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Corfu, a Greek island in the Ionian Sea, is a popular location for real estate investment, offering a mix of stunning landscapes, historic charm, and Mediterranean lifestyle.
Properties in Corfu vary widely, from traditional villas, beachfront homes, and luxury estates to more affordable apartments and rustic cottages.
Greece has a diverse range of property styles, influenced by its rich history, cultural heritage, and regional differences.
These styles vary by island, region, and historical period, but some key characteristics define the overall architectural landscape. Styles of property in greece include the Cycladic Style, often found in Santorini and Mykonos, to the Venetian Style abundant on Corfu and Crete, plus the Minoan Style endemic in Crete.
Additionally in Greece there can be found the Neo-Classical style of property in large cities such as Athens and Thessaloniki.
The distinct Byzantine style of Macedonia and Peloponnese, to the rural farmhouses & villas can also be found just about everywhere in Greece.
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.
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.