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Greek Cyclades Islands opening up for foreign buyers
Country: Greece
The conditions in Greece's housing market have opened up the country to foreign buyers looking for property on one of the idyllic holiday islands. Christos Vergos at Remax New Deal estate agents in Athens told AFP that higher taxes and lower rents have left some of those with multiple properties looking to sell, and this is in turn lowering prices. This is creating opportunities for foreign buyers with money looking for property in the Greek Islands, which have become significantly cheaper as a result of the current market conditions. In particular, the Cyclades Islands are being targeted by foreigners searching for overseas property for sale, Nicolas Lioliakis, a partner with Bain & Company in Paris who tracks Greece, told the news agency. The group of 24 islands known as the Cyclades encompass most of the famous Greek islands, including Mykonos, Kimolos, Paros and Kithnos, as well as the small uninhabited island of Delos, the world's first multi-cultural society and centuries old gathering ground for the rich and famous.
December 2011
Some information contained within this article may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and financial advise from a qualified professional.
Some properties in Greece
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Price: €180,000
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Type: Maisonette
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Bedrooms: 3
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REDUCED TO JUST 180.000 EURO (previously 245.000 euros) FOR QUICK SALE!
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Price: to be Released
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Type: House
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Bedrooms: 3/4
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Minos’ Dream is situated in Minothiana, a quiet costal neighborhood in the outskirts of Kolimbari with unspoiled views of the Kolimbari fields and sea front.
Also contains
* Large private plots
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Price: to be Released
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Type: House
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Bedrooms: 3
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Minos’ Dream is situated in Minothiana, a quiet costal neighborhood in the outskirts of Kolimbari with unspoiled views of the Kolimbari fields and sea front.
Also contains
* Large private plots
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Price: €285
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Type: Villa
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Bedrooms: 3
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Beautifully designed 3 bedroom stone villa which shares a swimming pool with the neighbouring property.
Beautifully landscaped gardens and all amenities make this a great holiday or full time home.
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Price: £7,244
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Type: House
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Bedrooms: 1
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This little stone house in Kritsa is on the higher side of the village (Afenths Christos). Suitable for studio holiday use.
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Price: £10,463
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Type: House
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Bedrooms: 2
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A 2 storey semi-detached stone ruin of about 76 sq.m which is suitable for transforming, subject to planning, into a two bed villa in the delightful village of Dystos.
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Price: £13,683
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Type: House
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Bedrooms: 1
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Small house for renovation near the center of the village of Kritsa.
This small renovation project is situated near the center of the traditional village of Kritsa.
It comprises two good sized rooms and a small yard.
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Price: £16,098
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Type: House
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Bedrooms: 1
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This is the sale of a 1 bedroom village cottage in the traditional mountain village of Kroustas.
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Price: £16,098
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Type: Apartment
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This little stone house of 33sqm is located in a very pretty, traditional village.
The renovation work on this property is just being finished and is of top quality.
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Price: £18,512
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Type: House
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Bedrooms: 2
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A two storey semi-detached stone house with a single storey extension, totalling about 138 sq.m, which with renovation / modernisation could provide a suitable family home on the island of Evia.
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Price: £316,000 Bedrooms: 3 Bathrooms: 3 Minutes from Obidos castle. Fittings: exotic ceramics, granite, fully fitted kitchens, private pool & Jacuzzi.
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