Original Research: What is the Perfect Home in Greece?

What does the perfect home in Greece look like? We asked 600+ home seekers the ideal features of a home in Greece, and this is what they responded. The results come from a survey available on Elxis's website and newsletter, so you won't find these insights anywhere else on the internet.

Is There Really a "Perfect" Home in Greece?

The "perfect home" depends on who you ask. For you, the criteria of a perfect home might be different than the average home seeker. Knowing the most sought-after features may help inspire you in your own home search. If you are planning to sell or rent out your home in the future, you might also learn which homes are the best investment.

Who Responded to the Survey? 

The survey responses are primarily from the Dutch, Germans, Belgians, Americans, British, and other Europeans.

Which Regions are the Best Place to Buy a Home in Greece?

According to the data, Crete and the Ionian Islands are the most popular places to buy a home in Greece. Next up, the Aegean Islands and the Peloponnese were the next most popular. Among other popular islands for buyers of a second home in Greece are Lefkada, Corfu, Rhodes, and Samos.

What is the Most Common Reason to Buy a Home in Greece?

The largest percentage of buyers (50%) of Greek homes buy for the holidays. In other words, the home in Greece will be a second home, and they will spend most of their time in their home country. 28%  buy a home in Greece as a primary residence. Finally, 16% of buyers think it is most important to gain from the investment. 

What Kind of Home is the Most Popular in Greece?

Villas and homes in Greece are more popular than apartments or maisonettes. This may be a result of the offerings on Elxis’s website, which are mainly villas and standalone homes. To read more about the different types of homes in Greece and how to choose which one is right for you, see our full article here. 

What Features are the Most Important for a Home in Greece?

Among the amenities listed, terraces are the most important for home searchers in Greece, ranked higher than sea views, mountain views, pools, gardens, and outside kitchens. 54% of people surveyed said that having a terrace was “very important”, compared to 47% for the next category: sea views. People searching for a home in Greece felt that pools were also important, and they felt more neutral about the garden, garage, and storage.

 

Read more about the most important features to include in your property if you plan to rent out your home in Greece.

What is The Most Common Budget?

The most common budget when searching for a home in Greece is 250,000-400,000 euros. 38% of respondents gave this answer. In second place was the budget of 150,000-250,000 euros, which was the case for almost a quarter of all respondents. As you might imagine, the least common budget is 1 million euros and above.

What is The Ideal Distance From the Sea?

Everybody dreams about a beachfront home in Greece, but our data shows that people searching for a home in Greece start their search about 200 to 2000 meters from the sea. This may be because some homes in Greece with a sea view have a more impressive view if they are farther from the shore. 

It may also be because people searching for sea view homes in Greece know that beachfront homes will be more expensive, and start their search farther away for this reason.

What Would A Property Like This Look Like?

Yes, homes like this do exist in Greece. You can find a selection of homes in Crete that are 200-2000 meters from the beach, with a terrace, between 250,000 and 400,000 Euros. If you want to try one out yourself without buying a home, you can find many homes like this available for rent at Notos Estate Management.

Start Your Own Search

The results, of course, are representative of a wide range of home seekers in Greece. Your tastes may differ, and that's perfectly normal. It's important to find a home that represents who you are, and which matches your life goals.

 

If you're ready to start your own search for a home in Greece, we can help you decide on the region, amenities, construction type, and distance from the sea that are right for you. Contact us for a non-committal consultation.