The Daily Telegraph - Saturday - Money
The best hotspots to buy in Greece
Discover the top places to invest whether you intend to retire, do up and let out a property or work remotely. By Liz Rowlinson
With unreliable British summers, one of the best places to head for guaranteed and extended periods of warm weather is Greece, which commonly sees average temperatures of more than 68F (20C) from May through to October.
Visiting out of peak season means fewer crowds, and the opportunity for cycle touring or a round of golf.
The National Bank of Greece is predicting that last year’s record tourism will be broken yet again, but rising prices and overcrowding have seen figures for fashionable Mykonos and Santorini decrease. Some areas have been afflicted by either forest fires ( such as Rhodes and north-east Greece) or flooding ( Skiathos and central Greece). According to Greek estate agent Dion ‘Its beauty is incredible. It is quiet, with only two good hotels and small rentals. It has very few cruise ships’
Gavriilidis, of estate agency Elxis, Crete and Corfu are the two most popular destinations for British property buyers right now – but there are plenty of other options, depending on what you seek. Here are some ideas.
RETIREMENT
Retirees prioritise good access to healthcare, convenient amenities and an outdoor lifestyle in a great climate – and Greece’s largest island, Crete, is hard to beat.
“Along with the best flight connections with the rest of Europe, it has a large international community which blends well with the locals, and it can be affordable: you can buy a detached villa with a pool for less than € 250,000 (£215,000),” says Gavriilidis.
The island’s north coast, especially the capital of Heraklion, offers the most extensive amenities, and its new Kastelli International Airport will further improve access.
Crete sees loyal Britons return year after year. “In recent years, home owners have been spending longer periods on the island; helped by the rise of remote working, Crete’s healthy Mediterranean lifestyle, lower cost of living and well- developed infrastructure all contribute,” added Ricardo Severini, global sales director at Mirum Group.
Since June, Severini has been selling new properties at Elounda Hills, a new a 138-acre resort on the north- east coast’s Gulf of Mirabello, which has been sustainably designed. The hilltop hugging development with a Camper & Nicholsons marina offers 90-sq-metre, one-bedroom hilltop residences from €495,000 and detached three-bedroom villas from €1.8m.