Properties for Sale in Ithaki, Ionia Nisia, Greece

Real estate in Ithaki

The Ionia Nisia region in the marvelous country of Greece is a dream destination for many international property buyers and investors. If you are in search of a dream house or a flat on the market in a location adorned with breathtaking beaches and sun-lit landscapes, then Ithaki should be at the top of your list. This gorgeous island in the Ionian Sea, characterized by its hillside coast and classic blue and white villas, has earned the nickname "Nisi To Galazion" or "Island of the Blues" due to its charming architecture and captivating surroundings. Before reaching out to a local real estate agent, it's worth researching the state of the market in the area, what Ithaki properties are available for sale, and the cost of acquiring a holiday home in such an extraordinary location. Ithaki, with its rich history and cultural heritage intertwined with the mythical legend of Odysseus, offers an alluring blend of the past and present. The architectural beauty of this island, combined with its warm Mediterranean climate and vibrant local life, makes it a perfect place for interested buyers who are looking for a piece of their own Greek paradise. With a variety of properties available, from traditional homes to modern apartments, there is something to meet everyone's taste and budget in Ithaki, making it a prime real estate market on the Ionian Islands.

Ithaki properties: Market trends overview

The local property market in Ithaki has shown consistent price escalation, making it irresistible to international investors and homebuyers, particularly from Northern European nations, the UK, Germany, and the USA. The magical island of Ithaki, nestled in the azure Ionian Sea, offers the perfect mix of a serene lifestyle and an energetic vacation owing to the numerous leisure facilities and yacht clubs, and a convenient connection to the bustling city of Kefalonia. Ithaki provides a lively island backdrop, abundant cultural traditions, and a superior standard of living. In recent times, Ithaki's local government has been putting more funding into the enhancement of the island, offering an array of real estate alternatives for both national and foreign property buyers. These include stylish and practical townhouses, apartments, contemporary-style villas, traditional farmhouses, and luxurious penthouses. Locating property and apartments for sale in Ithaki, Greece, that cater to all budget and lifestyle requirements is simple, making this picturesque Ionian island a top choice for foreign investors.

Average price of a property for sale in Ithaki

What sort of price can you anticipate for Ithaki properties? There's no definitive answer due to an array of influencing elements including property types, closeness to the historic heart or beaches, amenities and individual needs (luxury features, dimensions, accessibility, and so on). Recent data reveal that the highest listed price for a property for sale in Ithaki was €2,689 per square meter. The priciest properties are predominantly found in the Vathy area of the island. On the other hand, the lowest prices, with an average price per square meter of €2,021, are generally found in the northern parts of Ithaki like Stavros. Currently, the median asking price for a house stands roughly at €572,120. So if you are planning to buy a property in Ithaki, you should be prepared for these prices depending on the area and the type of property you are interested in.

Types of properties can you find in Ithaki

Ithaki, Greece, property market boasts an assortment of options, such as seafront villas, traditional Greek houses, luxury apartments, and island cottages. The prime real estate is found within exclusive residential compounds. These compounds typically offer 3-4 bedroom apartments with spacious balconies, and duplex homes each equipped with their own entrances, expansive balconies and fully-fitted kitchens. Real estate seekers also have the option of moving into a newly-built villa set in a superior location in Ithaki, Greece, boasting views of the Ionian sea, within strolling distance to the beach, and simply an idyllic location to reside. The properties here embody the rustic charm of traditional Greece while maintaining the comfortable amenities of modern living. The diverse choices in property, from luxury to traditional, make Ithaki in the Ionia Nisia region a versatile and attractive place for property investment.