Kefalonia is the largest of the 6 main islands of the Ionian Islands.
Kefalonia is green and peaceful, has beautiful towns and villages with small luxury houses and tourists are attracted to the islands for their beautiful beaches and beautiful mountains. The whitewashed villages are combined with stunning beaches that host turtles, surrounded by the clear Ionian Sea. In addition, there is the lure of archeological sites that trace the history of life on the islands from 1200 BC.
With the famous beach of Myrtos, Kefalonia must be one of the best Greek islands to buy or build a luxury property to use as a holiday home, main residence or as an investment, so as to create an extra serious income, by renting your property during the summer months as a holiday home, to tourists who want to enjoy a magical vacation on one of the wonderful Greek islands, like Kefalonia.
“There is no national standard or national definition of what luxury means,” experts say. It is usually defined as the top 5 percent of homes in each market.
Kefalonia luxury properties: main characteristics
When talking about luxury properties, we normally mean a property that has the following main characteristics:
The property should be large enough, with at least three bedrooms and an equal number of bathrooms, fireplace, large terraces, large and manicured garden with pergolas, outdoor living room, etc., to have a swimming pool, the sea view is definitely invaluable, to have various facilities that make the stay more enjoyable such as barbecue, tennis court etc. A guest house in addition to the main residence is also something that adds value to the property. Furthermore, the construction should look great even to the eyes of an unfamiliar person.
As in most markets around the world, in Kefalonia the sales of houses and luxury homes stopped during the first months of the pandemic. Then, in May and June 2020, the race to acquire a home and a luxury home began, and the pace has not slowed down, as sales and sales price numbers, continue to reach historically high levels.
In Kefalonia there is a plethora of luxury properties for all tastes and all budgets where even the most demanding buyer will surely find what suits him/her
Experts look forward to seeing the final results of 2021 and what lies ahead for 2022. “Early indicators continue to show market strength, with sellers looking for a window of opportunity to get the most value from their homes and buyers are willing to enter a market where they see a strong appreciation of value. ”
The prospects for the coming years are very encouraging. The relevant studies show that there will be intense interest from Europe for Greece. Greece, together with the rest of the countries of the European South, will receive more and more Northern Europeans. It is certain that Northern Europeans will want to acquire a property either for permanent stay (retirees), holidays or for generating additional income. This fact, of course, is expected to push up property prices. So it would be good to look carefully at the existing offers in villas and luxury properties.
Another carrot for investing in Greece is its residency by investment program, one of the most accessible so-called Golden visas in Europe. The scheme enables investors from non-EU countries to gain Greek residency through purchasing property with a minimum value of €250,000. The application process should take no more than two months, after which the residence permit lasts for five years. Holders of Greek residency benefit not only from the right to live and work in Greece, which extends to family members, but also visa-free travel within the Schengen Zone, which includes most of the EU.
The good weather, the endless sunshine, the mild all-year-round climate, the excellent cuisine and the friendly people, are a great lure that will make many people, change their lives entirely.