real estate greece

16-10-2007

 Hot Properties in Greece

Hot Properties in Greece

SINCE Greece is a natural tourist destination because of its immensely rich history, its real estate industry is obviously booming. Common sense dictates that the tourism industry works hand in hand with the real estate industry. If there are many visitors in the place, there will always be people who are enticed to live there for good. But hey, properties are not just intended as permanent settlements. Some of the property buyers in Greece are people who invest in the properties and intend to lease them to other vacationers. Let’s now take a look at some of the hottest properties in Greece.

But first, let’s enumerate the various reasons why Greece is such a hot tourist destination aside from its rich history. Just like Spain, Italy and France, parts of Greece are bound to the Mediterranean Sea. As we all know, the Mediterranean is home to the finest seafood in the world such as redfish, grouper, mussels, lobsters and shrimps. Greek folks love to eat their Mediterranean catch fresh instead of refrigerated or frozen. This is one of the reasons why tourists love being in here. Another reason is their clean and beautiful beaches. As part of the European Union, Greece’s beach resorts are constantly inspected and marked for blue flag accreditation. A blue flag accreditation means that those beaches have achieved quality sanitation. Beach resort managements are so strict that they don’t even allow your rented off-road vehicle to be parked in their paved parking spots because the muddy imprints your tires will leave look unattractive. Other reasons include lack of internal strife, low crime rate, an excellent properties registry system, economic stability, a perfect climate all year round, the mushrooming of golf courses with PGA-accredited instructors and the most important of all factors – low interest mortgage rates..

Speaking of climate, Peloponnese peninsula in Greece is a potential for winter sports. Peloponnese peninsula counts off as one of the places in Greece with high mountain ranges. These mountains turn snowy during winter and if the easily accessible area is developed for skiing and other wintry sports, this can help turn the Greek economy around which has been reeling of the deadly forest fires just a few months back.

Now let’s take a look at the hottest properties in the country. In Santorini Island, you can find for example structures of a residential complex which can be fetched in for only 680,000 euros. This residential complex offers a stunning view of the island but if you want to literally look in, you can have your own swimming pool completely furnished already. All cottages are built in traditional Greek architecture and each unit in this high-end subdivision is two levels high and contains three bedrooms, two bathrooms, a cozy kitchen and dining area and a garden. The garden is ideal for middle-aged couples who want to have a second honeymoon for the rest of their lives. The first bedroom is theirs, the second bedroom is for the kids and the third bedroom is for the guests who may want to take a look at how serene Santorini Island can be.


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Welcome to RealEstateGreece.info! Many people are thinking of buying property in Greece, but are daunted by the process and the monumental task of choosing a place and applying for a loan. However, it is not as complicated as it seems-especially if you get an expert to guide you through the process. This website hopes to give you information that may help you, but nothing can substitute actually hiring a consultant who knows the real estate process inside out. For example, while there are several Greek properties that are up for sale, do know that there are some places where foreigners can't buy land. These restrictions apply in areas that sit near the country's borders, such as the eastern Aegean, Dodecanese Islands, regions of northern Greece, Crete and Rhodes. There are also cases where those who are not citizens of the European Union must apply to the council of the local prefecture. Real estate agents can inform you of these laws and help you apply for approval.

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