Luxury Realty Purchases Reach Unprecedented Levels

Interest from foreign buyers looking to invest in second homes, mainly on the Greek islands, is growing.


Luxury real estate sales in Greece are breaking one record after another this year, according to Greece Sotheby’s International Realty.

The specialized agency reports record-high sales figures in traditional areas of high interest such as Mykonos as well as in other parts of the country, such as Syros and Lefkada.

 

Mykonos recorded the all-time high figure of 23 million euros in the sale of a second home this year, though the chart of requests for purchases sees Corfu on top.

The Athens Riviera and the islands of Paros and Rhodes make up the rest of the top five. Britain, the US and France are the main sources of request origin.

This article was previously published at ekathimerini.com.



Read More

TOURISM

Why Lipsi is the New Darling of the Travel World

This hidden gem of the Aegean is ranked among the...