Real Estate in Igoumenitsa, Greece
Last updated on Jun 11, 2024
Summary: Expats and retirees talk about real estate in Igoumenitsa, Greece? How do you find a home in Igoumenitsa? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Igoumenitsa?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Igoumenitsa involves several steps. First, you need to determine your budget and what type of accommodation you are 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 Igoumenitsa to find one that suits your lifestyle and preferences. Some people might prefer a quiet residential area, while others might want to be closer to the city center with easy access to shops, restaurants, and nightlife. 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 in Igoumenitsa, 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 might 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 signing a lease. When you find a place that you're interested in, it's important to visit it in person before making a decision. This will give you a chance to check the condition of the property, ask questions, and get a feel for the neighborhood. Finally, once you've found the perfect place, you'll need to sign a lease agreement. Make sure to read it carefully and understand all the terms before signing. If you're not fluent in Greek, you might want to hire a translator or lawyer to help you with this step. Remember, finding a place to live can take some time, so it's important to be patient and not rush the process. Good luck with your search," explained one expat living in Igoumenitsa, Greece.
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What is a typical expat home or apartment like in Igoumenitsa?
"A typical expat home or apartment in Igoumenitsa, is often located in the heart of the city, close to local amenities such as shops, restaurants, and public transportation. These homes are usually fully furnished, featuring a blend of modern and traditional Greek design elements. The living room is spacious, often with large windows or a balcony that offers stunning views of the city or the Ionian Sea. The kitchen is typically equipped with essential appliances, and the bedrooms are comfortable, often with built-in wardrobes for storage. Some apartments may also have a small garden or patio area. Many expat homes in Igoumenitsa are located in buildings with additional amenities such as a shared swimming pool or a gym. Despite being in the city, these homes are often located in quiet, residential areas, providing a peaceful living environment," said one expat in Igoumenitsa.
What is the average cost of housing in Igoumenitsa?
If you are thinking about moving to Igoumenitsa, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Igoumenitsa can vary greatly depending on the location and size of the property. However, generally, the cost of housing is considered to be relatively affordable compared to other European cities. For instance, a one-bedroom apartment in the city center may cost around a few hundred euros per month to rent, while purchasing a property could be a few thousand euros per square meter. Please note that these are rough estimates and actual prices can vary," said one expat who made the move to Igoumenitsa.
Should I buy or rent a home in Igoumenitsa?
If you have not spent a lot of time in Igoumenitsa, 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 Igoumenitsa, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Igoumenitsa for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a sense of stability and permanence. On the other hand, renting a home in Igoumenitsa might be a better option if you're not planning to stay for a long time or if you prefer flexibility. Renting can also be a good choice if you're not ready for the financial commitment of buying a home, as it doesn't require a large upfront cost. Moreover, renting can give you a chance to live in the area and get a feel for the community before making a long-term commitment. It also allows you to avoid the responsibilities and costs that come with home ownership, such as maintenance and repairs. However, the real estate market in Greece has been on a steady rise, and buying a property in Igoumenitsa could potentially be a good investment. The city's beautiful coastal location and proximity to popular tourist destinations could make it a desirable place for holiday rentals or a future resale. In conclusion, whether you should buy or rent a home in Igoumenitsa depends on your personal and financial circumstances. It's important to carefully consider your long-term plans, financial situation, and lifestyle preferences before making a decision," remarked one member in Igoumenitsa.
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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