Marina Paxos, Ionische Inseln Griechenland

Discovered 30 years ago by seclusion lovers, Paxos is today the definition of a secretive real estate destination known to a few connoisseurs. Preserved by strict building regulations and by its relative isolation from mass tourism the island's property market grows in an exclusive fashion. Villas for sale are a rarity and when they appear in the market they are quickly purchased by international buyers that see in Paxos both capital appreciation as well the immediate lifestyle benefits of a family holiday home. Prices are currently between €4,000 and €5,000 per square meter for countryside homes, €6,000 - 7,000 for sunset and sea view panoramic house and over €10,000 for the occasional rare waterfront or beachfront villa. Due to the lack of inventory home pricing, currently at a fraction of the cost of established locations in the Mediterranean, will be on the rise for the five years at least. COVID 19 crisis made Paxos an even more attractive property destination due to its relative isolation and privacy.