Crete
Holiday homes and immigration

Crete's mild climate attracts interest from northern Europeans who want a holiday home or residence on the island. EU citizens have the right to freely buy property and reside with little formality. In the cities of Heraklion and Chania, the average price per square metre of apartments ranges from €1,670 to €1,700. A growing number of real estate companies cater mainly to British immigrants, followed by Dutch, German, Scandinavian and other European nationalities wishing to own a home in Crete. The British immigrants are concentrated in the western regional units of Chania and Rethymno and to a lesser extent in Heraklion and Lasithi.
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