Sale and purchase of real estate in Halkidiki, Greece Real estate in Halkidiki, Greece, is traditionally in high demand among foreign buyers and investors. There are enough reasons for this: a large selection of resorts, excellent beaches, pine forests, transport accessibility and relatively low prices, as well as the proximity to the northern capital of Greece - the city of Thessaloniki - make the peninsula attractive both in terms of summer holidays and permanent residence. Therefore, for the Halkidiki peninsula, the purchase of real estate by foreigners has long become commonplace.
The maintenance of any real estate in Halkidiki annually costs a certain amount, which fluctuates quite strongly depending on the type of real estate, the area, the year of construction, the features of the location and other factors. The main expenses include the annual property tax ENFIA, electricity and water supply, home and local area maintenance, Internet and telephone bills, and, in some cases, insurance and security costs of the property.
The Halkidiki peninsula is located in the northern part of Greece. It is dominated by a mild Mediterranean climate with a rather sharp temperature drop during the day and night. The summer season lasts from May to the end of September: during the day, the average temperature ranges from +23 ° C to +29 ° C, depending on the month. At the same time, at night, the thermometer can drop to 15-16 ° C. Some daredevils open the swimming season in April, but the water becomes really comfortable for swimming only towards the end of May.
One of the distinguishing features of the Halkidiki region in comparison with the islands is easy transport accessibility. Macedonia International Airport is less than an hour's drive away. You can order a transfer or rent a car at the exit from the airport. There is also a bus stop; route no. 79 goes to the KTEL Halkidikis bus station, from where buses take guests to the resorts of the peninsula. You can get from Thessaloniki to Halkidiki by car, taxi or regular buses, which run quite often in summer. Alternatively, you can simply use our concierge service so that we can take care of the transportation for you.
All conditions have been created for foreign citizens on the peninsula to purchase housing. Those who want to buy real estate, Halkidiki can offer a choice of three completely different "fingers" - Kassandra, Sithonia or Athos - each of which has its own advantages. Hospitable Kassandra will suit lovers of active entertainment, picturesque Sithonia seems to have been created for a family vacation in the bosom of nature, and majestic Athos with its unique monastic republic should be chosen by fans of solitude away from the bustle of the world. Amazing nature, a variety of beaches and villages, a large selection of resort real estate, the prospects for profitable rental of resort housing and obtaining a "golden" residence permit, as well as excellent infrastructure and ease of movement, making it possible to live all year round - these are just a few of the reasons why property buyers are so often stopped your choice is in Halkidiki.
The procedure for buying real estate by foreigners is not much different from purchasing it by Greek citizens. Before buying real estate, foreigners need to register an AFM (analogue of TIN) and open an account in their own name in a Greek bank. In addition, you will need to additionally provide some documents of the country of residence - for example, confirmation of registration at the place of residence and source of income. You can entrust the main part of work in Greece to Greece Invest specialists by issuing a power of attorney, after which the company's lawyer will deal with the transaction.
As already mentioned, Halkidiki is a very popular holiday destination for a variety of reasons, and therefore holiday rental properties are thriving here. Prices for apartments start from 50 euros per day, for houses - from 150 euros per day. But this is only in the summer season, which lasts from May to September. In the winter months, the peninsula becomes empty: only local residents live here permanently. Therefore, when buying real estate for subsequent lease, it is important to take into account that it will not be possible to rent it all year round.
The maintenance of any real estate in Halkidiki annually costs a certain amount, which fluctuates quite strongly depending on the type of real estate, the area, the year of construction, the features of the location and other factors. The main expenses include the annual property tax ENFIA, electricity and water supply, home and local area maintenance, Internet and telephone bills, and, in some cases, insurance and security costs of the property. You can read more about the associated costs of maintaining real estate in a separate article.