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10 Reasons Why You Should Buy a Holiday Home in Greece

greek-home-buy-rent-holiday-home-greeceAs one of the last “undiscovered” European paradises for vacation homeowners, Greece is an ideal destination to invest in for the whole year.  Greece has a unique natural landscape comprising over 2,000 islands, and a mountainous mainland that has over twenty ski resorts.

The Hellenic country also has a dynamic consumer culture consisting of cafes, bars, restaurants and sports activities, which complement the famous cultural atmosphere of Greece’s rich history and ancient civilization. It is for these reasons that Greece typically scores very high on the most important considerations for holiday homeowners.

Here are 10 reasons to buy a holiday home in Greece:

  1. Accessibility. Accessing Greece is prompt and easy via all modes of transportation including car, plane and ship. The country has more than twenty international airports to which many airlines plan to increase their flights.
  2. Climate. Greece enjoys an ideal climate throughout the year, with an average temperature of 18 degrees, and over 200 days with an average 8.5 hours of daily sunshine. Greece is an ideal location for those who enjoy an outdoors lifestyle of sun, sea and sand, as well as outdoor activities such as water sports.
  3. Culture. Another of Greece’s attractions is its 232 archeological interest sites, including over 400 museums, seventeen UNESCO World Heritage natural and cultural sites, and 2 of the 7 wonders of the ancient world: the Statue of Olympian Zeus and the Colossus of Rhodes.
  4. Coastline. Because it has over 2,000 islands in its territory, Greece has the longest coastline of the Mediterranean, as well as one of the longest coastlines in the world. The Greek coastline measures 13,676km, which is longer than that of Spain and Portugal combined, and features about 400 beaches that are awarded with blue flags.
  5. Quality of Life. In destinations outside of Athens, the capital, the quality of life for Greek people is indexed at 80.5. Also, because English is widely spoken in Greece, foreigners will be able to enjoy integration effortlessly into Greek society.
  6. Low Crime. The fact that Greece has a low rate of crime is another reason to live here.
  7. Moderate Cost of Living. Greece also has a moderate cost of living that makes it an ideal destination to live in during your holidays.
  8. Investment Opportunities. Tourism offers great opportunities for the real estate market in Greece. This, combined with improvements to infrastructure such as airports, roads and integrated resorts development, will undoubtedly add great value to your holiday home investment.
  9. Low Taxes. Another reason to purchase your vacation home in Greece is the fact that the Greek government reduced the property transfer tax to 3% from its previous 10%. This is in its attempt at boosting the property market’s recovery.
  10. Laws. A new legislative framework recently introduced in Greece is designed to reinforce an environment that is investment-friendly, with less bureaucracy and more transparency. Moreover, in an effort to attract the interest of real estate investors, more benefits are offered such as granting of resident permits renewable every 5 years, for investments over a certain amount to non-EU residents and their families.

Best Dream Home Destinations in Europe

greek islandsParis and Venice aren't the only ideal honeymoon destinations in Europe. As such a vast continent, there are numerous places that you may not have considered.

Read more: Best Dream Home Destinations in Europe

Investors Buying in Greece

Iinvestors buying in greecenvestors buying in Greece: Greece for a number of years has long been one of the more popular tourist destinations globally. However, during the last few years despite the crisis in Greece, an increasing amount of buyers with spare cash have begun to show interest in the Greek property market and purchased properties here.

Read more: Investors Buying in Greece

Tips on Selling

tips on sellingAre you at the end of your tether because your property won't sell?
Here are a few helpful tips to attract more interest in your property and to attract a sale!

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Greece to Sell Royal Palace

meetingGreece to Sell Royal Palace -  is part of the governments plans to sell off a selection of its nation`s unwanted properties. Marketing the Royal Palace, airports, roads and marinas are an attempt to help the country`s failing economy. The Move Channel reported that the historic Royal Tatoi Palace located outside of Athens, which was once home to the Greek royals from 1871, is in need of renovation since it was abandoned when the royals fled the country in 1967.The palace is to be listed on the property market by the Greek government in a bid to clear the country of unneeded assets.

Read more: Greece to Sell Royal Palace

Common Property Pitfalls

problems with propertyMaybe it’s the sun or just our ability to get carried away with the dream of a new life, but the fact is that some foreign buyers make some very silly and avoidable mistakes when buying property abroad. After all you would never hand over money to a stranger you met in a bar at home on the promise of a large piece of land, nor would you have your friend’s cousins son build your house without checking out his credentials as a competent builder. Thus it is imperative that you act sensibly to avoid future heartache and loss of funds. Read on to learn how you can avoid common buying pitfalls.

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Infographic - At A Glance: Greece

girlaptopoutdoorsThe Greek housing market is all at sea, according to TheMoveChannel.com's latest At a Glance report. The infographic, which depicts the activity on the portal over the last year, shows that interest in mainland property is markedly low compared to homes on the islands, which accounted for an overwhelming 64.97 per
cent of all enquiries.
The Peloponnese was the most popular region on solid ground, generating 15.49 per cent of enquiries, while Attica received some attention thanks to property in Athens, but northern areas, such as Central Macedonia, received far fewer enquiries. Some, such as West Macedonia, saw no enquiries whatsoever - indicative of a lack of sellers as much as buyer demand.

Read more: Infographic - At A Glance: Greece

Property Investment Facts

property investment

Quest Greek Islands has put together a checklist of Property investment facts to consider before you make the commitment of investing in property in Greece or the Greek Islands.

1. Think about the real reason you would like to buy in Greece. Do you want a great sound financial investment or a place you could relax with the family, a place to retire to, or a permanent relocation home?

Read more: Property Investment Facts

Selling Your Greek Home

property signAre you selling up? A new year means a new start and it is the ideal time to put your house on the market and aim for a fresh start. When it comes to selling up, it is a good idea to leave it until after Christmas and in to spring, as this is the best time to sell up. Most property viewing trips happen in the spring time or after Christmas because this is when most of the property buyers from overseas come to visit Greece.

Read more: Selling Your Greek Home