Looking for island properties in Greece? Check out Kefalonia, the largest of the 6 main islands of the Ionian Islands.
Kefalonia is green and peaceful, has beautiful towns and villages with small beautiful houses, and tourists are attracted to the island for its beautiful beaches and beautiful mountains. The whitewashed villages are combined with stunning beaches that host Caretta-Caretta turtles, surrounded by the crystal clear Ionian Sea. In addition, there is the lure of archeological sites that trace the history of life on the island from 1200 BC.
With the famous beach of Myrtos, Kefalonia must be one of the best Greek islands to:
- Buy or build your dream home, to use it as a holiday home, main residence but also as an investment, that is to create an additional lucrative 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 or to
- Buy a plot of land or a parcel, either to build your house or your holiday home which can be used as a property for rent in the summer months, or as a short-term/long-term investment.
As in most markets around the world, home sales in Kefalonia stopped in the first months of the pandemic. Then, in May and June 2020, the struggle for housing began and the pace has not slowed down, as sales activity and sales price numbers continue to reach historically high levels.
In Kefalonia, there is a plethora of properties for all tastes and budgets, where even the most demanding buyer will surely find what suits him/her.
So what are you waiting for? Come to Kefalonia and share the charm of nature with the aroma of the sea, wildflowers and songbirds. Find many property options and let your vision and perspective be shaped through the wonderful nature of the island.
Find buildable plots in Kefalonia, near wonderful beaches, enjoy the safety and quiet of secluded places, while you have the option to enjoy the liveliness of the island all year round, find activities for all ages, restaurants and taverns with local specialties, modern cafes, boutiques, bakeries, spas, gyms, galleries, etc.
Throughout Kefalonia, there are wonderful places to build a house and enjoy all that is the magical Kefalonian Lifestyle. Kefalonia is really what life should be like.
In Kefalonia one can buy either a plot within city’s/village boundaries, that has a lot of buildability or one can also buy a parcel, that is land that is outside of the city’s/village boundaries. In a parcel, the standard is that someone can build 200 square meters on a 4,000 square meter land. However, there are many parcels that are less than 4,000 square meters, where one can build as many square meters as the urban planning laws dictate. There are also plots or parcels with ready and valid building permits for building houses over 100 square meters.
In the last 12 months we did a detailed inquiry and so we now have for sale in our portfolio large plots, ideal for the construction of private houses or villas, even for 5 star hotels, tourist units, etc. You can also find in our portfolio, plots of land that have valid building permits.
We, at Enos Properties, will thoroughly inform the potential buyers/investors of land about all the parameters that govern the local market, so that with the appropriate tools, each buyer/investor can make wise decisions about his/her plans.
We will also show potential land buyers all the available properties for sale that we have in our portfolio, that meet their criteria, or we will help them find an ideal buildable plot so that they can realize their vision.
Investment properties in Kefalonia
Kefalonia is a steadily growing tourist market, has great potential for tourism development, and is one of the largest islands in Greece with incredible natural beauty, that tourism has not changed in the slightest the character of the island. It is also worth noting that the new airport of Kefalonia by the Fraport-Slentel consortium has been completed and the expansion of the airport is planned with the construction of a shopping center, in order to create an intense commercial activity with new shops, restaurants, shops, etc.
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 the opportunity window to get the most value from their homes, and buyers be 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 other countries of the European South, will receive more and more Northern Europeans. It is certain that Northern Europeans (working people/digital nomads, retirees etc) will want to acquire a property, either for permanent stay or for holidays. This fact, of course, is expected to push up property prices. So it would be good to look carefully at the existing accents on real estate.
Another motivation for acquiring real estate in Kefalonia, is that by buying a house in Greece, a non-European can obtain one of the most affordable so-called Golden Visas in Europe. The plan enables investors from non-EU countries to acquire Greek residence through the purchase of real estate with a minimum value of 250,000 euros. The application process should not take more than two months, after which the residence permit lasts for five years. Holders of Greek residency, benefit not only from the right to reside and work in Greece, which extends to family members but also from visa-free travel within the Schengen Area, which covers most of the EU.
The good weather, the endless sunshine, the mild climate, the excellent cuisine and the friendly locals, are a great lure that will make many people to change their lives.