I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for..
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...
@@TylerMohn-g9l The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
I bought a beautiful house in the Andalucían mountains of Spain for under $50K. No renovations needed. Marble balconies, double oak entry doors, 3,000 sq ft in a town with all amenities. Close to Granada, Almeria and Málaga. I've been here 4 years and it"s been the best years of my life.
@@touemma2399This is a very affordable area of Spain. Check out real estate in Serón Spain and talk to some agents. My costs are 1/10 of what I paid in the USA.
One of the biggest mistakes people make when planning on living in another country is buying a house before you have lived in that country. You should rent for at least 6 months in the area you plan on buying in, that way you will find out many of the every day things you need to know to see if it will work for you.
In Greece - especially away from Athens/Thessaloniki/Patra - you wont find: Security, Health Services, well paved roads, affordable gas/petrol/taxes/elementary policing/affordable legal services and/or a just judicial system. The sites in the video have nothing to do with seaside affordable houses in a good condition. Property close to the sea is for millionaires. If you decide to come, either as a visitor or as an investor, do so at your own risk. We call our country "the European Colombian Banana Republic"....
Αγαπητέ μου εσύ την πάρα ξεφτυλισες την χώρα μας !!!! Είπαμε πώς έχει παθογένειες , αλλά εσύ το ανήγαγες σε κυνήγι αλυτου μυστηρίου!!! Το εκαψες λέμε!!
I've been to many areas of Crete, they all had nicely paved roads, and services. You can buy affordable real estate near the coasts everywhere I went. Many people don't want a city vibe, they want a small village and to be away from traffic and overpopulation.
There is lots of sugar coating here, but the reality is these are all renovation-projects that can cost you another $50K easy, but in the end they will be worth it. I myself will be interested in a small house with some olive and citrus trees, away from big city.
Thanks for the comment. I don't think you would need 50K to fix up these homes, that would be more a budget for 1 Euro home. For these I believe 20-25K would be enough. But in the end I am not a contractor so just my humble opinion.
I really appreciate this video. I have wanted to move to Crete for decades and I'm going to Heraklion and Chania for 12 days in October so I love hearing this.
Crete has become expensive. Whilst you will find a cheap house, it will be in a village, not close to the beach and will need a lot of work. Crete is MAGNIFICENT!
Could be heaven or a nightmare. My advice: take your time, visit the country, travel around (not only the tourist areas), mingle with the local people, stay for a while in various places, be patient and open minded and don't rush into buying property before you know what you are doing. Expect different laws, taxation systems and customs. There are no unique buying oppurtunities! Should you miss one there are plenty of others!
As a Cypriot living in the north l can assure you that the prices in Cyprus are three or four times more expensive than the prices in Greece even the most luxurious coastal areas can’t be compared a beachfront studio apartment can go up to Two hundred thousand pounds
@@tolgaucar-gl1vm Russians Germans Scandinavians because they are looking for a warmer climate. Not sure about Persians and Arabs moving there, maybe buying, yes. I do know Greeks don't want Israeli's there.
Kefalonia is a great island in Greece with great beaches and clear blue waters. it is a big island with all the conditions to live permanently and safely as it provides all the services for a safe permanent residence
Those properties are all within reach plus the additional spend on renovations etc! But you still gotta have £4200 a month income for yourself and a partner by way of pensions or other assets if you to apply for f.i.p. residency , at least that is my understanding? Unfortunately i dont have 50k a year incoming.
Greek islands are very beautiful green and cheap to live. Buy now on Crete a mix of European and Moorish culture in old architecture. Very nice people and good food Calamares Tzaziki,Dolmades ...Rethymnon Sito Anissaras ....Heraklion... or Ghania anywhere. Americans go there to shoot their publicity movies...that says a lot. Culturally very close to the American thinking simple and good My favorite southern European country Nice and clean beaches. The greek are more than the Italians the Gente di mare except for the boot o Italy. It is comparable to the place where Donatella Versace comes from.
I don’t like to live in a place where I don’t understand the language…I can live in all America from North to South since I can speak English, Spanish and French. Sorry but to me understanding what goes on around me is extremely important. And I don’t feel like learning another language in my retirement years. Greece would be a great place for vacation time, visiting historical sites, enjoying its beaches and food…but living there would be another story. ❤
With AI technology, your PHONE can translate anything for you and back again. You can tell ChatGPT to listen while a Greek (or anything else) speaker says something, it will translate it for you and then translate the answer back to Greek for the other person. There is virtually no language on the planet it's not yet trained on, and it's stunningly accurate. Languages are no longer an issue.
Then why are you even here watching this video....No need for irrelevant comments like yours! I may not like the kind of houses this video is showing or might have insight into the locations it is suggesting but at least, at the very minimum, one is here to view the possibility of retiring abroad....
How much renovation ? I would love to have a place in Greece with a small garden. Can you recommend any good sites and information about buying and everything to do with lawyers who always have a terrible reputation
Thank you for your comment. I will be releasing a step by step guide about purchasing a property in Greece on Sunday. Check out these two websites for properties: Spitogatos.gr and xe.gr
@johnfox9370 Check out this website John, best for affordable properties in Greece. You can amend the search as per your requirements and budget. www.spitogatos.gr/en/for_sale-homes/cyclades/maxprice-50000/page_2
@sandrine27100 Thank you for your comment. I have found so many properties within this budget. Anyway, I am going to Greece next month, will check the market in real.
I love the idea of Greece but no one talks about Greece proper. It’s all about the islands. Would I have to spend my declining years climbing steps in town? I’m 77 and reasonably fit, mostly from walking trails in Arkansas. Trump is going to give the country to Pootin so I’m thinking: leave b4 that happens. I’m not poor but I have real problems with the sun, like a lot of people with a UK heritage. Is English a common language in Greece?
it’s difficult enough if not impossible dealing with United States contractors just imagine dealing with contractors in a foreign country and not speaking the native language big problem
And plus you guys are going to do the exact same thing that you did in Mexico all the foreigners started coming into Mexico moving their living there with your families and guess what all the prices went up so now it’s not so cheap now is it good job great job it’s hurt them in the greedy people
For EU citizens buying a property in Greece is easy, easier than for non-EU. EU citizens do not need any visa nor permit to buy and reside in Greece so the process is pretty straightforward.
I think it's a personal preference, Athens is about 20 miles away from the airport, which may be enough to reduce the noise and air pollution from the airplanes. If you are looking outside of the city, then check for public transport to avoid taxi fares.
@@marylydon9897 Check out some sites for Sicily properties www.kyero.com/en/italy-property-for-sale-0l55732?f%5B%5D=near_beach . And look around Catania or Palermo areas, both have international airports and close to beach.
As an EU citizen you do not need a residence permit for purchasing a house in Greece. You will only need to register at the local office where your house will be if you are planning to stay there for more than 3 months.
You do realise foreigners buying allnthis cheap property is pricing the greeks out of their own country, the greeks dont earn as much as us, hence their property is cheaper. So what will happen to the greeks? 😢
In rural Greece you can find a lot of cheap houses who are for a long time on the market and just rot away. Meaning that Greek people aren't interested in them probably because they can't meet their needs e.g. infrastructures, jobs, schools, recreation etc. or need a lot of time, effort and money to renovate. But sometimes these houses and areas fit somehow to the foreigners immagination of living in Greece. I see it more as a win-win situation
You Greeks only have your selves to blame. Instead of waiting outside someone's house waiting for them to die to get their belongings, perhaps you should have looked to the future. The world doesn't owe you a living. The world is now getting closer to a cashless society. What will you Greeks do when you have to pay taxes?
Really? Ive been so many times all over Greece and the houses are expensive and broken down and expensive life .. three months in Agios spend £5000 the hospitals ripping you off....
If your expenses are $5000 for 3 months - consider yourself lucky. My basic expenses for 3 months are over $7K. If you have Greek health insurance, aren't all your healthcare needs covered?
And get unreasonably taxed for the rest of your life! Plus no hospitals, especially on smaller islands, lack of medicine and primary healthcare...really a treat for the retired! Get real!
I just returned from Europe, visited Germany, Luxembourg, Belgium, Netherlands, Austria, Czech Republic and Italy and from all those countries Italy was the second cheapest (after Czech)
@@Chloe-hu9tf Excuse me!!!!! I'm Greek and I'm proud about that!! My name is Sophia and I'm living in a small village right now with lots of strawberries. Thank you stranger!!!!!!!
@@kosmashionidis I thought we were sold to everyone!!!! Anyway, we are still alive and we are going to have our country back. Honestly I don't loose my hope!!!
Nope Golden years? 50.000? 😂 to stay here you must be Eu citizen For the rest Golden visa it cost 500.000 so you need a house for this price Islands? 😂 Just see the video for your holidays 🇬🇷
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for..
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...
@@TylerMohn-g9l That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@FlorentGulliver My advisor is VICTORIA CARMEN SANTAELLA;
You can look her up online
@@TylerMohn-g9l The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
I bought a beautiful house in the Andalucían mountains of Spain for under $50K. No renovations needed. Marble balconies, double oak entry doors, 3,000 sq ft in a town with all amenities. Close to Granada, Almeria and Málaga. I've been here 4 years and it"s been the best years of my life.
That's great, I am happy to hear you are having the best years of your life ❤. Sending a big hug to Andalusia!
@@ExpatTheExplorer ¡Gracias!
I would like you to give info about life affordability there, services and security, as we are looking to buy either in Italy or Spain. Thank you
how far are you to the hospitals in case of an emergency?
@@touemma2399This is a very affordable area of Spain. Check out real estate in Serón Spain and talk to some agents. My costs are 1/10 of what I paid in the USA.
One of the best video on UA-cam. Doesn’t give useless general info but straight to the point. I hope to purchase a small house in Crete this year.
Thank you, I am glad you find it helpful. Good luck with your house hunt in Crete!
Good luck finding anything at this price.
One of the biggest mistakes people make when planning on living in another country is buying a house before you have lived in that country. You should rent for at least 6 months in the area you plan on buying in, that way you will find out many of the every day things you need to know to see if it will work for you.
In Greece - especially away from Athens/Thessaloniki/Patra - you wont find: Security, Health Services, well paved roads, affordable gas/petrol/taxes/elementary policing/affordable legal services and/or a just judicial system. The sites in the video have nothing to do with seaside affordable houses in a good condition. Property close to the sea is for millionaires. If you decide to come, either as a visitor or as an investor, do so at your own risk. We call our country "the European Colombian Banana Republic"....
Thank you for your honesty.
So are you saying healthcare is lacking in Crete, Greece?
Αγαπητέ μου εσύ την πάρα ξεφτυλισες την χώρα μας !!!! Είπαμε πώς έχει παθογένειες , αλλά εσύ το ανήγαγες σε κυνήγι αλυτου μυστηρίου!!! Το εκαψες λέμε!!
I've been to many areas of Crete, they all had nicely paved roads, and services. You can buy affordable real estate near the coasts everywhere I went. Many people don't want a city vibe, they want a small village and to be away from traffic and overpopulation.
@@kims1912 Very well said. After living in cities for decades I can't stop thinking about a little house in an olive grove.
There is lots of sugar coating here, but the reality is these are all renovation-projects that can cost you another $50K easy, but in the end they will be worth it. I myself will be interested in a small house with some olive and citrus trees, away from big city.
Thanks for the comment. I don't think you would need 50K to fix up these homes, that would be more a budget for 1 Euro home. For these I believe 20-25K would be enough. But in the end I am not a contractor so just my humble opinion.
I really appreciate this video. I have wanted to move to Crete for decades and I'm going to Heraklion and Chania for 12 days in October so I love hearing this.
@HerrinSchadenfreude Thank you for nice comment, I am really happy you enjoyed my video. Wishing you a fabulous time in Crete ❣
Crete has become expensive. Whilst you will find a cheap house, it will be in a village, not close to the beach and will need a lot of work. Crete is MAGNIFICENT!
Wow! Your definition of "well appointed kitchen" vastly differs from mine....so does the term "picturesque" for that matter.
@@buildingthegreatpyramid Yes, I listened to him. Thank you.
@@buildingthegreatpyramid"Listen to him"... Don't you mean "Listen to the AI" lol?
Mainland Greece and Crete is best option. I personally like thje environment of Sivota.
@stephanosgreco2602 Crete is magic. I will be travelling to Athens in October for the first time.
Could be heaven or a nightmare. My advice: take your time, visit the country, travel around (not only the tourist areas), mingle with the local people, stay for a while in various places, be patient and open minded and don't rush into buying property before you know what you are doing. Expect different laws, taxation systems and customs. There are no unique buying oppurtunities! Should you miss one there are plenty of others!
@DG1965 Thanks a lot for your comment. What a great advice!
As a Cypriot living in the north l can assure you that the prices in Cyprus are three or four times more expensive than the prices in Greece even the most luxurious coastal areas can’t be compared a beachfront studio apartment can go up to Two hundred thousand pounds
That’s really good to know. Another reason to move to Greece 😀
Is that because the Brits are escaping their expensive taxed life?
@@bwana-ma-coo-bah425 not only Britain but also Russians lsraelis Persians Germans Arabs Scandinavians
@@tolgaucar-gl1vm Russians Germans Scandinavians because they are looking for a warmer climate. Not sure about Persians and Arabs moving there, maybe buying, yes. I do know Greeks don't want Israeli's there.
Kefalonia is a great island in Greece with great beaches and clear blue waters. it is a big island with all the conditions to live permanently and safely as it provides all the services for a safe permanent residence
Thank you for the comment. Kefalonia is a beautiful island, thankfully without the mass tourism.
I would hate to live on any Greek island between November and April. Miserable, cold and windy
Great video and I hope there are more videos like this 👍
Thank you ! There is more coming out 🔜
Those properties are all within reach plus the additional spend on renovations etc! But you still gotta have £4200 a month income for yourself and a partner by way of pensions or other assets if you to apply for f.i.p. residency , at least that is my understanding? Unfortunately i dont have 50k a year incoming.
Greek islands are very beautiful green and cheap to live. Buy now on Crete a mix of European and Moorish culture in old architecture. Very nice people and good food Calamares Tzaziki,Dolmades ...Rethymnon Sito Anissaras ....Heraklion... or Ghania anywhere. Americans go there to shoot their publicity movies...that says a lot. Culturally very close to the American thinking simple and good My favorite southern European country Nice and clean beaches. The greek are more than the Italians the Gente di mare except for the boot o Italy. It is comparable to the place where Donatella Versace comes from.
Very well said. The food is delicious, no doubt and beaches are serene.
I don’t like to live in a place where I don’t understand the language…I can live in all America from North to South since I can speak English, Spanish and French. Sorry but to me understanding what goes on around me is extremely important. And I don’t feel like learning another language in my retirement years. Greece would be a great place for vacation time, visiting historical sites, enjoying its beaches and food…but living there would be another story. ❤
I guess moving to another country is not for everyone. Some welcome the adventure and some don't. ❣
So why are you watching this video which title says “retiree in Greece” not “ vacation in Greece?
With AI technology, your PHONE can translate anything for you and back again. You can tell ChatGPT to listen while a Greek (or anything else) speaker says something, it will translate it for you and then translate the answer back to Greek for the other person. There is virtually no language on the planet it's not yet trained on, and it's stunningly accurate. Languages are no longer an issue.
Then why are you even here watching this video....No need for irrelevant comments like yours! I may not like the kind of houses this video is showing or might have insight into the locations it is suggesting but at least, at the very minimum, one is here to view the possibility of retiring abroad....
60%of Greeks speak English! So what’s your problem!!
How much renovation ? I would love to have a place in Greece with a small garden. Can you recommend any good sites and information about buying and everything to do with lawyers who always have a terrible reputation
Thank you for your comment. I will be releasing a step by step guide about purchasing a property in Greece on Sunday. Check out these two websites for properties: Spitogatos.gr and xe.gr
@@ExpatTheExplorer Thank you 🙂↔️ However I can’t read nor understand Greek so don’t know how to translate the pages
@@londonbabe2467 www.spitogatos.gr/en Here is link in English.
@@ExpatTheExplorer Thank you. I will peruse the information later
Good luck with your search!
Where is the website to buy?
@johnfox9370 Check out this website John, best for affordable properties in Greece. You can amend the search as per your requirements and budget. www.spitogatos.gr/en/for_sale-homes/cyclades/maxprice-50000/page_2
Respect Greeks
I m Greek NO way to buy a small house on this budget. In case u find a small apartment will need renovation so as to live in
@sandrine27100 Thank you for your comment.
I have found so many properties within this budget. Anyway, I am going to Greece next month, will check the market in real.
I love the idea of Greece but no one talks about Greece proper. It’s all about the islands.
Would I have to spend my declining years climbing steps in town? I’m 77 and reasonably fit, mostly from walking trails in Arkansas. Trump is going to give the country to Pootin so I’m thinking: leave b4 that happens.
I’m not poor but I have real problems with the sun, like a lot of people with a UK heritage. Is English a common language in Greece?
it’s difficult enough if not impossible dealing with United States contractors just imagine dealing with contractors in a foreign country and not speaking the native language big problem
This is not the United States its Greece 🇬🇷 and lurn the Language..😮
Try dealing with Indian anything 😅
The properties which you see here are super expensive....you could find a lot Cheaper places if you go on a spot
I think anything less than these prices would be in a bad shape and require extensive renovation.😊
There is also karagkiozi's house on sale ,under 30000....
You’re funny 😄
And plus you guys are going to do the exact same thing that you did in Mexico all the foreigners started coming into Mexico moving their living there with your families and guess what all the prices went up so now it’s not so cheap now is it good job great job it’s hurt them in the greedy people
Engels and Volkers approves this video
@georgegeorgakopoulos5956
That's so nice of them 😆
Is the process of purchasing a property for EU citizens simple and easy in Greece or the same as the non EU citizens?
For EU citizens buying a property in Greece is easy, easier than for non-EU. EU citizens do not need any visa nor permit to buy and reside in Greece so the process is pretty straightforward.
How far from airport could a house be purchased .
I think it's a personal preference, Athens is about 20 miles away from the airport, which may be enough to reduce the noise and air pollution from the airplanes. If you are looking outside of the city, then check for public transport to avoid taxi fares.
Im looking for a house in Scilly , close to airport and.beach , thanking you in.advance , a holiday home..
@@marylydon9897 Check out some sites for Sicily properties www.kyero.com/en/italy-property-for-sale-0l55732?f%5B%5D=near_beach . And look around Catania or Palermo areas, both have international airports and close to beach.
Can someone please tell me....does one require a residence permit to buy a place and live in Greece? I have a EU passport.
As an EU citizen you do not need a residence permit for purchasing a house in Greece. You will only need to register at the local office where your house will be if you are planning to stay there for more than 3 months.
Greece got ruined by the lack of border controls
Yes, that is an ongoing issue in Europe and Greece unfortunately suffers the most.
You do realise foreigners buying allnthis cheap property is pricing the greeks out of their own country, the greeks dont earn as much as us, hence their property is cheaper. So what will happen to the greeks? 😢
Thank you for your input.
In rural Greece you can find a lot of cheap houses who are for a long time on the market and just rot away. Meaning that Greek people aren't interested in them probably because they can't meet their needs e.g. infrastructures, jobs, schools, recreation etc. or need a lot of time, effort and money to renovate. But sometimes these houses and areas fit somehow to the foreigners immagination of living in Greece. I see it more as a win-win situation
You Greeks only have your selves to blame. Instead of waiting outside someone's house waiting for them to die to get their belongings, perhaps you should have looked to the future. The world doesn't owe you a living. The world is now getting closer to a cashless society. What will you Greeks do when you have to pay taxes?
Really? Ive been so many times all over Greece and the houses are expensive and broken down and expensive life .. three months in Agios spend £5000 the hospitals ripping you off....
If your expenses are $5000 for 3 months - consider yourself lucky. My basic expenses for 3 months are over $7K. If you have Greek health insurance, aren't all your healthcare needs covered?
Moving to Crete to retire in2025
That’s amazing! All the best with your new adventure.
who watched this because of our wef government in holland?
Looks like nobody is watching from Holland 🤷🏻♀️
@@ExpatTheExplorer too busy drinking beer and watching football I guess
@@JesseCrucible It is the same here in Czech, beer and football rule the world🤣. If they are in Greece they could be sipping wine and watch sunset 😎
There is always an exception.
And get unreasonably taxed for the rest of your life! Plus no hospitals, especially on smaller islands, lack of medicine and primary healthcare...really a treat for the retired! Get real!
I wonder how thousands of people happily live on the islands if the conditions are as primitive as you say.
Crete is overrun with tourists. As a result, you have to live in ‘disneyworld’
Well, it's not just Crete with the large amount of tourists, its Spain, Italy, Greece, Austria, Amsterdam etc. People just love to travel.
I miss the days when humans did the narration
@cameronhay8759 Watch my latest video, there is a human doing narration :)
And Greece is very expensive, so is Italy
I just returned from Europe, visited Germany, Luxembourg, Belgium, Netherlands, Austria, Czech Republic and Italy and from all those countries Italy was the second cheapest (after Czech)
Retirement retreat
Absolutely ❣
Never buy property in another country unless you can get citizenship. Cheaper and less risk to rent.
Think old age, healthcare. Your choice in Greece is the very limited
Unfortunately there is a huge language barrier for most.
Incorrect actually.
Greeks speak and/or understand English…….unlike many Southern European countries.
@wchunt8988 I am going to Greece next month so I will see if they speak English or if it's a struggle
Stay back !!!!! We don't sell our country!!!!
They already sold it to the Chinese
dz3tr8qf2o, U are not greek... so it is not your country
@@Chloe-hu9tf Excuse me!!!!! I'm Greek and I'm proud about that!! My name is Sophia and I'm living in a small village right now with lots of strawberries. Thank you stranger!!!!!!!
@@kosmashionidis I thought we were sold to everyone!!!! Anyway, we are still alive and we are going to have our country back. Honestly I don't loose my hope!!!
@@ΣοφίαΓαιταντζιδη laughs in Australian 😂😂😂😂
Turks might take Greece back 😀
Let’s hope that will never happen. 🙏
Και εμεις την Ιωνια τον Ποντο και την Καππαδοκια.. Ηλιθιε,,,,...
Και εμεις την Ιωνια Τον Ποντο και την Καππαδοκια. ΥΠΑΡΧΕΙ ΠΙΟ ΓΡΑΦΙΚΟΣ ΛΑΟΣ ΑΠΟ ΕΣΑΣ???
Hm....AI stuff
The music is so loud that I stopped watching the video. So annoying!
Thanks for the comment !🌹
Nope Golden years? 50.000? 😂 to stay here you must be Eu citizen
For the rest Golden visa it cost 500.000 so you need a house for this price
Islands? 😂 Just see the video for your holidays 🇬🇷
Thank you for the comment. You can get the FIP visa if you are non-EU citizen, without the need to spend 500K on a house.
Probably has no electricity or water ...
They are all connected to utilities
S Q meters for everyone!
@carloslx Cheers!