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15877 sqft
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1184 sqft
Real estate in Irakleio
The Kriti region in Greece, known for its historic charm and natural beauty, draws numerous foreign property buyers and investors. When considering purchasing a dream house or an apartment in a paradisiacal spot with idyllic beaches, Irakleio should be your priority. This attractive city in the Heraklion prefecture, with its scenic coastline and traditional stone-clad houses, has been dubbed "Petros Village" or "Stone Village" for its striking architecture and captivating views. Before reaching out to a local property agent, take some time to familiarize yourself with the area's real estate market, explore the properties available for sale in Irakleio, and understand the costs associated with owning a vacation home in such a distinctive locale. The diversity of the real estate market in Irakleio, from the modern apartments in the city center to the charming villas in the countryside, gives a wide range of options for every investor's taste. You're not merely investing in a property, but you're also buying into the rich, historical soul of Greece. Just be sure to take into account your budget, the location’s demand, and the potential return on investment to make an informed decision.
Irakleio properties: Market trends overview
The real estate market in Irakleio, Kriti, has been witnessing a stable increase in property prices, drawing the attention of overseas investors and property seekers, chiefly from Scandinavia, the United Kingdom, Germany, and the United States. The allure of Irakleio lies in its perfect blend of tranquility and excitement, thanks to its idyllic coastal position and various recreational facilities. It also benefits from a close proximity to the vibrant city of Heraklion, making it an ideal spot for both a serene retreat and a lively holiday experience. The city of Irakleio, renowned for its enthralling coastal beauty, rich historical legacy, and excellent living standards, has become a primary destination for locals and foreigners alike. In recent years, the authorities in Irakleio have invested heavily in the city's development, resulting in a wide array of property types. These range from contemporary townhouses and apartments to stylish villas, classic country homes, and luxurious penthouses. The variety in property offerings caters to every budget and lifestyle preference, positioning Irakleio as an attractive and welcoming locale for international buyers. The city's reputation as a stylish residential and holiday hotspot continues to grow due to its delightful blend of tradition and modernity and its idyllic Mediterranean backdrop. So, finding properties for sale in Irakleio, Kriti, is a smooth and convenient process that continuously entices overseas and local investors.
Average price of a property for sale in Irakleio
What should you anticipate to spend on properties in Irakleio, Kriti? The price can vary greatly depending on numerous factors such as the type of property, its location relative to historical landmarks and beaches, available amenities, and personal requirements (luxury features, size, accessibility, etc.). Latest data reveal that the peak asking price for a property for sale in Irakleio, Kriti was €2,480 per square meter. The priciest properties are mostly located in the Heraklion City Centre district. In contrast, more affordable prices, with an average cost per square meter of €1,787, can be found in the suburb regions of Gazi and Amoudara. The current average listing price for a house hovers around €515,000.
Types of properties can you find in Irakleio
In Irakleio, Kriti, the Greek real estate market offers a versatile selection of properties, encompassing modern flats, luxurious rooftop apartments, high-value oceanside villas, and traditional Greek homes. The prime properties for sale are often found within secure residential communities. Options include spacious 3-4 bedroom flats with expansive balconies, as well as two-story residences each featuring its own entrance, sizeable terraces, and fully-equipped kitchens. One other enticing choice is a newly-constructed villa situated in an enviable location in Irakleio, Kriti, which commands a stunning view of the Mediterranean Sea. It is within walking distance to the beach and is a perfect spot to reside, blending the tranquility of island living with the convenience of city amenities.