Your budget goes further in Greece than you might expect. Here are five properties available for less than €150,000 – from a recently built Peloponnese villa with a pool to a freshly renovated village house built in 1750.
Greece consistently offers some of the best value for money in European property, and the good news is you don’t need a large budget to find something genuinely special. Whether you’re drawn to the mountains of the Peloponnese, the traditional villages of Crete or a bright coastal apartment within striking distance of the beach, there’s real choice at this price point. Here’s what’s on the market right now for less than €150,000.
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Contents
- A 276-year-old village house in the Peloponnese – €130,000
- A new-build villa with jacuzzi in southern Crete – €140,000
- A renovated stone house in a Cretan village – €140,000
- A bright apartment a kilometre from the beach near Chania – €125,000
- A detached house with a pool near Kalamata – €145,000
- Making your budget work harder
A 276-year-old village house in the Peloponnese – €130,000
Built in 1750 and fully renovated in 2024, this two-bedroom, two-bathroom house in Prastos sits in a protected forest area on the slopes of Mount Parnon. The 110m² property has been brought thoroughly up to date – new roof, new electrical and plumbing systems, new bathrooms and kitchen – while keeping every bit of its original character.
The house is configured as two independent apartments of 55m² each, which gives you real flexibility: live in one half and rent the other, host friends and family without anyone being on top of each other or use the whole property as one generous home. The upper floor has a fireplace, a kitchen and a balcony with views across the Arcadian forests and village rooftops. Outside, there’s a paved inner courtyard and a garden well suited to growing your own fruit and vegetables.
Prastos is a quiet mountain village about 40 minutes by car from the coastal town of Astros. If you’re looking for a slower pace of life, fresh air and the kind of setting that feels genuinely removed from the everyday, this property is worth a serious look.
A new-build villa with jacuzzi in southern Crete – €140,000
For those who want to be in from day one, this one-bedroom villa in Asomatoi is part of a new development on Crete’s southern coast. The one-bedroom bungalow option starts at €140,000 and comes with a private jacuzzi, kitchen appliances and air conditioning. Furniture packages are available at an additional cost.
The development sits just outside the village of Asomatoi, a few minutes from the Kourtaliotiko Gorge waterfall, and around 7.5km from the celebrated Preveli Beach with its palm-lined river lagoon. Plakias, a small but well-served seaside town, is ten minutes away. The architectural style takes its cues from the classic white-and-stone aesthetic associated with the Cyclades islands, reinterpreted for the quieter, less touristy south coast.
Crete has the longest holiday rental season of any Greek island, running from April through to November, which makes this type of property attractive to buyers thinking about rental income as well as personal use. However, there’s no rental commitment – the property is yours to enjoy as you choose.
A renovated stone house in a Cretan village – €140,000
The village of Kritsa, in the Lasithi region of eastern Crete, is one of those places that manages to feel genuinely local even in the height of summer. This one-bedroom stone house sits on a quiet lane in the heart of the village, and its renovation – completed very recently – has been done with real care. Wooden ceilings, natural stone features and traditional window frames have all been preserved, while the kitchen, bathroom and fittings are modern throughout.
At 65m² across two floors, it’s compact but practical. The ground floor has a living room with a double sofa-bed, a double bedroom and a shower room. Upstairs, a fully equipped open-plan kitchen opens onto a balcony with views of the surrounding village and mountains beyond. The stone construction keeps the house cool in summer and warm in winter without heavy reliance on heating.
Kritsa is only 7km from Agios Nikolaos, with its beaches, restaurants and transport links, and a regular bus service connects the village to Heraklion and beyond. For a lock-up-and-leave holiday home or a year-round base in an area with genuine community life, this is a very well-priced option.
A bright apartment a kilometre from the beach near Chania – €125,000
If you’re looking for the lowest entry point in this list, this renovated one-bedroom apartment in Kalathas comes in at €125,000 – and it’s ready to use straight away. Kalathas is a residential coastal area to the north of Chania, less than ten minutes from the international airport and about 15 minutes from the city’s famous old town. The beach is a kilometre away on foot.
The apartment itself is 40m² on the first floor of a well-maintained building. The renovation has been done to a good standard, with a modern open-plan kitchen, a comfortable bedroom with large windows and a private balcony – a decent-sized outdoor space for this price point, suited to morning coffee or evening meals outdoors. Air conditioning is installed throughout.
At this size and location, it’s a natural fit for short-term letting – Kalathas is in high demand among visitors to the Chania region – or as a low-maintenance holiday base that gives you easy access to one of Crete’s most appealing cities.
A detached house with a pool near Kalamata – €145,000
Built in 2024, this two-bedroom detached house in Madena offers something that’s genuinely hard to find at this price: a private swimming pool, a 600m² plot and a near-new finish. The house itself is 60m², with an open-plan living room and kitchen, two bedrooms, a bathroom and an internal storage room. It’s practical, well maintained and move-in ready.
Madena is a quiet area close to the town of Messini in the southern Peloponnese. The sea is about four kilometres away, Kalamata International Airport is nine kilometres away, and the city of Kalamata – with its airport connections, restaurants and services – is within easy reach. The Peloponnese as a whole is somewhat overlooked by overseas buyers compared with the islands, which means property here still offers genuine value.
Whether you’re after a summer retreat, a rental investment or a permanent base in the Greek countryside with a pool on the doorstep, this ticks a lot of boxes for a budget of well under €150,000.
Making your budget work harder
One thing that catches buyers out when purchasing overseas is the impact of exchange rate movements. The difference between a good rate and a poor one can add up to thousands of pounds on a purchase at this price point. Our currency partner, Smart Currency Exchange, specialises in helping overseas property buyers protect their budget – and can talk you through options like forward contracts, which let you lock in a rate before you’re ready to transfer.
If any of these properties have caught your eye, our Greece property specialists are on hand to help you take the next step. You can also download our free guide to buying in Greece for a clear overview of the buying process, legal requirements and what to expect at each stage.
