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Greece real estate for sale: German buyers discover their paradise.

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Germany's New Dream Destination: Real Estate Boom on the Greek Horizon – BILD Reveals the Details.

The sun of Greece shines brighter than ever for German property buyers. A recent report by BILD newspaper paints a fascinating picture of a growing trend: more and more Germans are realizing their dream of owning a home in the land of gods and myths. But what exactly makes Greek real estate so attractive? And which regions are particularly in focus? We summarize the most exciting findings of the article for you and provide an exclusive insight into this dynamic market.

Why More and More Germans Are Buying Property in Greece

Greece is increasingly becoming an insider tip for German property buyers – and not just because of the sun, sea, and souvlaki. The demand for houses in Athens, the Peloponnese, and along the Greek coastal regions has practically exploded in recent years. Platforms like Ferimmo.de, which specialize in the Greek real estate market and offer German prospective buyers easy access to attractive listings, are particularly benefiting.

German Buyers Rediscover Greece

What used to primarily symbolize the dream of island getaways and summer vacations is now a concrete goal for home buying: Greece is developing into the new Caribbean for Germans. Instead of just relaxing, many – especially people nearing retirement – are investing long-term. They want to live where others go on holiday.

According to Marios Christodoulou, Managing Director of the Berlin-based, German-language real estate platform Ferimmo.de, the portal is experiencing an enormous increase in demand: "Compared to 2023, we have seen an increase in property searches in Greece of at least 70 percent." This is a clear sign that Greece is becoming increasingly attractive not only as a holiday destination but also as a permanent place to live.

This trend is no coincidence. After years of crises and in the face of an uncertain future in Germany, many are looking for a safe and beautiful haven for their savings and retirement. Greece attracts with an irresistible mix of a Mediterranean climate, breathtaking landscapes, delicious cuisine, and – compared to other European countries – often still affordable property prices.

The Reasons for the Boom

But why are Germans flocking to Greece in droves?

• Attractive Property Prices: Houses near the sea with a garden and sea views are often available from as little as €150,000 to €250,000.

• Low Cost of Living: Food, services, and everyday expenses are often significantly cheaper in Greece than in Germany.
• Tax Advantages for Pensioners: Those who live in Greece for more than six months a year can have their pension income taxed at only 7 percent.
• Climate and Quality of Life: Over 300 days of sunshine a year, mild winters, and a relaxed way of life attract especially the 50+ generation.

All of this makes the move south extremely attractive for many Germans – especially when it is made as uncomplicated as with Ferimmo.

Ferimmo – The Bridge Between Germany and Greece

Ferimmo offers German prospective buyers a clear and professional platform to find properties throughout Greece – with a focus on transparency, service, and security. The advantage: the platform is fully tailored to German-speaking buyers and combines technological expertise with in-depth market knowledge.

Marios Christodoulou explains: "We advise potential buyers to plan one or more viewing trips and to work with an independent lawyer. A thorough inspection of the property is also crucial."

More Than Just Island Dreams: The Greek Mainland in Focus

German buyers' interest is no longer limited to the picturesque Greek islands. The mainland is increasingly coming into focus. Regions such as northern Attica, the surrounding area of Athens, and the Peloponnese with its three "fingers" in the south are enjoying growing popularity.

"While many Germans go on holiday to the islands, they are increasingly buying on the mainland." A decisive advantage: the connection through year-round flight connections is significantly better here, reducing the need for ferry connections or domestic flights. In addition, prices on the mainland are often even more attractive than on the highly frequented tourist islands.

Would you like an example? Just 30 minutes from Athens, in the region around Skala Oropou, you can find charming houses with sea views, such as the property mentioned at the beginning with 150 square meters of living space and 600 square meters of land. Fully furnished, it is offered for around €240,000 – with potential for negotiation included, as is common in Greece.

Property Prices and Additional Purchase Costs

Purchase prices vary depending on the region, but many of the properties offered are fully furnished and ready to move into immediately. For a house with sea views, a garden, and modern furnishings, buyers should budget around €200,000 to €250,000 – significantly less than comparable properties in Italy, France, or Spain.

The additional costs for buying property in Greece, according to Marios Christodoulou of Ferimmo.de, amount to around 7 to 8.5 percent of the purchase price:

• Notary fees: 0.65 to 0.7%
• Estate agent commission: approx. 2%
• Lawyer fees: 0.5 to 1%
• Property transfer tax: only 3.09%
• Land registry entry: 0.5 to 0.8%

A comparatively favorable overall package that makes the Greek real estate market very attractive for many German buyers.

Greece is More Than Just a Travel Destination

The growing demand from German buyers shows that Greece is becoming a permanent choice of residence for more and more people from Germany. The country convinces with low living costs, tax advantages, and a high quality of life.

Platforms like Ferimmo.de play a central role in this. They offer German buyers guidance, security, and one-stop service. With its clear focus on transparency and German-language support, Ferimmo.de clearly stands out from the competition – and contributes significantly to making the dream of a house in Greece a reality for many.

Tip for those searching:

If you are considering buying a property in Greece, you should take a look at Ferimmo.de – there you will find daily updated listings, valuable advice, and a comprehensive network of experts for a worry-free house purchase in the Aegean.

 

Read also the original article in the BILD 👉here