- Greek Island property - A good opportunity for investors
By Jonathan - Angels Greek Island Homes
Due to the current global economic down turn some investors are looking towards buying property in Greece instead of investing in stocks and shares. The Greek property market has taken a slight dip and there are many opportunities attracting buyers to Greece.
“So, are houses prices falling thick and fast on the Greek Island of Skopelos?” potential buyers ask us. “If we buy now, can we get a great bargain?”
Well, the answer is a confusing yes and no.
On Skopelos Island for example, the Greek property owners are quite laid back and phlegmatic in their approach to this new economic climate. They know that selling their houses and land could take about three years and are in no rush to drop prices. Some property owners may just prefer to ‘wait it out’.
On the other hand, some overseas property owners who may be feeling the effects of the ‘Credit Crunch’ have decided to put in their own holiday homes on the market.
Here there are bargains to be picked up. Houses in Palio Klima Skopelos which would of fetched Euro 120,000 six months ago can now be bought for Euro 95,000. Land could also be had at bargain prices. A 4000 sq metre plot that you can build your dream Greek Island home on may be bought for as little as Euro 45,000. How about: Barbara’s House in Klima KH025 or Louise’s House Gloss KH027.
For more details on these bargains and property options please see the Glossa Houses link or price list on our property page.
Now is a great time to be a buyer on Skopelos Island Greece










