Santorini Property Market and Real Estate Guide

(Santorini, Cyclades, Greece)

Prospective buyers who have always wanted to own a holiday home on an idyllic Mediterranean island need look no farther than Santorini. With spectacular sunsets, signature whitewashed houses and a stunning coastline, this is the kind of place to which people dream of retiring.

Neighbourhoods vary across the island. To the west, the towns of Firo and Imerovigli enjoy views over the ancient caldera. The north offers the best infrastructure and greatest selection of resort property, while the east coast is much quieter and has an overarching village atmosphere. Akrotiri and other towns to the south are up-and-coming and still offer great value.

Greece has long been a favourite place to buy holiday and investment properties, and Santorini is an easy leader in this department. The fact that the outside world has taken such a strong interest in Santorini indicates that international infrastructure and English language ability is well developed.

Renting Serviced Apartments

The best selection of serviced apartments on Santorini is found along the north coast. They are easy to come by, and stiff competition keeps prices reasonable during the off season. At any time of year, a serviced apartment will be a better value than a comparably priced hotel, as long as you are staying for more than a few days.

Serviced apartments on Santorini come fully furnished. Many are ocean-facing villas with access to shared facilities that may include a swimming pool and semi-private beach access. They can be secured directly through resorts or with the assistance of a local realtor.

Buying Apartments and Houses

This has been a popular place for investors to buy property for some time, and the overall market tends to hold steady even when the rest of Greece is experiencing financial difficulties.

Foreign buyers are relegated to two tiers. Citizens of EU member nations are free to buy and sell property at will, and no special requirements have to be met. Foreigners from outside the EU can also buy on Santorini, although a property lawyer will have to arrange for permission from a local government office. This is easy to obtain.

Real Estate Agents

The selection of real estate agents on Santorini is extensive. Be sure to spend time exploring the different sides of the island before settling on a specific house or parcel, as each coast has its own unique character. Of course, a knowledgeable realtor can interview you and make preliminary suggestions.

Check out the following Santorini real estate agents:

Porto Fira Suites
Address: Fira Town, Santorini, 84700, Greece, GR
Tel: +30 22860 22849
Porto Fira offers vacation rentals and fully furnished suites on the west coast of Santorini.

Santorian Estate Agents
Address: Capital Street, Fira, Santorini, 84700, Greece, GR
Tel: +30 69552 25827
Santorian Estate Agents specialises in resort villas on the north and west coasts. They are well-connected to several leading holiday areas.

Santorini Real Estate
Address: Fira, Santorini, 84700, Greece, GR
Tel: +30 22860 28115
Santorini Real Estate is an all-purpose realtor on the island, with connections to resorts, secluded villas and traditional stone houses.