Real Estate in Crete: Renovated vs New-Built—What’s Best for Investing?

Crete’s real estate market offers a unique choice between restored traditional homes and modern new-build properties. Renovated stone houses, often located in inland villages, are rich in character and history. They’re particularly attractive to buyers looking for authenticity and short-term rental potential.

On the other hand, new-built properties offer modern amenities, energy efficiency, and less maintenance. These are typically located near urban centers or coastal areas and attract a different segment of investors.

Choosing between the two depends on your budget, target market, and desired involvement in property upkeep. Both offer strong value if strategically located.