Tag: buying property in Greece

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Golden opportunities for buyers of property in Crete with the new Kastelli Airport

property in crete

Property in Crete is becoming even more accessible with the new Kastelli Airport. Trial operations start in 2026, with full opening in early 2027, making travel smoother for buyers and investors. For anyone looking to relocate, invest in property, or purchase a second home in Crete, the new airport opens up exciting opportunities. Furthermore, with the capacity to handle over 15 million passengers annually in its early years and eventually more than 18 million travellers per year, Crete will be more accessible than ever.

To discover how this can make owning property in Crete easier, contact Stephen Parsons on +44 (0)7740 735 144 or email info@myelysium.co.uk.

Easier international connections for buyers of Crete property

Crete already benefits from two international airports, Heraklion and Chania, both of which offer direct flights from the UK and across Europe. Moreover, the addition of Kastelli will further strengthen these links and position Crete as only the second destination in Greece, after Athens, to welcome direct flights from long-haul markets such as the USA, Canada, India, and China.

For buyers and second homeowners, this means:

  • Year-round accessibility, making travel from almost anywhere in the world smoother
  • Stronger rental potential, as easier access increases appeal for those letting their homes
  • Lifestyle flexibility, making relocation or part-time living in Crete far more practical.

Contact us today to discuss how these improvements can enhance your property plans in Crete.

Golden Visa opportunities in Crete

One of the biggest benefits of buying property in Greece is the Greek Golden Visa programme. With a qualifying property purchase, non-EU buyers can secure EU residency rights for themselves and their family, making travel across the Schengen Zone simple and stress free.

In Crete, a wide range of properties could make you eligible for the Golden Visa,, from modern apartments to luxury villas. With the new Kastelli Airport making the island even more accessible, this is a great time to explore the option.

At MyElysium, we are here to guide you through the whole journey, from choosing the right home to completing your Golden Visa application. If you would like to learn more, contact Stephen Parsons on +44 (0)7740 735 144 or email info@myelysium.co.uk.

Areas of interest for property in Crete

Crete offers something for every lifestyle, from exclusive luxury resorts to charming traditional villages. With the new airport, travel to the island is easier than ever, increasing opportunities for buyers and investors.

Elounda Hills luxury villas and branded residences for buyers

Elounda Hills is a luxury eco-resort under construction in Elounda, Crete. The 735-acre development includes branded residences, a five-star hotel managed by 1 Hotels, a marina, and world-class amenities with panoramic views of the Aegean Sea and Mirabello Bay.

Residences
Terrace Villas, Hilltop Apartments, and Mirabello Villas blend traditional Cretan style with modern eco-conscious design. Buyers may be eligible for Greece’s Golden Visa programme.

Amenities
The resort features a private marina, spa and wellness village, restaurants and bars, sandy beaches, and beach clubs. In addition, it offers leisure facilities including an amphitheatre, botanical gardens, and watersports.

Sustainability and timeline
The development uses underground infrastructure, locally sourced materials, renewable energy, and smart water management. Key milestones include 2027 when the marina becomes operational, 2028 for the completion of the hotel and first residences, and 2030 and beyond for further expansion.

As UK agents for Elounda Hills, MyElysium can help you every step of the way, from arranging in-country visits and property viewings to supporting you throughout the buying process. Elounda Hills is just a 20-minute drive from the new Kastelli Airport, making it even easier to reach. To explore available properties, contact Stephen Parsons on +44 (0)7740 735 144 or info@myelysium.co.uk.

Charming towns and villages for second homes in Crete

For buyers seeking character and a more traditional lifestyle, Crete’s quaint towns offer unique opportunities:

Rethymno
Famous for Venetian architecture, long sandy beaches, and historic charm. Traditional stone houses in nearby villages offer a serene setting while remaining close to the coast.

Chania
Combines a cosmopolitan Old Town with a Venetian harbour, excellent dining, and beautiful beaches. Strong rental demand makes it ideal for second homes.

Agios Nikolaos
A picturesque harbour town with a mix of contemporary apartments and traditional homes. Its relaxed atmosphere and modern amenities appeal to both permanent and seasonal residents.

With easier access from Kastelli Airport, travel to and from these areas is simpler than ever. Contact us on +44 (0)7740 735 144 or email info@myelysium.co.uk today to discover the perfect property for your lifestyle and investment goals.

Why Crete property is attractive for buyers and investors

Crete is already an attractive choice for second homes, relocation, and property investment. Kastelli Airport will make the island even more accessible, complementing the Greek Golden Visa programme. Buyers can enjoy lifestyle benefits and EU residency security. Contact Stephen Parsons on +44 (0)7740 735 144 or email info@myelysium.co.uk to learn how these advantages can help you make the most of your property purchase.

Living in Crete as a second-home owner

Crete is renowned for its culture, natural landscapes, and relaxed pace of life. In addition, with enhanced international access, stronger infrastructure, and a thriving property market, it is becoming even more attractive for those seeking:

  • A second home abroad to enjoy throughout the year
  • A relocation opportunity supported by modern infrastructure
  • A long-term investment in a well-connected part of Greece.

Ready to find your dream home in Crete?

At MyElysium, we specialise in carefully selected property across Cyprus, mainland Greece, and the Greek Islands. Furthermore, whether you are searching for a modern apartment, a luxury villa in Elounda, or a traditional stone home in Chania, our team is here to guide you through the process, including access to the Greek Golden Visa programme.

Contact Stephen Parsons on +44 (0)7740 735 144 or email info@myelysium.co.uk to explore opportunities and start your journey towards owning a beautiful home overseas.

Thank you for reading our blog on Golden opportunities ahead as Crete’s new Kastelli Airport takes off. Would you like to find out more about moving to Cyprus, Greece, or the Greek Islands? Read our recent blog here Are you looking for a second home in Cyprus, Greece or the Greek Islands?

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Are you looking for a second home in Cyprus, Greece or the Greek Islands?

Are you dreaming of owning a second home in Cyprus, Greece or the Greek Islands? Whether you’re looking for a peaceful retreat by the sea or a vibrant city apartment, these stunning locations offer a wealth of opportunities. We understand that searching for the perfect property can be overwhelming, but we’re here to make the process as smooth and stress-free as possible.

Why choose Cyprus, Greece, or the Greek Islands for your second home?

Cyprus, Greece and the Greek Islands are some of the most sought-after destinations for buying a second home. With their rich history, breathtaking landscapes, and vibrant cultures, these regions offer a unique blend of beauty and lifestyle. Whether you’re captivated by the stunning beaches of Cyprus, the ancient ruins of Greece, or the charming villages of the Greek Islands, owning a property in any of these locations means living in paradise.

Our comprehensive services to find your ideal second home

At MyElysium, we specialise in helping clients find their perfect second home in Cyprus, Greece or the Greek Islands. We offer a wide range of services designed to meet your specific needs and ensure a seamless property search.

Location selection and Property search

Choosing the right location is crucial when buying a second home. Our team of experts will guide you in selecting the perfect spot that matches your lifestyle and preferences. Whether you desire a seaside villa in Cyprus, a traditional stone house in the Greek Islands, or a modern apartment in Athens, we’ll help you find the best properties available.

Legal and Financial assistance

Navigating the legal and financial aspects of buying a property in another country can be challenging. We provide comprehensive support with all the legal documentation, tax implications, and financial transactions involved in purchasing a second home in Cyprus, Greece or the Greek Islands. Our goal is to ensure that every detail is handled with precision, giving you peace of mind throughout the process.

Personalised service tailored to your needs

We understand that every client has unique needs and preferences when it comes to finding a second home. That’s why we take the time to get to know you personally, so we can offer customised advice and recommendations. Whether you’re looking for a quiet retreat, an investment opportunity, or a family vacation home, we tailor our services to meet your specific requirements.

Why choose MyElysium for your second home search?

At MyElysium, we pride ourselves on delivering an exceptional level of service. Our experienced team is dedicated to helping you find the perfect second home in Cyprus, Greece or the Greek Islands. We believe in building long-lasting relationships with our clients, ensuring that you are completely satisfied with your new property. From the initial consultation to the final purchase, we’re with you every step of the way.

Start your journey to owning a second home today

If you’re ready to find your dream second home in Cyprus, Greece, or the Greek Islands, look no further than MyElysium. Our expert team is here to assist you with every aspect of the property search and acquisition process.

Contact us today to learn more about how we can help you find the perfect second home in these beautiful and culturally rich regions. Let us make your dream of owning a second home in paradise a reality!

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NEWS: Positive Trends in Greece and Cyprus Property Markets Continue to Attract Investors

NEWS: Positive Trends in Greece and Cyprus Property Markets Continue to Attract Investors

Despite economic challenges across Europe, including rising inflation and interest rates, the property markets in Greece and Cyprus are showing resilience, making them attractive destinations for both local and international investors.

Find Your Ideal Second Home in Cyprus, Greece, or the Greek Islands

If you’re looking to find your ideal second home in Cyprus, Greece, or the Greek Islands, you’ve come to the right place. Our dedicated team is ready to guide you through every step of the property search and acquisition journey. Contact us today on +44 7740 735144 or stephen@myelysium.co.uk to discover how we can help you secure the perfect second home in these stunning Mediterranean destinations. Our team is here to make your dream a reality, offering expert guidance and personalised support throughout the entire process.

Why Invest in Greece and Cyprus Real Estate in 2024?

The housing markets in both countries are driven by a combination of strong foreign investment and steady local demand. Particularly in Cyprus, the real estate market continues to thrive, with the first quarter of 2024 reflecting robust growth. According to recent data, the Central Bank of Cyprus reported a 7.8% annual increase in house prices during this period, slightly lower than the 8.3% growth seen in the previous quarter. Notably, apartment prices surged by 13.9%, underscoring the high demand in this segment.

The Growth of Luxury Properties in Cyprus

Luxury properties remain a significant contributor to Cyprus’s real estate market, with total sales reaching €2 billion. This momentum has carried into 2024, indicating sustained interest, especially from foreign buyers. In 2023 alone, 6,900 properties in Cyprus were purchased by international buyers, marking a 16% increase from the previous year.

Rising Demand for Class A Office Space in Cyprus

In the commercial sector, demand for Class A office space in Cyprus has reached its highest level in five years, recovering strongly from the pandemic downturn. Despite an increase in supply, office rental prices remain high, particularly in key areas like Limassol, Larnaca, and Nicosia, driven by consistent demand and evolving market standards.

Understanding the Booming Real Estate Market in Greece

In Greece, the real estate market is similarly robust. The Bank of Greece reported that the average house price in Athens’ southern suburbs hit €3,750 per square metre in Q1 2024, making it the highest nationwide. Piraeus led with a remarkable 28.9% annual increase in house prices. On a national scale, apartment prices grew by 10.4%, with significant gains across various regions, including Athens, Thessaloniki, and other urban areas.

Explore Investment Opportunities in Greece and Cyprus Real Estate

For those considering investments in Greece or Cyprus, the positive outlook in these markets offers promising opportunities. As the European Central Bank potentially lowers interest rates, the anticipated increase in local buyer activity, combined with an expanding supply of residential properties, is expected to balance the market, making it an ideal time for prospective buyers to explore options in these thriving Mediterranean regions.

How MyElysium Can Help You Find Your Dream Second Home in the Mediterranean

At MyElysium, we pride ourselves on delivering an exceptional level of service. Our experienced team is dedicated to helping you find the perfect second home in Cyprus, Greece, or the Greek Islands. We believe in building long-lasting relationships with our clients, ensuring that you are completely satisfied with your new property. From the initial consultation to the final purchase, we’re with you every step of the way.

Contact Us to Start Your Journey to Owning a Second Home

If you’re ready to find your dream second home in Cyprus, Greece, or the Greek Islands, look no further. Our expert team is here to assist you with every aspect of the property search and acquisition process.

Contact us today to learn more about how we can help you find the perfect second home in these beautiful and culturally rich regions. Let us make your dream of owning a second home in paradise a reality!