According to Greek real estate agent Dion Gavriilidis, from Elxis estate agency, Crete and Corfu currently attract the most attention from British buyers. Whether you’re looking for a location suitable for holiday letting, retirement or remote work, Greece has plenty of investment options to consider, as The Telegraph reports.
Best Locations for Retirement
For retirees looking for convenient services, easy access to health care, and a fantastic climate, Crete stands out. It’s not just the enticing climate, Crete’s well-connected flight services, affordability and international community also make it an attractive proposition for retirees. A detached villa with a swimming pool will relieve you of less than €250,000 (£217,000), a testament to the economic feasibility of retiring in Greece.
Closer to the island’s north coast, particularly in Heraklion the capital, retirees can find extensive amenities. The island’s connectivity and convenience are set to improve with the upcoming Kasteli International Airport. Crete’s attractiveness has not gone unnoticed, and the island has seen an increase in homeowners choosing to spend more time there.
Best Locations for Airbnb Rentals
If you’re considering holiday lets, the southwestern islands of the Cyclades, particularly Milos, is a worthwhile investment. With over 80 sandy retreats and exotic volcanic geology, rental flats in Milos have an impressive occupancy rate of 72%, outperforming other islands like Santorini and Skiathos. The majority of listings are one or two-bedroom flats, often converted from small traditional houses.
Best Locations for Sports Enthusiasts
For ardent sports enthusiasts, the Costa Navarino in the southwest Peloponnese houses a range of top-notch sporting facilities. It hosts a cluster of five-star hotels and neighbourhoods close to the town of Pylos, a mere 45 minutes from Kalamata airport. Residents can participate in a wide array of outdoor activities, from NBA basketball coaching and Ironman events to cycling and rock climbing.
Villas and apartments in Costa Navarino range between €770,000 and €6.2m, offering access to incredible amenities. Alternatively, there are numerous stone houses for renovation, starting at around €120,000.
Best Locations for Investment
The robust Greek economy has bolstered the investment potential in their property market. Athens, in particular, has witnessed steady growth since 2018 and has drawn the attention of investors from Turkey, the Middle East, and China due to its golden visa scheme.
A notable feature of Athens is the newly planned “smart city,” The Ellinikon. It’s set to be the largest urban generation project globally and has been generating significant interest from investors.
Best Locations for Remote Workers
For remote workers, the options are plenteous, with Crete being a major hub, mainly for its good internet connection and infrastructure. Thessaloniki on the mainland is also becoming popular with digital nomads. For many however, Athens remains the top choice, particularly for the trendy neighbourhoods of Koukaki, Kypseli, and Pagrati. These areas provide affordable accommodation and a lively social scene, making them ideal for remote workers looking to relocate.
This guide should provide a clearer picture of the opportunities that the Greek property market offers. Real examples of people like Janet Williams, who fell in love with the allure of Crete and invested in a soon-to-be completed apartment at Elounda Hills, shine a light on the practical benefits of these investment opportunities. With wide-ranging prospects, Greece surely offers property investment opportunities to suit various preferences and purposes.

