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Try Greece When Trying to Pair Golf and Real Estate

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In response to sothebysrealty.com, searches for Greece and golf lifestyle increased by 205 percent from January through July of this 12 months, compared with the identical period in 2021. Also, Savvas Savvaidis, president and chief executive of Greece Sotheby’s International Realty, said that the corporate had $50 million in home sales in Greece in 2022 in areas or developments where golf is a major interest, compared with $10 million in 2017.

Many of the marketplace for golf homes in Greece is concentrated within the Peloponnese, but Glyfada, a suburb of Athens, and the island of Crete, also figure in.

Here’s a have a look at the actual estate markets within the three areas:

Situated in southern Greece, the Peloponnese is an enormous peninsula that covers greater than 8,200 square miles. Ms. Katopis-Lykiardopulo said that the region had Tuscan-like rolling hills and olive groves and an extended, scenic coastline. “It’s incredibly beautiful and definitely the guts of golf and golf homes in Greece,” she said.

Costa Navarino, within the southwest Peloponnese within the Messenia region and a few three-hour drive southwest of Athens, is an almost 2,500-acre golf-centric development with 4 18-hole courses. The Dunes Course, featuring views of mountains and tall sand dunes and designed by the German skilled golfer Bernhard Langer, opened in 2010, together with the primary phase of the resort. The Bay Course, designed by Robert Trent Jones II and notable for its unobstructed sea views, followed the following 12 months.

Two more courses, designed by the Spanish skilled golfer José Maria Olazábal, opened in February and have views of the Ionian Sea and Bay of Navarino. Nuno Sepúlveda, Costa Navarino’s general manager of golf, said that although the courses were private, membership was not required to play; the associated fee is about $240 a round. “Anyone is welcome,” he said.

Costa Navarino also has three hotels,: the Romanos, a Luxury Collection Resort; the Westin Resort Costa Navarino; and W Costa Navarino. A Mandarin Oriental is scheduled to open in 2023.

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