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Greece is one of the last hidden gems in Europe for those looking for a holiday home. The country offers a breathtaking natural landscape with over 2,000 islands and a mountainous mainland with over twenty ski resorts. Greece’s dynamic culture, full of cafes, bars, restaurants and sporting activities, adds a vibrant atmosphere to the rich history of the ancient civilization.
That’s why Greece is high on the list of people looking to buy a holiday home. Here are ten reasons why investing in a second home in Greece is a smart move:
Accessibilit: Traveling to Greece is a breeze, whether you arrive by car, plane or boat. With over twenty international airports, there are plenty of opportunities to fly quickly and easily.
Climate: The weather in Greece is great all year round, with an average temperature of 18 degrees and over 200 days of sunshine per year. This makes it the perfect destination for lovers of sun, sea and outdoor activities, such as water sports.
Culture: Greece has 232 archaeological sites and over 400 museums. You will also find seventeen UNESCO World Heritage Sites and two of the Seven Wonders of the Ancient World: the Statue of Olympian Zeus and the Colossus of Rhodes.
Coastline:With over 2,000 islands and the longest coastline in the Mediterranean, Greece offers an unparalleled coastal experience. At 13,676 km, Greece’s coastline is longer than those of Spain and Portugal combined, and there are some 400 Blue Flag beaches.
Quality of life: Outside of Athens, the quality of life in Greece is high, with an index of 80.5. Many Greeks speak good English, which makes integration easier for foreigners.
Low Crime: Greece is a safe place to live, with a low crime rate. This makes it attractive to people looking to invest in real estate.
Low cost of living: Daily expenses in Greece are very reasonable, making it an ideal place for holidays.
Investment Opportunities: The tourism sector offers huge opportunities in the property market. With improvements to infrastructure such as airports and roads, the value of your holiday home investment will certainly increase.
Low taxes: The Greek government has reduced the transfer tax from 10% to 3%, which is a boost for the real estate market.
Laws: A new legal framework in Greece promotes an investment-friendly environment with less bureaucracy, and offers benefits such as residence permits for investments above €250,000 for non-EU citizens and their families, renewable every five years.