Building a house in Greece

Owning and living in your own house in Greece is a lifelong dream for many. But only a few dare to take the step because they have no knowledge in this area. In addition, there are major concerns about the costs, as well as a foreign real estate legal system. That's why most people tend to buy ready-made properties abroad that come close to what they want. However, why should you settle for half measures when building a house in Greece is almost risk-free, as long as you have the right partner by your side.

It is generally difficult to give a general indication of the value of land. As is well known, a multitude of factors contribute to this, such as the location, use, etc. However, land prices have fallen enormously in recent years because of the crisis. Moreover, you can assume that property prices in Greece will not fall any further. Therefore, there is every reason to buy a property in beautiful and sunny Greece now.

In Greek building law, the construction of real estate is also permitted outside of a development plan, or an unplanned inner area. Depending on how you want to use your house, there are building regulations that determine the building factor and the building area by means of the size of the respective structure. For example, with a plot size of 4,000 m², the construction of a house is permitted up to a living area of 186 m².

On the basis of regular site visits by the architect, the construction progress of your house can be checked. As the owner, you will receive a regular status report on your building project. The architect is also responsible for planning and coordinating all official partial and final inspections.

In terms of high-quality building materials, there has also been an enormous change in Greece. Here, the standards are already approaching those in Germany, and progress has been made in the area of building physics safety in particular.

The building materials used in Greece are of the highest quality.

The pure construction costs for a medium standard are currently around € 2,000 per m². The costs for planning, building permits and other additional costs for outdoor facilities, interior furnishings, development, etc. are also added, so the inclusive price is around € 2,500 - € 3,000 per m². In the interests of economical construction and for better earthquake resistance, it is recommended to build your home using steel composite construction. Steel profiles are connected to the reinforced concrete parts in the composite joint by other steel elements in order to achieve a common load-bearing effect. Depending on the wall system, up to 30% of construction costs can be saved here.

We, the Immolymp team, together with you and our expert local partners, will determine your needs with regard to your new dream home in Greece. With the help of numerous plans and floor plans of already built houses, you may be inspired by new ideas. After all details have been clarified, such as living space, rooms, house design and materials, an exact cost estimate will be prepared. This is, of course, written in your language and contains the exact complete price and the completion date of the house.

• Property prices at an extremely low price level
• High availability of building plots in top locations
• As a rule, cheaper than an existing property or purchase from a developer
• Fair price-
• Increase in value through high-quality new construction in the event of resale
• Unique quality of living in unspoilt nature and clean sea
• Mild climate with more than 300 days of sunshine a year

With the right building consultant at your side, there is probably nothing to stop you from realising your dream of owning a property in Greece. Don't let this perfect opportunity pass you by.

Note: Please note that the information and prices provided cannot be comprehensive and that advice from a construction company cannot be replaced.