Are property prices falling in Crete?

Are property prices falling in Crete?

In Crete real estate, the downward trend continued until 2019. The index value decreased 40% from 9,677 to 5,645 between 2011 and 2019. It only bounced back by 1.3% in 2020. Current prices are still practically at their lowest levels since 2011.

Can foreigners buy property in Crete?

Anyone can purchase property in here in Crete! Anyone can purchase property in Greece there are no longer any restrictions for non-EU citizens. And the purchase procedure is quite straightforward and streamlined, something you might not expect in Greece!

How much is property tax in Crete?

Tax for civil properties is a) 9% for the first 15.000 euros and b) 11% for the rest of the amount. Then 3% of this total tax is added as municipal tax. Tax for agricultural properties is a) 7% for the first 15.000 euros and b) 9% for the rest of the amount. Then 3% of this total tax is added as municipal tax.

Is it a good time to buy property in Crete?

Some people wish to make Crete their new home, others are looking for a holiday house and some are seeking property as an investment. Whatever your objectives, now is a very good time to purchase property in Crete. Prices have steadily increased over the last 5 years and the island still has plenty of space to grow.

Can you buy property online?

Yes, you can buy a home online – and in some circumstances, it makes a lot of sense. Let’s say you’re moving far away from your current residence. Buying a home online can allow you to find a new place to live without making lots of trips between your current and future towns.

Is there a real estate company in Crete?

Welcome to Crete Estate! Our company is based in Makrigialos and we specialize in property sales, construction and renovation, in the SE region of Crete. Our focus is to provide a reliable, trustworthy service, assisting customers from initial contact to the final contract… and beyond!

Is there property in Makrigialos south east Crete?

Property in the area of Makrigialos is available whether it be a permanent home or holiday accommodation, there is something for everyone.

Is there a house in arhanes in Crete?

The owners have started renovating this amazing house in Arhanes, one of the most upmarket villages in Crete. Personal reasons lead them to sell this outstanding property. An amazing opportunity for a business or a private house in an area where the demand for houses is huge. Plans and quotation for completion are available upon request.

Where is the fishing village in South Crete?

This special, remote fishing village is found at the base of the Asterousia Mountains after a steep, winding drive down the dramatic, treeless hills.