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Moving to Mykonos, Greece | Expat Exchange
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Moving to Mykonos, Greece

By Joshua Wood, LPC

Last updated on Feb 06, 2024

Summary: Moving to Mykonos, Greece: Expats, retirees and digital nomads talk about everything you need to know before moving to Mykonos.

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What do I need to know before moving to Mykonos?

When we asked people what advice they would give someone preparing to move to Mykonos, they said:

"Mykonos is a popular destination for expats due to its beautiful beaches, vibrant nightlife, and rich history. Before moving to Mykonos, it's important to understand the cost of living, which can be quite high, especially during the peak tourist season. The official language is Greek, but English is widely spoken, especially in tourist areas. However, learning some basic Greek phrases can be beneficial and appreciated by locals. The island has a Mediterranean climate with hot, dry summers and mild, wet winters. It's also known for its strong winds, especially in the summer. The healthcare system in Greece is generally good, but it's recommended to have comprehensive health insurance. There are several pharmacies on the island, but for serious medical issues, you may need to travel to a larger city. Public transportation is limited to a bus system, and taxis can be scarce and expensive. Many residents choose to rent or buy a scooter or car for getting around the island. The cuisine in Mykonos is typically Mediterranean, with a focus on fresh seafood, vegetables, and olive oil. There are plenty of restaurants and cafes, but eating out can be expensive. The island is generally safe, but like any tourist destination, it's important to be aware of your surroundings and take precautions against pickpocketing and other petty crimes. The Greek culture is very social and family-oriented, and locals are known for their hospitality. However, they also appreciate respect for their customs and traditions. The process of renting or buying property can be complex, so it's recommended to hire a local real estate agent. Finally, it's important to understand the Greek tax system, as Greece has a worldwide taxation policy, which means that tax residents are obliged to pay tax on their global income," said one expat who made the move to Mykonos.

How do I find a place to live in Mykonos?

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

"Finding a place to live in Mykonos, 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 luxury villa. Next, you should research the different areas of Mykonos to decide where you'd like to live. Some popular areas include Mykonos Town, known for its nightlife, and Ornos, which is more family-friendly. Once you've decided on a location, you can start your search for a property. There are several online platforms where you can find listings for rentals or properties for sale in Mykonos, such as HomeGreekHome, Spitogatos, and Airbnb for short-term rentals. You can also contact real estate agencies based in Mykonos, such as Mykonos Real Estate and Mykonos Properties. They can provide you with listings that match your criteria and arrange viewings. When you find a property you're interested in, make sure to inspect it thoroughly. Check the condition of the property, ask about any additional costs such as utility bills or community fees, and find out about the terms of the lease or sale agreement. If you're planning to move to Mykonos permanently, it might be worth hiring a lawyer to help you with the legal aspects of buying a property in Greece. Finally, once you've found your dream home and everything is in order, you can proceed with the rental or purchase process. This usually involves signing a contract and making a payment. Remember, finding a place to live in Mykonos can take time, so it's important to be patient and not rush the process," explained one expat living in Mykonos, Greece.

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

"A typical expat home or apartment in Mykonos, often reflects the traditional Cycladic architecture, characterized by whitewashed walls, blue doors and windows, and flat roofs. These homes are usually compact and cozy, designed to withstand the island's strong winds and hot summer sun. The interior is typically minimalistic, with a blend of modern and traditional Greek decor. The living area often features comfortable seating, a television, and sometimes a fireplace for the colder months. The kitchen is usually fully equipped with modern appliances, including a refrigerator, stove, and often a dishwasher. Bedrooms are typically modest in size, with comfortable beds and storage space. Many expat homes or apartments in Mykonos come with outdoor spaces like a terrace or balcony, offering stunning views of the Aegean Sea or the island's picturesque towns. Some may even have a small garden with local plants like olive trees and bougainvillea. Luxury properties might include additional amenities like a private swimming pool, outdoor dining area, or even a barbecue area. Despite the size or luxury level, most homes in Mykonos are designed to blend seamlessly with the island's natural beauty and traditional charm," remarked one expat in Mykonos, Greece.

What is the average cost of housing in Mykonos?

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

"The average cost of housing in Mykonos can vary greatly depending on the location and size of the property. For a typical one-bedroom apartment in the city center, the monthly rent can be quite high, while outside the city center, it can be somewhat lower. If you're looking to buy property, the average price per square meter in the city center is significantly higher than in the outskirts. Luxury villines and houses can cost several million euros. However, these prices can fluctuate based on the real estate market and other factors," said one expat in Mykonos.

Should I buy or rent a home in Mykonos?

If you have not spent a lot of time in Mykonos, 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 Mykonos, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Mykonos for a long period or frequently visit, buying a home could be a good investment. Owning a property in Mykonos can also provide a potential source of income through vacation rentals when you're not using it. However, buying a home involves a significant financial commitment and comes with additional costs such as maintenance, insurance, and property taxes. It also requires a long-term commitment, as selling a property can take time and may not always be possible at a profit. On the other hand, renting a home in Mykonos offers more flexibility. It's a good option if you're planning a short-term stay or if you're unsure about your long-term plans. Renting can also be more cost-effective in the short term, as it doesn't require a large upfront investment and the landlord is typically responsible for maintenance costs. In addition, renting allows you to experience living in different parts of Mykonos before deciding on your favorite area where you might want to buy a home in the future. It also gives you the opportunity to familiarize yourself with the local real estate market and property values. In conclusion, both buying and renting a home in Mykonos have their pros and cons. It's important to carefully consider your personal circumstances, financial situation, and long-term plans before making a decision. Consulting with a local real estate agent or financial advisor can also be helpful," replied a member in Mykonos.

What cultural faux pas should I try to avoid making in Mykonos?

We asked people in Mykonos if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:

"In Mykonos, it is considered disrespectful to refuse food or drink when offered by a host, as hospitality is a significant part of Greek culture. Dress modestly, especially when visiting religious sites, as Greeks are predominantly Orthodox Christians and showing too much skin can be seen as disrespectful. Avoid discussing politics and the country's economic situation, as these are sensitive topics. Do not take photos of people without their permission, especially the elderly and monks. It's also considered rude to wave with an open hand, as Greeks use this gesture to express dismissal or disrespect. Lastly, avoid littering or disrespecting the environment, as Greeks take pride in their beautiful islands," remarked one expat in Mykonos, Greece.

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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