Another factor affecting the real estate market is the demand for residential property in the big cities like Athens and Thessaloniki. These cities have growing populations and an increasing demand for housing.

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Despite this, property prices in Greece are still relatively low compared to other European countries. For example, an apartment in the center of Athens can be bought for around 1,500 euros per square meter, while a seafront apartment in a popular holiday region such as the island of Santorini costs around 2,500 euros per square metereast.

There is also an increasing demand for holiday apartments and houses, especially on the islands like Crete, Rhodes and Mykonos. These properties are often bought as an investment and can then be used for holiday rentals.

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Overall, the real estate market in Greece is showing positive trends and is slowly recovering from the financial crisis. With the country's popularity as a tourist and holiday destination and increasing demand for housing in the major cities, the prospects for the property market in Greece are promising.

Crete is one of the most popular islands in Greece and therefore has a very active real estate market. As mentioned, the island has an increasing demand for holiday properties, especially in popular holiday regions such as Chania and Rethymno.

However, real estate prices in Crete are not the same everywhere and can vary greatly depending on the location and equipment. For example, an apartment in a popular tourist area like Chania can be sold for around 2,000 euros per square meter, while an apartment in a rural area can be bought for around 1,500 euros per square meter.

There is also an increasing demand for luxury properties in Crete, particularly in the popular seaside holiday regions. These properties are often furnished to a high standard and offer luxurious amenities such as pools and sea views.

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An important factor when buying a property in Crete is the location. Properties in popular tourist areas tend to have higher demand and are therefore more expensive than properties in less touristy areas. It's important to note, however, that properties in less touristy areas often offer more peace and privacy, and are usually less expensive.

Overall, the real estate market in Crete is very active and offers a variety of options for buyers. Whether you are looking for a holiday property or a permanent home on the island, Crete has a lot to offer. However, it is important to research carefully and compare the different options to find the best deal. We at Home@crete are happy to help you with this. Share your wishes with us with us and we will search for your dream house on Crete for you!