Real Estate in Kalamata, Greece
Last updated on Nov 01, 2024
Summary: Expats and retirees talk about real estate in Kalamata, Greece? How do you find a home in Kalamata? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Kalamata?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Kalamata involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger house, depending on your needs and financial situation. Next, you should research the different neighborhoods in Kalamata to find one that suits your lifestyle and preferences. Some areas may be closer to the city center, while others may be more residential or closer to the beach. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for rentals or properties for sale in Kalamata, such as Spitogatos, XE, and HomeGreekHome. These websites allow you to filter your search based on location, price, size, and other features. In addition to online searches, you may also want to consider hiring a local real estate agent. They can provide valuable insight into the local market, help you negotiate prices, and guide you through the process of renting or buying a property in Greece. When you find a property you're interested in, make sure to visit it in person before making any decisions. This will give you a chance to inspect the property, check its condition, and get a feel for the neighborhood. Finally, once you've found the perfect place, you'll need to sign a lease or purchase agreement. Make sure to read the contract carefully and understand all the terms and conditions before signing. If you're not fluent in Greek, you may want to hire a translator or a lawyer to help you with this process. Remember, finding a place to live in a new city or country can take time, so be patient and don't rush the process," remarked one member in Kalamata.
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What is a typical expat home or apartment like in Kalamata?
"A typical expat home or apartment in Kalamata, is often a blend of traditional Greek architecture and modern amenities. These homes are usually spacious, with open floor plans and large windows that let in plenty of natural light. The living areas often feature comfortable seating, a dining area, and a fully equipped kitchen with modern appliances. Bedrooms are typically large, with ample storage space. Many homes also have outdoor spaces, such as balconies or terraces, which offer stunning views of the surrounding landscape, including the sea and mountains. The homes are often located in close proximity to local amenities such as shops, restaurants, and beaches. They are usually furnished in a style that combines Greek tradition with contemporary comfort, featuring elements such as tiled floors, whitewashed walls, and wooden furniture. Air conditioning is common due to the warm climate, and some homes may also have a fireplace for the cooler months. Many expat homes also have access to a communal pool or are located near the beach," said one expat who made the move to Kalamata.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
What is the average cost of housing in Kalamata?
If you are thinking about moving to Kalamata, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Kalamata can vary greatly depending on the location and size of the property. For instance, a one-bedroom apartment in the city center may cost around €300-€400 per month to rent, while a similar property outside the city center may be slightly cheaper. If you're looking to buy, prices can range from €1,000 to €2,000 per square meter. However, these prices can fluctuate and it's always best to check with local real estate agencies for the most accurate and up-to-date information," remarked one foreigner who made the move to Kalamata.
Should I buy or rent a home in Kalamata?
If you have not spent a lot of time in Kalamata, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Kalamata, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Kalamata for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting might be a better option if you're not planning to stay in Kalamata for a long time. Renting offers more flexibility, as you can move without the hassle of selling a property. It also doesn't require a large upfront investment like buying a home does. Consider the cost of living, property prices, and rental rates in Kalamata. If the cost of buying a home is significantly higher than renting, it might make more financial sense to rent. However, if you can afford to buy and plan to stay for many years, buying could be a better long-term investment. Also, consider the responsibilities that come with owning a home, such as maintenance, repairs, and property taxes. If you prefer not to deal with these tasks, renting might be a better option. Lastly, consider seeking advice from a financial advisor or real estate professional. They can provide personalized advice based on your financial situation and goals," said one expat who made the move to Kalamata.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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