Luxury Investment Real Estate in Santorini, Greece
Buying luxury real estate in Santorini Greece for personal use or as an investment will be down to each individuals financial goals and needs.
Owning a luxury piece of real-estate may come with a swimming pool, home theater, gym, and much more, and can serve as status symbol to the owner.
Santorini, located in the southern Aegean Sea, is probably the if not one of the most famous islands in Greece. Situated about 200 km (120 miles) southeast of mainland Greece, Santorini has always been among the world’s top travel destinations.
One things that stands out is that due to limited land availability on the island, buying luxury properties in Santorini, or investing in luxury real estate is highly sought after by private buyers and investors.
Buying luxury real estate in Santorini Greece for personal use or as an investment will be down to each individuals financial goals and needs.
Owning a luxury piece of real-estate may come with a swimming pool, home theater, gym, and much more, and can serve as status symbol to the owner.
Luxury properties purchased in sought-after areas can appreciate in value as part of a natural capital appreciation, even if not using the real estate as an investment tool.
As an investment though, rental income short or long, can yield high returns in luxury markets, especially homes purchased in high-demand locations.
High-net-worth individuals worldwide are often interested in luxury properties in key cities such as located in Santorini Greece, and this international buyer demand can keep property values stable or even rising.
While demand for luxury real estate is always present, economic changes both locally and internationally can affect values, and legal paperwork for an international investment can be more complex.
If considering buying a luxury real estate Santorini Greece investment or for personal use, always perform due diligence and use lawyers to manage the purchase agreements.
Choosing a luxury real estate investment in Greece by location and type is also down to the investors aims and end financial goals, be it regular rental income, capital appreciation or both.
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 Santorini, Greece
