Afandou, located on the northeast coast of Rhodes about 20 km from Rhodes Town, is known for its quiet village character, long sandy beach and 18-hole golf course. Now Afandou is about to undergo a major transformation, offering interesting opportunities for both property buyers and investors. In this blog, we explain why investing in Afandou is a smart and future-proof choice.
The Mitsis Group will invest around €250 million in the redevelopment of the golf course and associated infrastructure. The aim is to increase the island’s appeal to the international luxury travel market. In addition to modernising the 18-hole golf course, the project includes the construction of three luxury hotels, a marina, a shopping centre and tourist accommodation.
At present, visitors to the golf course are largely limited to local residents. Through modernisation, Mitsis Group aims to quadruple the number of daily visitors and attract more international customers. In addition, the project will also support employment growth and give Rhodes a stronger position on the global tourism map. This luxury golf and resort development will enable Rhodes to position itself as an “all-season destination” rather than just a summer sun destination.
Afandou is located between the island’s two most popular hotspots: Rhodes Town (approx. 20 minutes) and Lindos (approx. 25 minutes). In addition, its proximity to the motorway makes Afandou easily accessible for both tourists and residents.
For investors, this means, among other things:
While prices in Rhodes Town, Lindos and Faliraki, for example, have risen significantly in recent years, prices in Afandou have remained relatively affordable.
In comparison:
Afandou, on the other hand, still has a relatively large amount of available land and older properties that can be renovated. For the same investment that would buy you a small flat elsewhere, in Afandou you can get a larger house on a more spacious plot with more outdoor space. This makes Afandou ideal for families and investors looking to renovate.
With property prices still low and huge investments being made in the golf course, hotels, marina and shopping centres, now is the perfect time to buy. Contact us for our current listings in Afandou.
