Top places for a summer house: where the demand is high - Economic Postman - ot.gr.

Research and analytics show that Greece is a center for attracting European capital to buy country houses. In particular, Elxis, a Dutch-based Greek company specializing in the sale of country houses in Greece, estimates that the Greek country house market is turning into "El Dorado" for up to three million aspirational European buyers.

Paradoxically, rising interest rates have had a positive impact on the growth in demand for real estate in recent months. This is due to the lower real estate sale prices in Greece compared to other markets in Europe. Foreigners can avoid a mortgage loan in their home country and get a country house in Greece by choosing to finance the purchase with their own funds, from savings or other sources.

More specifically, the Greek country house market is of interest to European investors, as the relatively low price makes it possible to buy a house near the sea or overlooking the sea with a swimming pool and all amenities. It is estimated that around three million Western European citizens are currently considering investing around €300,000-350,000 in countryside real estate in Greece for exploitation and their own use.

The most sought-after regions for Greek and foreign buyers are the Greek Islands, as well as the Athens Riviera.

The variety of real estate opportunities in Greece is attracting an increasing number of potential buyers from Western and Northern Europe, especially from Germany, the Netherlands, Belgium, France, the UK, Austria and Switzerland.

The Greek real estate market has the potential to increase the value of properties, as well as to generate income from their operation and personal use, given the gradual recovery and rising prices.

Infrastructure projects related to the development of the tourism industry are playing a major role in increasing demand for international country houses on the Athens Riviera.

Investment, both by the government and private individuals, in the development of important infrastructure facilities such as ports, highways and airports is crucial for the development of the real estate market in the area and tourism in general. These investments are also stimulating the construction, digital and other sectors of the economy, creating a new round of development.