Overseas property
Articles
Articles about a property in Greece
Article snippet
Tranio logo

The top 5 Greek villages for retirement

Spending one’s retirement years abroad in a location with a better climate and living conditions is a consideration for those who can afford it, but desirable European destinations such as Spain, Portugal and Malta are not affordable for many pensioners. However, moving to Greece is quite a different matter as the country offers a similar quality of life at a lower cost.

Why Greece?

Greece is the perfect place for pensioners to retire comfortably. This is partly due to its geographical location: the country lies in the south of the Balkan Peninsula and islands in the Ionian, Mediterranean and Aegean seas. There is a short warm winter, during which the temperature rarely falls below 10 °C, and dry hot summers (26–29 °C).

Greeks also live long lives, largely because of the Mediterranean diet, which is known to regulate cholesterol levels and prevent the development of heart disease. Fruits, vegetables, potatoes, whole grains, rice, beans, nuts, chickpeas, lentils, herbs and olive oil are the main components of this diet.

Property for pensioners in Greece
The average life expectancy in Greece is higher than in most other European countries: 78 years for men and 83 years for women compared to an average of 83 and 80 years respectively syressen / Depositphotos

One of the advantages Greece has over other retirement destinations is its affordability. Greek real estate prices plummeted after the 2008 crisis and are currently much lower than most European countries. According to the German web portal Statista, at €2,846/m², property in Greece is 20% cheaper than in Malta, 25% cheaper than in Portugal and 35% cheaper than in Spain.

While the Greek islands and Athens have a constant flow of tourists, small towns only a few hours away from Athens are great places to live for those seeking seclusion as one can combine a simple and relaxed lifestyle with days off in the city or on the coast.

Kyriaki

The village of Kyriaki, with a population of only 2,000, is located on the western slope of Mount Helikon, two hours by car from Athens. It is picturesque, and is only seven kilometres from the Corinthian Gulf.

Property for pensioners in Greece
Sogal / Wikimedia

Attractions in or around the village include the Church of St. John The Baptist in the central square, the old chapel of Agios Nikolaos and Aravnica Park. it is believed that a walk in the coniferous forest there brings relief from insomnia and fatigue.

Goura

The picturesque settlement of Goura was built at the foot of Mount Zireia in the Olvios river valley, a 2.5-hour drive from Athens. According to visitors, the town recalls the atmosphere of early-19th century Greece. Zireia's hills are dotted with fir trees and make a great place for hiking or car trips.

Property for pensioners in Greece
Georgios Pazios / Wikimedia

Hrisso

The village of Hrisso, with a population of just over 700, lies at the foot of Mount Parnassus, 2.5 hours by car from Athens. Traditional stone churches are preserved in Hrisso, and the village itself is surrounded by beautiful olive groves.

Costas78 / Wikimedia

The monuments of Delphi, which are on the UNESCO heritage list, are just three kilometers from Hrisso. According to myths, it was here that two eagles, sent by Zeus from opposite ends of the Earth, met to find the "navel of the Earth".

Polydrosos

Polydrosos is another village built on the slope of Parnassus, but located a little closer to Athens. The journey to the capital takes about two hours. Today, about 1,000 people live in Polydrosos.

Hansi667 / Wikimedia

A few kilometres from Polydrosos are the small settlements of Lilea and Ano Polidroso, as well as the famous Byzantine monument – the temple of Paleopanagia. People who like long walks can visit the village of Arahova on foot by taking a path that goes through a large national park. The largest ski resort in Parnassus, which will please those who enjoy winter sports, is within a 30-minute drive from Polydrosos.

Steni

The village of Steni is located on the slopes of Mount Dirfi on the island of Evia. Two bridges that connect Greece’s second-largest island with the mainland make the journey from Steni to Athens shorter than two hours by car.

Property for pensioners in Greece
Nikos Patsiouris / Flickr

Originally published on Expat.com

Subscribe not to miss new articles

We will send you a content digest not more than once a week

Subscribe
    By subscribing you accept the User agreement

    Done!

    Tranio’s managers offer advice on buying real estate in Greece
    Inna Klimaeva
    Inna Klimaeva
    Real Estate Expert
    +44 17 4822 0039
    Send a request
      When you submit a request, you agree to our terms and conditions
      • Residence permit support
      • Mortgage rates from 3.5%
      Ask a question

      Ask a question

      Send a request
        When you submit a request, you agree to our terms and conditions