a luxury property to purchase or as an investment properties range from seafront luxury villas, to modern apartments and flats, to traditional houses in picturesque villages.
Featured Greece Listing on IPD
Location : Marousi, Athens, Attiki
Property Type: LandProperty Terms: For SaleLocal Currency Price: 420000 EurosPrice in USD: $489,000
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If looking at Rhodes 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 Rhodes Greece an attractive gateway to the EU.
Rhodes, which is deemed as affordable when compared to other luxury property markets, can offer high-end real estate at lower price points than hotspots like the French or Italian Rivieras, still with excellent growth and demand, and Rhodes offers many buyers the attraction of purchasing into the Greek lifestyle that has a great appeal, where buying through a real estate agent or buying direct from the owner.
Greece offers both stability and opportunity to buyers and investors, as tourism to Rhodes Greece brings in over 30 million visitors across the mainland and the Greek Isles.
With the Golden Visa residency as an option those buying for personal use or as an investor in Rhodes Greece real estate, whether the aim is short-term rental income, capital gain, or a mix of personal use and renting for income should be considered.
Real Estate Agents and Developers in Rhodes Greece
