A. BRADLEY NELSON
Chief Marketing Officer Sotheby's International Realty
AVIEWFROM GREECE 2021has exceeded all expectations in the global luxury property market.
RECENTMARKETMOVERS
In Greece, the real estate market has continued to register an unprecedented increase of interest for luxury homes. Our Sales Associates have recorded for 2021 demand levels of ?4,2 billion, twice as last years?record numbers.
With continuous investments in public infrastructure, renovated airports, ultra fast 5G internet and state of the art new marinas, Greece is one of the most popular destinations for Ultra High Net Worth Individuals in the Mediterranean.
With significant sales in Paxos, Crete, Paros and Lefkada our firm now holds 18 national all time sales records in nearly all the real estate locations in the country. 2021saw historic transactions up to ?16,700 per m2 in waterfront homes, as well as three record deals in developers condominiums in Athens Riviera. Americans, British, French, Swiss and Germans still lead demand for the 2022 sales season and we are now seeing Greek expats returning to the luxury market.
SAVVAS SAVVAIDIS
Corfu and Mykonos are the most sought after locations while Athens Riviera elegantly combines the perks of a cosmopolitan capital with the ambiance of a seaside destination. Demand for intriguing islands like Folegandros or Ithaca and Syros is emerging, where sustainability is in focus and privacy is the name of the game. Peloponnese, featuring landscapes of unparalleled beauty, is expected to become the next big thing. Significant investments are being registered in 5* Luxury Resorts, new high quality golf courses and wellness services in that part of the country?s mainland. As sales and demand are evidently on the rise, inventory scarcity remains the top challenge for the luxury real estate market in Greece.
?4,7billion
Demand levels of 2021 as recorded by Greece Sotheby's International Realty Sales Associates
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{FEATURED PROPERTY IMAGE PHOTO CREDIT}
President & CEO Greece Sotheby's International Realty
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MEDITERRANEAN BLOSSOM
Skiathos Sporades, Thessaly ? 8,50 0,0 0 0 An outstanding 7 bedroom property, surrounded by scented trees and lush greenery. Mediterranean Blossom sits handsomely above the magnificent Skiathian coastline overlooking a private beach.