Properties for Sale in Megalo Chorio, Notio Aigaio, Greece

Real estate in Megalo Chorio

The region of Notio Aigaio in Greece, with its captivating beauty and rich cultural history, attracts a significant number of international home-buyers and investors. Megalo Chorio, a quaint village, should be at the top of your options if you're in search of an idyllic home or a vacation apartment for sale. This charming village, which lies in the heart of Tilos Island, offers stunning coastal views and traditional Aegean-style white houses, earning it the affectionate nickname of "The Big Village" for its breath-taking landscape and architecture. Don't rush into contacting a local real estate agent just yet. Make sure to understand the local market conditions, the variety of properties in Megalo Chorio on sale, and the potential cost of owning a holiday home in this distinct location. This picturesque place provides a tranquil, slow-paced life with a touch of Greek tradition and an incomparable natural beauty that truly sets it apart. Delve into the beauty, history, and idyllic lifestyle of this Greek village and consider the investment opportunities available in Megalo Chorio, Notio Aigaio region, Greece.

Megalo Chorio properties: Market trends overview

The real estate market in Megalo Chorio, Notio Aigaio, Greece has been witnessing a consistent upward trend in property prices, making it a lucrative spot for foreign investors and buyers. Particularly, individuals from Scandinavian countries, the UK, Germany, and the US find the real estate in this Grecian locale enticing and profitable. Megalo Chorio's enviable location near the Aegean Sea allows residents and visitors alike to enjoy a leisurely island lifestyle coupled with the thrill of vacation due to the various recreational facilities and golf clubs in the village, in addition to its proximity to the energetic city of Rhodes. Megalo Chorio, with its picturesque coastal backdrop and a historical and cultural richness, provides a superior quality of life. In recent years, the local authorities have significantly increased their efforts in the village's development, offering a wide range of property choices for both local and foreign buyers. These include sleek townhouses, apartment buildings, modern-style villas, as well as traditional Greek houses and luxurious penthouses. This makes it easy to find a property for sale in Megalo Chorio, Greece, that suits different budgets and lifestyle choices effortlessly. The welcoming nature of the charming village, with its white and pastel buildings, makes it particularly appealing to foreign buyers.

Average price of a property for sale in Megalo Chorio

What might you anticipate to spend for properties in Megalo Chorio? There isn't a definitive response because the expense is influenced by a multitude of variables, such as the kind of property, proximity to the old town and beaches, facilities, and individual tastes (upscale features, dimensions, accessibility, etc.). The latest data indicates that the maximum listed price for property for sale in Megalo Chorio was €2,867 per square meter. The priciest properties can be found in the Megalo Chorio-Aegean coast area. On the other hand, the most inexpensive prices, with a median cost per square meter of €1,989, can be located in the inner parts of the Megalo Chorio region. The average listing price for a home in Megalo Chorio is currently hovering around €578,990.

Types of properties can you find in Megalo Chorio

Megalo Chorio, Notio Aigaio, Greece, presents a varied selection of real estate, ranging from townhouses, elegant penthouses, high-end waterfront mansions, and traditional Greek farmhouses. The most sought-after property for purchase is situated in a secure residential community. It's common to find 3-4 bedroom townhouses with expansive balconies and double-storey homes. Interestingly, these multi-storey dwellings have individual entrances and each level is equipped with spacious terraces and its own kitchen space. Alternatively, you might consider a newly-built mansion nestled in an advantageous spot in Megalo Chorio, Notio Aigaio, with breathtaking views of the Aegean Sea, a short walk to the beach, and just the perfect location for luxury living.