Guide to Buying Property in the Peloponnese
Buying real estate in Greece is a dream come true for most of us. Who doesn’t want a home in this beautiful Mediterranean country? While the nationals can freely own property, the foreigners must comply with the local real estate regulations. But with proper planning and know-how, you can snap up a little piece of paradise as your own.
Why Invest in Greece
Investing in real estate in Greece, as a non-resident, offers opportunities for both rental return and also capital growth in a nation that welcomes inbound investment of this type.
The European Commission predicts GDP growth of 2.5% per year, and the Greek government offers tax exemptions for investors as well as golden visas for non-EU buyers. Additionally, there’s a high demand for short-term rentals in the form of Airbnb as well as a demand for luxury villas and apartments from holidaymakers, golfers, and those on business. The average cost of living is also at the low end compared to other major nations in Europe.
Buying an apartment or even better buying land and building the villa of your dreams in the Peloponnese offers both capital growth and the opportunity, should you so choose, to rent out the property.
If you need to know more, contact us here. We are always happy to help.
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What you need to buy real estate in the Peloponnese
While Greece does not apply any restrictions on foreigners, some documents are required. You need a valid passport, government-issued ID, copy of tax returns, AFM (tax registry number), and, if you do buy, a proof of residence.
Why Buy rather than rent?
A luxury home, villa or apartment in the Peloponnese that is both a holiday destination and a long-term investment. If you want a permanent home that offers you that warm glow of ownership each time you visit. That you can decorate and accessorise exactly as you want and will appreciate in value over time as ell as offer you the option of letting out to cover your costs, then buying an apartment or villa is the clear answer.
Understand your needs.
Do you need a property close to shops and restaurants? Is a sea view preferable? How many bedrooms do you need? What’s the deal breaker? Jot down the must-haves before you make your investment. How many bedrooms will you need. What facilities need to be close by? Is the proximity to the local airport important.
Sticking to a budget.
You must be realistic about how much you want to invest. Since the exchange rates can alter, you must consider the variations. If you plan to live a good proportion of the year in the Peloponnese region of Greece, think about your own logistics. Flight costs, buying or moving furniture etc.
Research
Browse through this website to see the picturesque village on the coast of the Peloponnese. Look at our real estate option and gallery of images from around the region.
Real Estate
Come and look.
Our new golf resort construction offering excellent opportunities for investors looking for a good investment in the Peloponnese region of Greece.
When you are ready. Contact us and we’ll be happy to guide you through the process.
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Historic Greece
Travelling around Greece and visiting different places is easy thanks to the excellent ferry and road network. Yes, it is tempting to stay in Kilada to enjoy your villa in Kilada, but why not make the most of this beautiful country.
The Argolis Region
The Great Theatre of the Asklepieion at Epidaurus (35 miles)
Set in stunning natural surroundings this theatre, built in the classic Hellenistic style more than 2,000 years ago, and largely unchanged since, offers a timeless and still functional view of Greeks historic past.
Archaeological Museum of Nafplio (45 miles)
Built in 1713, this archetypical structure holds Greek historical artifacts pre-dating civilization. The Paleolithic cluster of alters dating back past 20,000 BC The museum contains tools, jewellery and pot-made vessels giving an incite into Greek pre-History.
The Palamidi Castle (60 miles)
More modern history presents the Palamidi Castle. Built by the Venetians in 1714 to protect their commerce in the area, the castle set almost 400 feet up, high and canted on the hillside. It presents an awe inspiring monument to Greece’s important role in Mediterranean trade.
Friendly Greece
One of the best ways to describe Greece is as people-friendly. The local Greek population genuinely love visitors and many ex-pats become part of the local community. The social culture in Greece is much more open when compared to living as an ex-pat in many other European countries. Local events form part of the rich local culture and tapestry of life in Greece.
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