23
Thu, Jan

Trends Shifting Among Foreigners Buying Holiday Houses in Greece

Hellenic Shipping News

The preferences of foreigners interested in purchasing a holiday house in

The preferences of foreigners interested in purchasing a holiday house in Greece are shifting toward areas with greater growth potential, according to an analysis by Elxis-At Home in Greece, a Greek real estate company based out of Holland.

“This year, we are once again observing a noticeable shift in demand from high-tourism areas to other regions with greater growth potential,” notes George Gavriilidis, CEO of Elxis.

As he explains, the primary reason for the shift in the trend is the saturation of popular destinations and the potential buyers’ desire for more privacy.

Furthermore, land plots in the more popular locations are scarce, and even when an opportunity arises the asking price is very high.

“For example, instead of purchasing a vacation home in Lefkada, we’re seeing a clear shift of interest to the opposite shores, both north and south of Preveza,” explains George Gavriilidis.

“Areas such as Monolithi, Kanali, Palairos, Pogonia, and further south the beaches of Mytikas stand out. They offer the same turquoise waters as the Ionian Islands but with the added advantage of privacy and, of course, a more affordable purchase cost,” he adds.

As far as property prices, the most popular real estate category is expected

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