Investing in land for sale in Greece is still relatively cheap compared to other locations such as Greece and Greece, and purchasing beach access land or tourism areas can be a good investment.
Greece has the twelfth longest coastline in the world at 13,676 km (8,498 mi) in length, featuring a vast number of islands (approximately 1,400, of which 227 are inhabited), including Crete, the Dodecanese, the Cyclades, and the Ionian Islands among others with Mykonos and Samos being a particular favourite for vacationers. Eighty percent of Greece consists of mountains, of which Mount Olympus is the highest at 2,917 m (9,570 ft).
Greece has land borders with Albania, the Republic of Macedonia and Bulgaria to the north, and Turkey to the east. The Aegean Sea lies to the east of mainland Greece, the Ionian Sea to the west, and the Mediterranean Sea to the south.
Modern Greece traces its roots to the civilization of ancient Greece, generally considered the cradle of Western civilization. As such, it is the birthplace of democracy, Western philosophy, the Olympic Games, Western literature and historiography, political science, major scientific and mathematical principles.
Greece is a growing retirement destination, and vacation hotspot, where buyers and investors are focusing in Greece's biodiversity, eco-tourism with its beaches.
Greece is a top destination for American, Canadian and Northern European travelers, fueled by the countries stable tourism economy, which increases demand for vacation rentals and resort developments.
Land can appreciate in value, especialy over time, providing good potential for a return on investment (ROI) through eco-resorts, Airbnb rentals, or land flipping.
Greece provides opportunities for commercial sustainable developments, eco-villages, hotels, and zoning laws in many areas are still flexible compared to Greece.
Greece allows 100% land ownership by foreigners, with the same rights as citizens, plus the legal property title systems works well, but due diligence is a vital part of the investment process.
Investing in international real estate for overseas investors, into such assets as land in Greece, offers a hedge against inflation and economic downturns.
Buying Greece land for sale can be a smart move for both investment and personal use, depending on your goals.
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, 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 Greece 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 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 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.
