Properties for Sale in Akrotiri, Notio Aigaio, Greece

Real estate in Akrotiri

The Notio Aigaio region in Greece is a popular destination for overseas property buyers and investors, and Akrotiri should be one of your top considerations if you're hunting for that perfect house or vacation apartment. Located on the southern side of the enchanting island of Santorini, this picturesque village is renowned for its stunning sunsets, pristine beaches and traditional Greek architecture. Akrotiri is often referred to as the “Red Village” owing to the vibrant hue of its soil and rock formations. This area blends tradition with an exotic charm, making it an ideal destination for real estate investment. Before contacting an area real estate agent, it's essential to understand the local market dynamics, the types of properties available for sale in Akrotiri, and the average cost of purchasing a holiday home in this captivating location. Akrotiri offers a wide range of real estate options, from quaint villas overlooking the Aegean Sea to sprawling estates nestled in the island's heart. Property prices vary significantly based on factors such as property size, location, and the views on offer, making it important to assess your budget and preferences. Investing in a property in Akrotiri not only offers you a taste of the serene Mediterranean lifestyle but also serves as a valuable investment due to the region's strong tourism sector.

Akrotiri properties: Market trends overview

The property market in Akrotiri, Notio Aigaio, Greece, has seen consistent value appreciation in recent years, making it a hotspot for foreign investors and house hunters, particularly those hailing from countries like the UK, Germany, USA and Scandinavia. Its incredible location, right on the edge of the Aegean Sea, makes it possible for one to enjoy a relaxed lifestyle while also indulging in energizing vacation activities. The region is brimming with entertainment and sport venues, and it's well-connected to the bustling, lively Santorini. Akrotiri boasts an exciting mix of coastal charm, abundant cultural history, and a high standard of living. Over the past few years, local authorities have increased investment in the region's development, leading to a diverse range of property options available to both local and international buyers. This includes stylish and efficient apartments, modern villas, traditional Greek houses, and luxury penthouses. Thanks to the wide range of property options available, it's quite easy to find a property for sale in Akrotiri, Greece, that suits any budget and lifestyle requirement. This, combined with the region's stunning “blue and white” aesthetics, makes Akrotiri particularly inviting for property buyers from overseas.

Average price of a property for sale in Akrotiri

What might you need to budget for a property in Akrotiri, Notio Aigaio, Greece? The figure is not absolute due to various contributing factors including the type of property, its proximity to historical sites and the beach, the available amenities, and individual preferences such as opulent features, size, ease of access, and others. Recent data reveals that the highest listed price for a property in Akrotiri was €2,450 per square meter. The priciest properties are usually found in the Akrotiri Thera area. However, the most cost-effective options, with an average price per square meter of €1,900, are generally found in the Monolithos area. At the moment, the average listing price for a house in this region is approximately €550,000.

Types of properties can you find in Akrotiri

Akrotiri, Notio Aigaio, Greece, provides a vast array of property options, which includes condos, grand rooftop apartments, luxurious beachfront mansions, and classic Greek houses. The most desirable property for sale is typically found within a secured residential compound. For instance, you may stumble upon 3-4 bedroom condos adorned with expansive terraces, or dual-story residences. Each of these stories boasts its own personal entrance, large terraces, and a fully-equipped kitchen. You may also consider a newly built mansion situated in a prime location in Akrotiri, Greece, offering panoramic views of the Aegean Sea, conveniently located within a short stroll to the beach making it the perfect place to call home. The variety of real estate in Akrotiri caters to a wide spectrum of preferences, whether you are seeking a peaceful retreat or a vibrant community.