Corfu Ranked One of the Best Destinations Worldwide for a Holiday Home

Corfu ranks among the top global destinations for a holiday home, according to a ranking of 50 cities put together by comparethemarket.com

The Greek island takes position number 6, gaining points for its low crime rate and competitive property prices, while Heraklion in Crete was ranked in 16th position and Athens further down in 31st place.

“We’ve analysed locations around the world based on factors such as things to do, affordability, and the local weather,” the site said.

At the top of the list comes Venice, followed by Paphos (Cyprus), Abu Dhabi, Dubai, and Funchal (Portugal).

Cyprus’ Larnaca also finished in the top ten, taking ninth place.

According to the data provided, the average cost of living for a family of four in Corfu amounts to $2,910, versus $3,691 in Venice, $2,560 in Paphos, and $2,865 in Abu Dhabi.

Property prices also differ significantly. In Corfu, the average price of property comes in at $1,647, versus $4,930 in Venice, $1,837 in Paphos, and $2,836 in Abu Dhabi.

More at comparethemarket.com.au

This article was first published here. 

For more Real Estate News & Views on Greece and Europe’s South, head to The Greek Guru.

*Image courtesy of Sotheby’s

Stelios Bouras

A journalist for nearly two decades, Stelios has covered everything in the Greek capital, ranging from the politics and the economy to dancing architects and the souvlaki. Writing is his passion. After covering Greece for The Wall Street Journal and Reuters, he is now narrowing in on real estate and architecture. He believes that homes are more than a place to eat and sleep in and that light, design and space shape lives, along with the features of a building. Originally from Melbourne, he knows how to break down complex Greek issues into easy to understand stories for a foreign audience. He writes on real estate and the economy on his blog GreekGuru.net