Unexpected facts about real estate in Greece

January 19, 2022
Unexpected facts about real estate in Greece
Greek real estate is very popular among foreign investors. The country attracts buyers with its mild climate, developed infrastructure, affordable food prices and more.

Greek real estate is very popular among foreign investors. The country attracts buyers with its mild climate, developed infrastructure, affordable food prices and more. But even more buyers may be attracted by interesting facts about local real estate.

Interesting facts about Greece

Why are houses painted blue and white in some regions? There are a few guesses here. One is the embodiment of the colors of the national flag. But, according to legend, these colors were chosen in order to scare away spirits.

It is worth noting the following facts:

  • On the island of Santorini, locals set up their homes in caves to protect it from the possible consequences of a volcanic eruption. Because of this, living space is often not enough even for indigenous people.
  • Greek high-rise buildings are often heated even in summer. Such a measure is necessary to eliminate moisture.
  • The most expensive apartments in Greek houses are usually located on the "high" floors. Historically, it was customary for wealthy locals to choose the upper tiers, so you can often see apartments with a large area, panoramic windows and other privileges there.

Another feature is that in Greece, housing is often sold furnished, but only empty housing can be rented.

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Alexandra Meyer
Personal assistant
Alexandra Meyer
Personal assistant