Properties for Sale in Megisti, Notio Aigaio, Greece

Real estate in Megisti

The Notio Aigaio region in Greece, with its captivating island life, is a magnet for many international real estate buyers and investors. Megisti, a quaint island town, should be on your consideration list if you're seeking a dream house or a holiday apartment in a postcard-perfect setting, surrounded by astonishingly blue waters. This charming town, famous for its colourful, neoclassical buildings and hilly terrain, has earned the title 'The Aegean Rainbow' for its vibrant scenery and unique architectural landscape. Before reaching out to a local property dealer, it's essential to familiarize yourself with the market dynamics in Megisti, the properties available for sale, and the price range you can expect for a holiday home in such an idyllic location. The range of houses and apartments in Megisti mirrors the diversity of the island itself, from traditional villas perched on high cliffs to modern flats in the heart of the town. This makes it an excellent place for those looking for a unique, unforgettable Greek island experience. Megisti's real estate market offers a variety of options, ensuring that every potential investor finds a property that suits their preferences and budget.

Megisti properties: Market trends overview

The property market in Megisti, Notio Aigaio, Greece has seen consistent price appreciation, catching the interest of international buyers and investors, particularly from the United States, Germany, the UK and Scandinavian nations. The island of Megisti, also known as Kastellorizo, is famed for its dazzling coastal location that perfectly amalgamates a relaxed lifestyle with a lively vacation owing to multiple leisure centres and sailing clubs as well as convenient access to the bustling city of Rhodes. Megisti boasts a resplendent coastal charm, a rich history and an excellent living standard. Over recent years, local authorities in Megisti have injected more funds into town development, offering an array of property choices for both domestic and overseas house seekers, comprising sleek and practical townhouses, apartments, contemporary villas, traditional Greek island homes and penthouses. Discovering properties and apartments for sale in Megisti that cater to all financial capacities and lifestyle inclinations is effortless, making this colourful island an attractive destination for foreign buyers.

Average price of a property for sale in Megisti

Pricing for properties in Megisti, Notio Aigaio, Greece can differ greatly due to a variety of factors. These can include the type of property, how close it is to the historic center or beautiful beaches, amenities that are offered, and individual preferences such as luxury features, the size of the property, and its accessibility. Recent data suggests the highest asking price for properties in Megisti is approximately €2,500 per square meter, with the most costly properties typically found in the central Megisti area. Conversely, the most affordable properties, with an average price per square meter of €1,850, are located in the outskirts of Megisti. At present, the average asking price for a house in Megisti sits around €520,000. These prices can fluctuate based on market trends and the unique features of each property.

Types of properties can you find in Megisti

Megisti, Notio Aigaio, Greece, offers a rich selection of properties, ranging from modern flats, lavish rooftop suites, premium seafront villas to classic Greek stone houses. The most sought-after property for sale is situated in a secure residential complex. Options for 3-4 bedroom flats, filled with ample sunlight and large balconies, abound, along with dual-storey residences. Each level in these houses possesses separate access, spacious balconies, and individual kitchens, providing a sense of privacy within the same home. It's possible to choose a newly built villa positioned in an exquisite location in Megisti, Greece, with unrivaled views of the azure sea. All are within comfortable walking distance to the pristine beaches, making them a dream living destination.