In an upward spiral is the purchase of luxury homes
The increase in demand mainly from foreigners for luxury and branded residences (where integrated hosting, facility management, etc.) are providing impetus to the luxury property market. Recently, it has also been sold villa of 960 sq.m., built in 2018, against 10 million euro area Corfu island. "The natural environment and climate combined with Greece's progressively sustainable development trajectory are creating a growing demand for luxurious holiday homes," Savvas Savvaidis, its chairman and chief executive, told The H. Greece Sotheby's International Realty.
In addition to traditional players in the domestic real estate market such as Sotheby's Greece and Christie's International Real Estate – Ploumi Sotiropoulos, in recent years have opened their presence in our country multinational groups, such as French Barnes and h Engel & Völkers, which has established a Metropolitan Center in Athens. At the same time, the number of homes targeted at Ultra highnet-worth individuals is increasing.
The 13 planned luxury residences, which will be an independent part of the Vouliagmeni hotel resort run by the Four Seasons hotel group, and the 12 villas to be built on a portion of Scorpio Island will only target extremely high-income people.
Corresponding purchasing public have 17 luxurious villas with an area of 400-450 sq.m. and price from 2 to 11 million. euro each, developed by Russian company Mirum Hellas in Elounda, Crete, led by Russian businessman Vitaly Borisov. It is noted that these houses are part of the tourist holiday village planned in the area.