Santorini is the most impressive island of the Cyclades, while Mykonos and Folegandros are among the most beautiful villages of the archipelago.
At the beginning of 2020, there is an increase of more than 25% in the demand of the real estate markets in Greece from potential foreign investors, compared to 2018. Investors from the American continent are looking for properties in Santorini, Glyfada Kea and Mykonos. Americans, Germans, French and British are the “driving force” for investment in the Greek real estate market, according to an analysis of the real estate ad network.
According to the calculations of the real estate consulting company Algean Property, last year in Mykonos the properties brought investors gross returns of 8.2%, in Santorini the average was 6.3%. Such returns this year are unthinkable because of the coronavirus, but the long-term trend will not be affected (…) Apart from islands with good infrastructure, demand is registered for the so-called Athenian Riviera, where luxury apartments are built mainly for foreigners.
Our development prospects in Santorini are based on published data, it goes without saying that the construction and realization of properties on the most popular island of the Cyclades remains a very lucrative investment.