Americans wish to buy properties in Greece

Greece’s lower prices and mild weather, combined with its friendly golden visa program, are the main reasons why Americans are buying properties in the country, according to real estate experts. And there are many more US citizens ready to invest.   

According to Berkshire Hathaway HomeServices’ “European Summer Market Report”, Greece has become a top option for international buyers. Moreover, Greece-based office Berkshire Hathaway HomeServices Athens Properties has expanded its portfolio to include popular destinations such as Mykonos, Santorini and Paros, which have traditionally attracted buyers from all over the world.

Strong interest for buying property in Greece

Experts working for Berkshire Hathaway HomeServices Athens Properties expect a strong interest from abroad in buying and renting properties in Greece. They predict that buyers from abroad will be particularly interested for popular tourist destinations. Previous study findings indicate a continued demand for luxury apartments in the center of Athens, and in the northern and southern suburbs of the Attica region. The Athenian Riviera is high on buyers list.

According to the same report, quality of life, cost of living, friendlier taxation and temperate climate are the main factors driving real estate investments in Europe with Americans again topping the list. At the same time, the Covid-19 pandemic created new conditions including remote work options making Europe an even more attractive choice.

Demand from international homebuyers has increased across Europe. Thanks to the strong dollar, many European countries became hot destinations for international travel during the summer. But it seems like many people are seeking more than a vacation and Greece is their first choice.