Elounda Hills

Property for sale in Greece

APARTMENT inGreeceElounda HillsEUR 900K – EUR 5.10M

Buying in Greece

Country guide · 25 minGreece Investor GuideNavigate Greece's Golden Visa 2.0 — €250K-€800K tiered entry (lowest in the EU), 2026 capital gains + new-build VAT suspensions, Non-Dom €100K regime, and Europe's strongest tourism-driven yieldsStable MarketForeign-FriendlyFreeholdRead the guide
City guide · 7 minRhodesRhodes, the largest of Greece's Dodecanese islands, is one of the Mediterranean's fastest-appreciating holiday-property markets. Home to roughly 120,000 residents and a UNESCO-listed medieval Old Town (the best-preserved in Europe), the island pairs deep history with a mature tourism economy and an international airport that gives it year-round connectivity. Prices have surged: the average asking price reached about 2,421 euros per square metre in early 2026, up a striking 22% year-on-year, as the Dodecanese gained close to 17% in 2025, outpacing the Cyclades and most of mainland Greece. Islands with international airports (Rhodes among them) have averaged 11.3% annual price growth since 2021. Gross rental yields in the Dodecanese run around 5.3%, the strongest among the Greek islands, driven by short-term holiday lets and second-home demand. Rhodes falls in Zone B of Greece's tiered Golden Visa programme, with a 400,000 euro investment threshold that continues to attract buyers from China, Turkey, the Middle East and the UK seeking EU residency. As a Eurozone market it offers currency and legal stability. Investors should weigh genuine risks: heavy reliance on seasonal tourism and arrivals, the sustainability of recent double-digit appreciation, limited and ageing housing stock that complicates renovation, and tightening short-term-rental regulation across popular Greek tourist destinations.City guide · 8 minChaniaChania (Chania), on Crete's northwest coast, is widely regarded as the island's most picturesque city - built around a 14th-century Venetian harbour ringed by pastel townhouses, an Egyptian-era lighthouse and a tight lattice of Venetian-Ottoman lanes. Beyond the Old Town, the prefecture delivers Crete's broadest lifestyle draw: sandy beaches (Balos, Elafonissi), the White Mountains (Lefka Ori), and a year-round expat and tourist community served by Chania International Airport (CHQ) on the Akrotiri peninsula. The result is a deep villa-and-apartment market spanning the harbour, leafy Halepa and coastal Apokoronas. Greece imposes no nationality restriction on foreign buyers (an AFM tax number and a Greek bank account are the practical prerequisites). For the Golden Visa, Greece runs a two-tier threshold of EUR 800,000 in high-demand zones versus EUR 400,000 elsewhere; the EUR 800,000 band captures all islands with over 3,100 inhabitants, so Crete (and Chania) sit in the EUR 800,000 tier. Chania is distinct from Heraklion (covered separately) - the larger commercial capital - trading instead on heritage charm, a tourism premium and villa-led demand.City guide · 8 minCorfuCorfu (Kerkyra) is the lush, green crown of Greece's Ionian Islands - an emerald landscape of cypress and olive groves fringed by limestone coves. Its UNESCO-listed Old Town is one of Europe's best-preserved historic centres, blending Venetian fortresses, French arcades and British colonial-era architecture. That layered heritage, an international airport and a long-established luxury-villa scene make Corfu the benchmark market of the Ionian, attracting Europe's wealthy second-home buyers - the northeast 'Kensington-on-Sea' enclave (Kassiopi-Nissaki-Agni) has long drawn British and HNW families. Greece imposes no general restriction on foreigners buying property; non-EU buyers need a Greek tax number. For residency, the Golden Visa uses tiered thresholds: EUR 800,000 in high-demand areas, which include all islands with over 3,100 inhabitants. Corfu's island population (~101,600) places it firmly in the EUR 800,000 band (single property, minimum 120 sqm), not the EUR 400,000 standard tier.City guide · 8 minSantoriniSantorini (Thira), the crescent-shaped crown of the Cyclades in Greece's South Aegean, is the country's most iconic island - a flooded volcanic caldera ringed by whitewashed cliffside villages whose blue-domed churches and cave houses define the global image of Greek island luxury. Its anchor towns, Oia and Fira, drive one of the highest average-daily-rate short-let markets in the Mediterranean, built around boutique caldera-view villas, restored cave dwellings and infinity-pool suites. Investor appeal rests on globally recognised brand demand, severe supply constraints (protected caldera-rim development, limited buildable land) and the premium nightly rates that licensed villas command in peak season. Foreigners can buy property freely in Greece. Two current factors shape the pitch: Santorini's new 8,000-passengers-per-day cruise cap for 2025-26, a 'quality over quantity' pivot toward higher-spend overnight guests; and the Golden Visa threshold, raised to EUR 800,000 in high-demand areas (including islands over 3,100 inhabitants such as Santorini, minimum 120 sqm single property) since September 2024.

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