Properties for Sale in Othos, Notio Aigaio, Greece

Real estate in Othos

The Notio Aigaio region in southern Greece holds an irresistible charm for foreign home-seekers and investors. Othos, a beautiful village, is an absolute must-consider if you're on the lookout for your dream property or a holiday apartment in a stunning, tranquil setting with crystal-clear beaches. This delightful village on the Island of Karpathos, with its hillside location and traditional blue and white houses, is often referred to as the "Blue Pearl" due to its captivating architecture and scenery. Before you contact a local property broker, it's essential to understand the real estate market in Othos, what kinds of properties are currently for sale, and the average cost of acquiring a vacation home in this undeniably idyllic location. The diversity of real estate types, ranging from quaint cottages to modern villas, all nestled within the magnificent natural backdrop of Othos, promises to cater to a wide range of aesthetic preferences and budgets. Take a tour around this hidden gem in the Greek islands to experience a unique combination of Grecian architecture, tradition, and serenity.

Othos properties: Market trends overview

The local real estate market in Othos, Notio Aigaio, Greece, has observed a consistent increase in prices, thereby attracting overseas buyers and investors, predominantly from Northern Europe, the United Kingdom, Germany, and the United States. Othos's stunning island location presents the possibility to merge a relaxed lifestyle with a lively vacation due to an array of leisure activities and sports clubs, and an easy connection to the dynamic city of Kos. Othos affords an energetic island atmosphere, historical heritage, and superior living standards. Over the last few years, the Othos authorities have allocated more funds towards the city's advancement, offering a variety of real estate choices for local and international buyers. These range from contemporary and efficient townhouses, apartments, modern villas, conventional Greek style houses, to luxury penthouses. Identifying property and apartments for sale in Othos, Greece, that accommodate any budget and lifestyle preferences is convenient, transforming this traditional Greek town into one of the most welcoming to foreign purchasers.

Average price of a property for sale in Othos

What is the anticipated price for properties in Othos, Notio Aigaio, Greece? The price fluctuates based on numerous variables, such as the category of property, its closeness to the town center and coastal areas, the availability of facilities, and individual preferences (luxury features, area, ease of access, and so on). Recent data reveals that the maximum quoted price for properties in Othos, Notio Aigaio was €2,500 per square meter. The priciest properties are typically found in the areas near the Othos town center. On the other hand, more affordable options, showcasing an average price per square meter of €1,900, are predominantly located in the suburban zones. The current approximate listing price for a residential architecture is around €550,000.

Types of properties can you find in Othos

In Othos, Notio Aigaio, Greece, you will find a rich assortment of real estate options that range from modern apartments, luxurious loft-style penthouses, immaculate beachfront villas, to traditional Greek houses. Prime properties in this region are situated in secure residential areas. There are apartments available, typically with 3-4 bedrooms, expansive balconies, and some homes comprise 2 levels, each with a private entry, vast terraces, and separate kitchens. Alternatively, you might prefer a newly built villa situated in a desired location in Othos, Greece, offering stunning sea views, a short stroll to the beach, and an idyllic place to reside. The Grecian architectural charm is evident in many of these properties, presenting an admirable blend of modern comfort and traditional aesthetics.