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Real estate in Pinakates
The Thessalia region in central Greece is a magnet for international home buyers and investors. Pinakates, in particular, is worthy of attention if you're in search of a dream home or an apartment for sale in an idyllic setting with breathtaking mountain vistas. This charming village in the Magnesia prefecture, nestled in the mountainside with traditional stone-built mansions, has earned the nickname "The Stone Village" for its striking architecture and landscapes. Before you reach out to a local real estate agent, it's important to understand what the market looks like in this area, what Pinakates properties are available for sale, and how much it might cost to purchase a vacation home in such a distinctive location. Like Mijas, Pinakates is known for its picturesque beauty, but it also offers a serene and tranquil environment that's far from the hustle and bustle of city life. The cultural heritage of this traditional village, combined with the stunning natural landscapes that surround it, make Pinakates a unique and attractive option for property investment in Greece.
Pinakates properties: Market trends overview
The real estate market in Pinakates, Thessalia has witnessed constant growth in prices, making it a hotbed for buyers and investors from outside Greece, particularly from Sweden, the UK, America, and Germany. The prime geographical location of Pinakates offers the best of Greek rural lifestyle paired with the exciting holiday experiences, thanks to the numerous recreational facilities and golf clubs nearby. In addition, connectivity to lively cities like Volos makes it more appealing. Pinakates provides a quintessential Greek village setting, enriched with historical architectural treasures and an exceptional quality of life. In recent years, local authorities have been actively involved in the development of the area, creating an array of property options for local residents and international home buyers. These include sleek and functional townhouses, apartments, minimalistic villas, traditional Greek stone houses, and rooftop apartments. Locating properties and apartments on sale in Pinakates, Thessalia, that cater to various budgets and lifestyle preferences is hassle-free, making this rustic village one of the most appealing to foreign buyers in Greece.
Average price of a property for sale in Pinakates
What can you expect to pay for properties in Pinakates, Thessalia region, Greece? The answer to this question can vary greatly, influenced by factors such as the property type, distance to the historic center and coastline, facilities available, and individual preferences like luxury features, size, and ease of access. The latest data indicates that the highest quoted price for properties in Pinakates is approximately €2,400 per square meter. The most premium properties are located in the vicinity of Pinakates' central square area. On the other hand, the properties in the outskirts of the town command lower prices, with an average price per square meter of about €1,700. The average listing price for a home in this picturesque location currently stands around €550,000.
Types of properties can you find in Pinakates
In Pinakates, Thessalia, Greece, the real estate market presents a variety of property types, including modern apartments, upscale rooftop suites, seafront luxury mansions, and classic Greek stone houses. The most sought-after properties are situated within secure residential compounds, offering 3-4 bedroom flats with expansive patios and dual-story homes. Interestingly, each level of these homes possesses a separate entrance and comes with ample patio space plus a dedicated kitchen area. You also have an option to invest in a newly constructed mansion, favorably located in Pinakates, Thessalia, overlooking the mesmerising Aegean Sea. It is within a short walking distance to the beach, making it an ideal place to reside. The abundance of natural beauty, tranquil environment, and marvelous architectural designs make it a top-notch location for property investment.