New Private Club and Luxury Apartments to Open at Ellinikon 

Lamda has just announced a new 70 million euro deal with Greek real estate investment company Orilina Properties for the Ellinikon project, which will include a private club, luxury apartments with sea views, as well as a food court and an entertainment complex. 

One of the most emblematic projects within “The Ellinikon” is the revitalisation of the Coastal Zone, encompassing as key elements the creation of the new freely accessible beachfront and a number of architectural landmarks.

In this context, Orilina Properties announced a new strategic partnership with Lamda Development, where Orilina is acquiring from Lamda two prime land plots next to the marina of Agios Kosmas.

The commercial development will consist of a private club with extensive facilities and state-of-the-art restaurants, as well as a wine and spirits retail store and bar by the marina, which will be accessible to the public and is to offer an impressive range of wines from around the world.

The prime residential development will feature exclusive sea view apartment units, which will be branded and serviced by the club, as the apartment buyers will automatically acquire a life club membership and be able to “indulge, unwind and socialise in the vibrant atmosphere of the club,” according to the press statement.

The development of an estimated budget of €70million will conform to the highest green and energy-efficient standards and will be designed by the prominent global architectural firm Kengo Kuma & Associates, who is also designing the Riviera Galleria constructed by Lamda in the neighbouring area, thus ensuring in this prominent position next to the marina of Agios Kosmas, a unified coastal front of high caliber, and an important addition to the architectural landmarks of the area.

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 Lamdadev 

Apartment Prices in Greece Increase Due to Demand

Real estate prices in Greece jumped by 9.1 percent in the last quarter of 2021, driven by strong demand in Athens and Thessaloniki, data from the Bank of Greece shows.

“According to data collected from credit institutions, apartment prices (in nominal terms) are estimated to have increased on average by 9.1% year-on-year in the fourth quarter of 2021, while in 2021 apartment prices increased by an average annual rate of 7.1%, compared with an average increase of 4.5% in 2020,” the Bank of Greece said in a statement.

Apartment prices in Athens raced ahead 10.5 percent in the last quarter of the year and 8.3 percent in Thessaloniki.

More specifically, in the fourth quarter of 2021 the year-on-year rate of increase in prices was 9.8% for new apartments (up to 5 years old) and 8.6% for old apartments (over 5 years old). 

For 2021, prices of new apartments increased on average by 7.4%, against an increase of 4.9% in 2020, whereas prices of old apartments increased by 6.9% in 2021, against an increase of 4.2% in 2020.

Broken down by region, in the fourth quarter of 2021 apartment prices increased year-on-year by 10.5% in Athens, 8.3% in Thessaloniki and other cities and 7.1% in other areas of Greece. For 2021 as a whole, prices increased on average by 9.1%, 6.9%, 5.4% and 4.6% respectively in the above-mentioned areas. Finally, as regards all urban areas of the country, in the fourth quarter of 2021 apartment prices increased by 9.7% compared to the fourth quarter of 2020, while for 2021 they increased at an average annual rate of 7.5%.

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 Greece 

Real Estate Prospects in Southern Europe on the Rise in 2022

Real estate prospects in southern European capitals are seen improving in 2022, according to the latest report put together by PwC and Urban Land Institute, though volatility in the sector remains.

Based on a ranking of 31 European cities included in the annual “Emerging Trends in Real Estate – Road to Recovery” report, the outlook in Spain, Italy and Greece improved in the last year. Topping the list is London, followed by Paris and Berlin.

“Madrid has moved up two places to sixth, with a score that now rivals the leading German cities. Interviewees point out that it offers good opportunities across sectors, such as residential and logistics, as well as a strong office market,” says the report.

Rome climbed to position number 21 (from 23rd) and Athens advanced to 23rd place (from 28th place).

On a second-ranking assessing expected changes in rental and capital values in 2022, Athens took first place.

“Relatively few survey participants are active in the Athens market, but they believe the city offers some of the strongest growth prospects anywhere in Europe. This relates not just to the potential recovery of tourism, but also to Greece’s relative political stability compared with Turkey,” says PwC and ULI.

The report goes on to cite one private equity investor who says: “Greece, for the first time in decades, has a stable, pro-business government. This stability is set against a contrasting situation in Turkey.”

In terms of broader property trends in Europe, the annual review points out that there is a clear upturn in confidence but that volatility and uncertainty continue amidst high inflation and supply chain problems.

“The biggest current uncertainty relates to inflation and supply chains, impacting mostly construction prices and delivery schedules, just at a time when the industry wants to resume delayed developments or advance repurposing initiatives,” it says.

“As a consequence, we are seeing strong sentiment swings, as the industry struggles to interpret the potential impact of supply chain disruptions, surging energy costs and labor shortages on real estate, and how long these issues might last,” it adds.

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

40 Million Euro ‘Small Hellinikon’ Project Signed for Crete

Greek company REDS S.A. has been awarded the development of the former U.S. base in Gournes, Heraklion, Crete, for 40.2 million euros, the country’s privatizations agency announced.

The Hellenic Republic Asset Development Fund (HRADF) said that the sale was conducted through the process of electronic auction and that the board will soon convene to ratify the e-auction result.

Dubbed the ‘Small Ellinikon”, after the development of the former Athens international airport, the asset is considered to be a key item in the country’s privatizations agenda.

The real estate property of Gournes consists of a beachfront land plot of 345,567 sqm located 13km from the airport “Nikos Kazantzakis” and 16 km from Heraklion. During the last 20 years, land plots neighboring the property have been developed, the Hellenic Centre for Marine Research, the Cretaquarium Thalassocosmos, the International Exhibition and Conference Centre of Crete, etc.

The tender, which follows years of delay, comes amid an emerging investment and building boom on Crete, the Mediterranean’s fifth-largest island.

Long one of Greece’s leading tourist destinations, Crete welcomes more than 5 million visitors a year and boasts several world-class tourist attractions like the Minoan era Knossos Palace, the legendary site of King Minos, and the Minotaur. Over the last two years, foreign investors have engaged in a number of deals and resort projects on the island.

In 2020, Hines acquired five hotels on Crete and Russia-based developer Mirum began work on its long-awaited Elounda Hills resort project in the summer. U.S. investment fund Blackstone recently acquired the Elounda Blu hotel in Crete – its sixth hotel property in Greece – through its Spanish subsidiary Hotel Investment Partners.

At the same time, the Greek government is investing billions of euros to upgrade Crete’s transport and power infrastructure. Work has recently begun on a new 1.5 billion euro international airport in Kastelli — located about 20 kilometers from Gournes – and is expected to be in operation by the end of 2023.

Also, underway is a 2 billion euro highway project stretching along the north coast of Crete, said to be one of the largest public works projects in Europe.

This article was first published here. 

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

Greece Among Top Destinations in the World for Hotel Investors

Greece is among the top destinations for investment funds and companies active in the hotel industry and in general in the field of hospitality and tourism. In fact, leading representatives of international brands revealed their intention to increase their presence in the Greek market while speaking at the 22nd Prodexpo conference held in Athens.

On the occasion of the Melia group’s recent agreement with the hotels of the Papakaliatis family, the Zeus Hotels group, Maria Zarraluqui, Global development VP, Meliá Hotels International, stated that in Greece not only are opportunities identified, but the right partners, with knowledge and experience in providing high-quality services, are on offer.

According to Zarraluqui, the Meliá Group expects a further recovery of the hotel and tourism industry in Greece, adding that there are plans for expansion in Mykonos, Thessaloniki and Santorini. Greece is among the top markets seen by foreign investors, along with Spain and Portugal. The challenge for the Greek market is the gradual detachment from tour operators and their replacement by new sales methods, with digitization as the main tool.

On his part, Ian Di Tullio, and Chief Commercial Officer Southern Europe Accor, predicted further development of the Greek tourism market, with the hotel industry transforming and passing from the level of overnight to the level of service and upgraded experience. Given these trends and the national strategic framework for growth, Greece 2.0, Di Tulio said that Accor is going to strengthen its footprint in Greece by 50% in the coming years.

The importance of upgraded and quality consulting services to enhance the inflow of foreign investment in the Greek hotel market was referred to by Nikos Hantzos, Consultant, International Hotel Development – Greece & Cyprus Marriott Intl. Taking as an example the recent Marriott agreement in Greece, he presented how crucial it is to converge and transform into a strategic investment the presence of five institutional investors, an international hotel manager, Domus, and an international brand like Marriott. Therefore, for Hantzo, experienced and capable executives of the hotel sector who can play the role of advisor to investors, are a “key” for new and more investments in this sector in Greece.

Thomas Doxiadis Founder doxiadis + Architects shared on the panel his experiences from the importance of designing big brands in Greece. Indicatively, he referred to the Four Seasons, which operates by international standards. However, as he explained, in addition to the standard guidelines, current design trends place great emphasis on the issue of “in-depth” quality of the overall experience offered by a hotel.

*Maria Zarraluqui, Global development VP, Meliá Hotels International: “We plan further expansion in Greece.”

*Ian Di Tullio, Chief Commercial Officer Southern Europe Accor: “We will increase our presence in the Greek market by 50% in the coming years.”

*Nikos Hantzos, PhD, Consultant, International Hotel Development – Greece & Cyprus Marriott Intl: “It is important to find the right consultants and partners for new investments in the hotel sector.”

*Thomas Doxiadis, Founder doxiadis + Architects: “Architecture now enters the design of brands based on quality.”

This article was first published here. 

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

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

Immaculately Restored Villa of Famous Greek Poet Sikelianos

Sikelianos Villa, set in the seaside town of Xylokastro, was once home to famous Greek poet Angelos Sikelianos.

Having been declared a historical monument of Greece, by former Minister of Culture Melina Mercouri, the stunning residence recently received an immaculate renovation that blends harmoniously its grandeur with contemporary design. The unique Greek holiday villa now offers guests a secluded stay with 360-degree views of the Corinthian Gulf and the lush pine forest of Pefkias.

Located only an hour and fifteen minutes away from the centre of Athens, this expansive property is one of the most beautiful seafront escapes closest to the Greek capital. Plus the perfect base to explore many ancient historic wonders of Greece- with Mykines village only one hour drive from the villa; it’s just two hours from Ancient Olympia and Delphi.

Sikelianos is the perfect stay for guests in search of a private and bespoke getaway; and here you can enjoy breakfast on your own terrace or inside the nearby resort’s beautiful gardens. Along with the dreamy landscape comes a private beach, a pool, delightful dining choices, a spa and a wellness centre, which are all connected to the villa’s resort. 

The idyllic Venetian Villa was built by the famous poet Angelos Sikelianos himself, and his American wife Eva Palmer, on their return to Greece in 1912. It’s hosted countless celebrations dedicated to art and poetry while having welcomed numerous intellects of the 20th century up to the mid-1930s; including famous Greek artists such as Palamas, Kazantzakis and Karyotakis who were very close to the couple.

The construction of the villa began in 1912 and ended in 1916. It was the couple’s first architectural attempt, and the estate combines a variety of designs from different eras, including columns that draw inspiration from Classical Greece, windows from the Byzantine era; while all terraces have strong Venetian influences.

The 50 square metre private property consists of a master bedroom with a king-size bed, ensuite, a very spacious bathroom, a living room and a dining area. Each room has a fireplace carved ornately from stone, as well as large, tall windows overlooking the estate’s lush, fragrant gardens. From its three fully furnished terraces, guests can enjoy the sea view and the evergreen pine forest.

Right at the heart of the villa’s charming gardens guests can enjoy a late lunch or dinner at the delightful restaurant that features authentic Italian cuisine and a fairytale ambience. The outdoor dining experience under the moonlight that blends harmoniously with the timeless elegance of the candle-lit terraced villa- is a perfect way to end your evening here. 

About Angelos Sikelianos 

Angelos Sikelianos was a Greek lyric poet and playwright. Born in March 1884 on the island of Lefkada where he spent his childhood, in 1900 Angelos registered with the Athens Law School but never graduated. In the course of the following years, he travelled extensively and devoted himself to poetry. Critics claim Sikelianos’ finer lyrics are among the best in Western literature. His poems are inspired by Greek history, religious symbolism as well as universal harmony. From 1946 until 1951, he was nominated for the Nobel Prize for Literature.

A: Sikelianou, Sikia, Xylokastro

Top 10 Tips for Buying a Home in Greece

Buying a house anywhere can be a daunting task but particularly so in a country like Greece where laws constantly change and the economy experiences large swings.

Sotheby’s has put together a list of Q and A’s for those interested in getting a place under the Greek sun, providing some basic information on what buyers need to be aware of. 

We have picked the top ten points from the list to help buyers make decisions with more confidence. The full list from Sotheby’s can be seen here

1. Do I need a lawyer/solicitor to buy a property in Greece?

No, not anymore as a legal requirement. However it is highly advisable as solicitors carry out legal due diligence and conduct a property title check going back over 20 years; they ensure the property is free of any mortgage notes, claims, expropriations, rights-of-way, and, in general, any legal encumbrances. In addition, solicitors ensure that all property taxes burdening the vendor have been paid.

2. Do I need a notary to buy a property in Greece?

Yes. A notary public is a government-appointed lawyer who processes and certifies all real estate transactions, including drawing up and reviewing all official documents, to ensure the legal transfer of the property.

3. Do I need an accountant when buying a property in Greece?

Yes. It is essential to hire an accountant early on to help you with tax returns and explain property taxation.

4. Do I need a land surveyor when buying a property in Greece?

Yes. Property Surveyors ensure that all acts associated with the building licensing of the property are based on lawful planning permissions. They are usually outsourced by the appointed Greek Law Firm.

5. Do I need a Tax Registry Number (AFM) in order to buy a property in Greece?

Yes. This tax number (AFM) is mandatory for all property buyers, including foreigners and permanent residents abroad. It is issued on the spot at tax offices, free of charge.

6. What is a property’s Tax Assessed Value?

The Tax Assessed Value is the estimated monetary value of a property according to the Greek tax authorities. As a general rule, a property’s Tax Assessed value is significantly lower than its purchase price. The property’s tax assessed value bears no relation to taxes paid. Transfer taxes are paid on the purchase price.

7. Do I need a Greek bank account?

It is not necessary but it is convenient. All Greek banks have very efficient web banking systems in the English language.

8. Can you walk me through the buying process?

The process is fairly quick and uncomplicated. As a general rule, you must: – Appoint a Greek Lawyer (Your Greek lawyer will outsource the Notary Public and the Surveyor) – Sign a Letter of Intent which outlines the deal in principle and allows sufficient time for the purchase due diligence to take place, usually between 2 to 4 weeks. – Sign the pre-contract detailing terms of sale and payment schedule or the Final Notarial Purchase Contract.

9. How much are closing costs?

Closing costs, including all fees and taxes, are an estimated 10% on top of the purchase price.

10. Do I have to file tax returns in Greece once I’ve become a property owner?

Yes. The Greek state has mandated that all property ownership in Greece must be declared by filling out a form called E9 and submitting it to the Greek Tax Authorities. This is mandatory for every property owner in Greece, even for those who live abroad and have never filed tax returns in Greece or do not have an income in Greece. It will be taken care of by your Greek accountant or your Greek lawyer.

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 

Housing Prices Set to Keep Rising in Greece

Housing prices in Greece are expected to rise by more than 3.5 percent this year boosted by the country’s recovering economy and limited supply levels, senior bank officials tell GreekGuru.net. 

Momentum has been building up in the Greek real estate market where prices kept rising last year, despite the country’s severe recession brought on by the pandemic. The trend is in line with strong property markets seen in others parts of Europe and the world, where concerns about the emergence of bubble markets in some countries are rising.

In Greece, the economy this year is seen rebounding by 3.6 percent, according to Greek government forecasts that are widely expected to be soon revised higher. Many economists have projected a GDP growth figure of between 4-5 percent for 2021.

Improved economic conditions are helping boost confidence among property investors amidst increased lending from banks. In some parts of Greece, particularly in areas popular with foreign buyers, house prices have already shot up by 26 percent, though real estate brokers report few deals being signed and sealed.  

“We see residential housing rising roughly in line with nominal GDP,” said one senior bank official.

“On our books, we have penciled price growth of 3.5 percent for the whole of 2021 though we realize this number is conservative,” the official added.

Looking further ahead, house prices are seen climbing by about 4.5 percent in 2022, another official said.

“This of course relies on how the pandemic goes though again we see prices rising. Demand has proved to be resilient,” the official added.

On the downside, low wage growth and weak labor market conditions are keeping a lid on demand, experts say.

Other factors that could also weigh on prices are that homes repossessed by banks as a result of the country’s ten-year economic crisis will start coming onto the market, creating downward price pressure. 

Later this month, forced property auctions held by banks will resume after a break brought on by the pandemic. Some 2,500 auctions are expected to be held by the end of the year.

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 International   

Building Activity Goes Through the Roof in Greece

Building activity in Greece shot up by nearly 100 percent in May with construction in western parts of the country picking up the most, data from the statistics office show.

The construction boom comes despite a sharp rise in the cost of building materials that is weighing heavily on markets, as seen in Cyprus, while in Italy the government has decided to subsidize infrastructure projects to avoid the risk of companies dumping the contracts.

In Greece, the Hellenic Statistical Authority said that total building activity, based on volume, reached 2.4 million cubic meters, up 97 percent from a year earlier. The highest growth rates were seen in Epirus (480 percent), in the north-west, and western parts of Greece’s mainland  (259.7 percent). In Attica, where Athens is located, there was a 123 percent rise.

Insights Greece - Building Activity Goes Through the Roof in Greece
Image courtesy of The Greek Guru

For the same month, the total number of building permits issued by authorities nationwide rose 62.9 percent to 2,222.

A recovering economy in Greece is helping fuel demand for homes as prices on some islands have gained as much as 26 percent amidst easing travel restrictions. Real estate agents say that buying activity from foreign nationals has mostly focused on southern Athens, along the coastal area called the Athens Riviera and the islands.

Among the recent measures introduced by the Greek government that has helped push the real estate market – and prices –  higher is the suspension of VAT payments on new building permits and unsold properties built after January 1, 2006, and a reduction of the single property tax (ENFIA).

The rising cost of building materials is causing major headaches for the industry that is seeing a post-pandemic boom globally, raising fears of bubble markets emerging in Europe and elsewhere in the world. In the first quarter of the year, housing prices in Turkey recorded the highest gains in the world, jumping 32 percent. 

The cost of basic construction materials, such as copper and timber, has soared by as much as 70 percent since the start of the year on the back of an improving global economy. In Cyprus, building officials estimate that the cost of constructing a home has risen some 20 percent recently, with some builders refusing to complete contracts unless they are covered for the price hikes.

Meanwhile, in Italy, the government is putting aside 100 million euros to help building firms working on public projects as construction costs go through the roof.

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 314 Architecture Studio  

Greece’s Rent Cost Ratio is Second Lowest in the World

Rent costs, as a percentage of total monthly living expenses, in Greece are the second-lowest in the world, according to money.co.uk.

Based on an assessment of more than 50 developed nations (as defined by the United Nations), Greeks spend 19.73 percent of their monthly budget on rent, amounting to the second-lowest rent expense globally after Saudi Arabia.

The figures put together by money.co.uk show that the average monthly rent for a three-bedroom house in Greece reaches 526 euros, versus total monthly living expenses of 2,141 euros for a four-person family.

Insights Greece - Greece's Rent Cost Ratio is Second Lowest in the World
Image courtesy of The Greek Guru

“We’ve looked at the average cost of rent for a three-bed property in over 50 countries around the world and compared it to the cost of living for a family of four, including food shopping, utilities, transportation, leisure and more,” says the site.

In neighboring Turkey, rent costs are also among the cheapest in the world where the monthly bill reaches an estimated 290 euros, against a total monthly budget of 1,154 euros.

At the other end of the spectrum is Singapore where rents demand 50.2 percent of monthly spending for a four-person family. In Europe, the biggest relative rent bills are paid in Ireland (37 percent) and the United Kingdom (32 percent).

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 Airbnb 

Staying at a Traditional Farmhouse on Patmos

We arrived on Patmos Island in mid-June. This was our first visit here and as we arrived late evening, the first thing we caught sight of was Skala, the largest settlement and the main port of Patmos. Nicoletta, our host was there to pick us up and lead us to Langada, her traditional farmhouse in upper Kampos.

After a few minutes of driving, we saw a lush green estate with a traditional farmhouse built around a small chapel and a central patio; developed during the centuries- in perfect harmony with nature and the ambiance of total tranquility- it overlooks Kampos beach. We immediately felt closer to nature, closer to God and an inner peace came over us. 

We were curious about its history. Who built it, why, and when exactly? Nicoletta, a tourist guide herself, narrated the story for us. 

“In 1971, my mother, Dolly Kontogianni, set foot at the port of Patmos island for the first time. It was love at first sight. She was immediately captivated by the island’s special energy. She soon found a plot in Chora, the island’s medieval capital, where she was planning to build a traditional island mansion. Dolly was a restless spirit and loved houses! She never stopped exploring the island’s homes and plots until she discovered the 40-acre estate ‘Langada’.

There she found a farmhouse in a ruinous condition; according to the chapel’s lintel, it was built in 1698. It is said that the chapel and the room next to it had been used by generations of monks from the holy St John monastery; they wished to lead an ascetic life and their aim was to cultivate the land. The estate belonged to 30 heirs. As you can imagine, the buying process was very complicated.

Dolly finally managed to acquire the property in 1973. She slowly started restoring the house, strictly following the traditional building techniques and architectural style. She was fully dedicated to this project which lasted five years. Since then, we have spent numerous summer and easter holidays here with friends and family,” says Nicoletta. 

Today Langada is a large property divided into two parts (Langada 1 & Langada 2) by the central courtyard and the chapel. Guests can rent the entire property or choose only half of it.

We spent two nights at Langada 2, which offers two bedrooms, two bathrooms, a kitchenette, a sitting room, a beautiful courtyard, and a garden. The first bedroom is situated on the ground floor. It features a large traditional built-in double bed and an en suite bathroom. Exiting the bedroom, you will find a traditional sitting room that leads to the beautiful garden overlooking Kampos beach. The kitchenette and second bathroom are located at the back of the house. The kitchenette leads to a small courtyard with a dining table. The second bedroom, featuring a double bed, is on the upper floor and enjoys a large veranda with an unobstructed view of Kampos and the sea- we couldn’t get enough of this. The whole experience is as if we travelled back in time. It’s amazing to see how the houses were built back then. 

Langada 1, consists of two bedrooms, two bathrooms, a spacious fully equipped kitchen, the central patio and chapel, and a front terrace. The master bedroom is a suite consisting of two parts, a sitting area with a sofa that converts into a double bed, and the sleeping room with a second double bed. The room also features an en suite bathroom with a shower. The second bedroom has a large traditional built-in bed and a sitting area. The spacious kitchen has a contemporary yet indigenous character and it used to be a traditional kitchen with wood stoves and a chimney. We had the chance to see the other home too and were able to see the wonderful renovations Nicoletta’s mother made to the entire property. 

Apart from our veranda, outdoors we also enjoyed the beautiful and picturesque central patio, which features a large table and a built-in low sofa under the trees. The home’s indelible traditional architecture, the experience of the past, and the tranquility all formed an unbeatable, exclusive experience for us on Patmos island.

*All images by Polina Paraskevopoulou © (Copyright)