Buying a house or apartment in Chania, Crete. Property prices, trends and best practises for those looking to buy a residential property in Chania City, Platanias, Agia Marina, Akrotiri, Apokoronas, Kissamos or Palaiochora.
Buying a house or apartment in Chania, Crete. Property prices, trends and best practises for those looking to buy a residential property in Chania City, Platanias, Agia Marina, Akrotiri, Apokoronas, Kissamos or Palaiochora.
Interested in buying a house or apartment in Chania? Discover useful facts and the latest trends with ARENCORES, the experts in the real estate market of Chania, Crete.
The coronavirus crisis has disrupted the housing market in Chania. But with rates low and some property sellers anxious, first-time buyers could find a silver lining. Learn everything about Chania housing market through trends and averages.
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Property Type | Avg. Price* (€) |
---|---|
1 bedroom | 70,000 – 120,000 |
2 bedrooms | 90,000 – 220,000 |
3 bedrooms | 118.000 – 290.000 |
4 bedrooms | 150.000 – 345.000 |
Village House - 3 bedrooms | 50,000 – 200,000+ |
Detached Villa - 3 bedrooms | 220,000 – 500,000+ |
Luxury Villa - 4 bedrooms | 350,000 – 1,000,000+ |
*Average sale price over the past six months.
1.5 LT Fresh Milk: € 2.15 | 500 gr Bread: € 0,87 | 6 Eggs: € 2.30 |
400 gr. Gouda-Edam: €2.99 | Basic Lunchtime Menu: € 12.00 | Glass of Beer: € 2.5 |
Standard Men's Haircut: €15.00 | 1 liter (1/4 gallon) of gas: €1.67 | Utilities 1 month: € 154.00 |
Public Transportation (monthly ticket): €60.00 | Cost to Chania Airport: €24.00 | Ferry to Piraeus: €39.00 |
Chania’s property market could be set for a major hit as property owners consider pulling properties from the market during the coronavirus crisis. Sellers are already holding off from listing their homes and apartments, while those with properties already on the market face the possibility of cancelled transactions and stagnated campaigns.
Home and apartment sales jump to highest after the years of the economic recession (2008-2018), but big drop expected as coronavirus injects high uncertainty not only in the real estate market of Crete, Greece but also globally.
All information provided herein has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price or research updates without notice. ARENCORES make no representation, warranty or guaranty as to accuracy of any information contained herein. You should consult your property advisors for an independent verification of any information.
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Buying a house or apartment in Chania, Crete is a challenging task. With ARENCORES you can discover exclusively listed Houses & Apartments for sale in Chania or off-market properties. Before buying or selling a property in Chania visit our innovative platform to discover the real trends and opportunities in the market. We provide customized market research reports that reflect latest real estate trends, future directions, and as well as track down all unexplored avenues across market verticals to facilitate better decision making.