Romantic Escape at a Tiny Villa in Symi

At a tranquil village on the island of Symi, you will find a gorgeous little villa designed for couples to connect, de-stress or just relax along the stunning waterfront.

This tiny fishing cottage “On the Rocks” in Nimborio, is a place where you can unwind and feel totally at peace. From a quick dip at a nearby beach to enjoying a coffee and some light reading, or a candlelit dinner on the private terrace- this small sanctuary for two provides the perfect base for couples on a romantic getaway.

  • Insights Greece - Romantic Escape at a Tiny Villa in Symi
  • Insights Greece - Romantic Escape at a Tiny Villa in Symi

With the option to do what you like, when you like, the space offers privacy, freedom, and a mini home away from home vibe. Featuring one bedroom, one bathroom, a private terrace, wardrobe space, air-conditioning, and free WiFi, the holiday cottage is a short walk away from a traditional Greek taverna, a hotel restaurant, and a beach bar serving food all day long.

For those who wish to explore the rest of the beautiful island, guests have easy access to Symi’s main harbour town using the regular water taxi service, which also connects to many of the island’s breathtaking beaches every morning and afternoon. Water taxis can also be booked privately in the evening for those wishing to head to town at night- where you will find a great range of eateries and bars to choose from.

So if you’re planning your next Greek island escape for two or even looking for an ideal retreat as a solo traveller (for the ultimate me-time), this is the perfect place!

On the Rocks

Discover the 10 Best Things to Do in Symi

International Buyers Looking for a Greek Island Home

More than eight in ten potential home buyers on the Greek islands are foreign nationals with strong interest coming from central European countries, according to Georg Petras, CEO of Engel & Völkers in Greece. 

Strong interest is noted especially from Central Europeans coming from the DACH regions (45 percent from Germany, 15 percent from Switzerland and 10 percent from Austria) as well as the Benelux countries and the USA.

Demand for real estate in Mykonos and Santorini remains solid, as well as on Crete and Corfu and in the coastal areas of the Peloponnese like Porto Heli despite the pandemic, says Petras.

In Porto Heli houses reach a maximum total of 7 million euros. Amongst the most popular destinations are also Paros and Rhodes, where the top price for a house is 4 million euros and apartments in the most requested areas reach up to a maximum of 6,000 euros per square meter. 

At the same time, the maximum price for a detached home in Paros is at around 8 million euros. 

Currently, the most expensive estate in the Engel & Völkers Greece portfolio is a villa in Mykonos with direct access to the sea; the asking price is 10 million euros. 

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 Luxury Estate

Home Prices Rise Rapidly on Many Greek Islands

Buyers looking for a beachfront home on a Greek island are faced with a mixed market as asking prices on Serifos, Naxos and Paros rise rapidly, but drop on Skopelos and Patmos.

Demand has been picking up in Greece’s residential housing market in recent months as the economy rebounds from last year’s steep pandemic-induced recession and easing travel restrictions help attract foreign buyers.

Real estate agents say that buying activity from foreign nationals has been mostly focused on southern Athens, along the coastal area called the Athens Riviera, and the islands.

Data collected by Spitogatos.gr shows that the asking price for homes on the islands of Serifos, Samothrace and Poros topped the list jumping in the last year by 26.2 percent (to 2,649 euros/sq.m) 23.1 percent (to 1,066 euros/sq.m) and 20 percent (to 2,000/sq.m) respectively.

Next on the list come Antiparos, Naxos, Kythnos and Paros with hikes in selling prices reaching 17.6 percent (3,823 euros/sq.m), 15 percent (2,697 euros/sq.m.), 12.8 percent (2,255 euros/sq.m) and 12.5 percent (2,812 euros/sq.m) respectively

More than eight in ten potential home buyers on the Greek islands are foreign nationals, according to Georg Petras, CEO of Engel & Völkers in Greece, with strong interest coming from central European countries,

Strong interest is noted especially from Central Europeans coming from the DACH regions (45 percent from Germany, 15 percent from Switzerland and 10 percent from Austria) as well as the Benelux countries and the USA.

 

Price drops

On the downside, asking prices on the islands of Thasos, Ikaria, Skopelos and Patmos showed the biggest drop, falling 9.2 percent (1,309 euros/sq.m), 7.1 percent (1,300 euros/sq. m), 5.6 percent (1,062 euros/sq.m ) and 5.2 percent (3,359.7 euros/sq. m) respectively.

Next come Leros, Lesvos and Kea where asking prices dipped by 3.4 percent, 2.8 percent and 2.7 percent.

Demand solid demand for a holiday home in Greece, market experts warn that a recent property tax hike in the country may weigh on demand.

In June, the Finance Ministry announced an increase in the ENFIA property tax bill paid by property owners on popular islands, such as Mykonos and Rhodes.

The tax value of some homes on Mykonos, for example, jumped to 3,800 euros per square meter, from 1,200 euros. Sharp increases also appear in districts on the islands of Rhodes, Kos, and Kefalonia. The changes will take effect as of January.

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 Serifos Houses