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Real Estate in Kavala, Greece | Expat Exchange
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Real Estate in Kavala, Greece

By Joshua Wood, LPC

Last updated on Jul 05, 2023

Summary: Expats and retirees talk about real estate in Kavala, Greece? How do you find a home in Kavala? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Kavala?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Kavala, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger house, depending on your needs and financial situation. Next, you should research the different neighborhoods in Kavala to find one that suits your lifestyle and preferences. Some areas might be closer to the city center, while others might be more residential or closer to the beach. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for rentals or properties for sale in Kavala, such as Spitogatos, XE, and HomeGreekHome. These websites allow you to filter your search based on your preferences, such as location, size, price, and type of property. In addition to online searches, you might also consider hiring a local real estate agent. They can provide valuable insight into the local market, help you negotiate prices, and guide you through the legal process of renting or buying a property in Greece. When you find a property you're interested in, arrange a viewing. This will give you a chance to inspect the property, ask questions, and get a feel for the neighborhood. If you decide to proceed with a property, you'll need to negotiate the terms of the lease or sale, and then sign a contract. It's recommended to have a lawyer review the contract to ensure your interests are protected. Finally, once the contract is signed, you can move into your new home in Kavala. Remember to set up utilities and change your address with any necessary institutions," said one expat who made the move to Kavala.

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What is a typical expat home or apartment like in Kavala?

"A typical expat home or apartment in Kavala, is often a blend of traditional Greek architecture and modern amenities. These homes are usually located in the city center or near the beach, offering stunning views of the Aegean Sea. They often feature spacious living areas, fully equipped kitchens, and one to three bedrooms. Some homes may also have a private balcony or terrace, perfect for enjoying the Mediterranean climate. The interiors are typically bright and airy, with high ceilings, large windows, and often a touch of Greek charm such as stone walls or mosaic tile floors. Many expat homes also come furnished, with comfortable, contemporary furniture. Some luxury apartments may also offer amenities like a swimming pool, garden, or even a rooftop terrace. Despite being in a foreign country, expats can expect modern conveniences such as high-speed internet, air conditioning, and modern appliances. The neighborhoods are usually safe, friendly, and within walking distance to local markets, restaurants, and cultural sites," said one expat in Kavala.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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What is the average cost of housing in Kavala?

If you are thinking about moving to Kavala, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Kavala can vary greatly depending on the location and size of the property. For instance, a one-bedroom apartment in the city center may cost around €300-€400 per month to rent, while a similar property outside the city center may be slightly cheaper. If you're looking to buy, prices can range from €1,000 to €1,500 per square meter in the city center, and from €800 to €1,200 per square meter outside of the city center. However, these prices can fluctuate based on the current real estate market conditions," remarked one foreigner who made the move to Kavala.

Should I buy or rent a home in Kavala?

If you have not spent a lot of time in Kavala, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Kavala, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Kavala for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a sense of stability and permanence. On the other hand, if you're unsure about your long-term plans or if your financial situation doesn't allow for the upfront costs of buying a home, renting might be a better option. Renting offers more flexibility, as you can move more easily if your circumstances change. It also means you won't have to worry about maintenance costs or property taxes, which are usually covered by the landlord. It's also worth considering the local real estate market in Kavala. If property prices are high and predicted to rise, buying could be a good investment. However, if prices are low or stagnant, renting might be more cost-effective in the short term. Lastly, consider your lifestyle preferences. Some people prefer the freedom and flexibility that comes with renting, while others prefer the stability and potential financial benefits of owning a home. It's important to weigh all these factors before making a decision," remarked one foreigner who made the move to Kavala.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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