Greek property news

Provided by holidaylettings.co.uk and angelsgreekislandhomes.com

If you own a second home abroad you could make on average £10,000 each year by renting it out as a holiday home according to holidaylettings.co.uk. They currently advertise the rental availability for 583 properties in Greece.

On average owners of holiday homes in Greece can expect approximately 35 serious booking enquiries per year on their property via the Holiday Lettings website (This varies from property to property obviously.)

By advertising with holidaylettings.co.uk you would be joining more than 20,000 holiday homeowners who advertise in excess of 33,000 properties on the website. Each day the UK’s number one holiday home website attracts more than 60,000 holidaymakers to the site searching for self-catering holidays, who then go on to book directly with you, the owner. They deliver more booking enquiries per advert than their nearest competitors with the figure currently standing at between 80,000 and 110,000 each month. An impressive 90% of their advertisers renew each year as a result of these figures.

In addition to this, they advertise in over 25 publications each month in the UK and overseas including in-flight and consumer magazines and airport lounges and have a marketing budget of £1.5 million for 2009 ensuring that your property gets maximum exposure. They are a Top 100 spender in Europe with Google ensuring consistently high search visibility, they bid on several thousand keywords and appear on page one of Google for half a million organic search results.

holidaylettings.co.uk takes no commission on your bookings, so the income you generate is entirely yours. When setting up your advert you can include up to 24 colour photographs at no additional cost and you have space for an unlimited amount of text to describe your property, the local surroundings and interesting things to do. You have 24/7 access to your advert so you can easily update your availability as and when you receive bookings. You can also opt to receive free SMS text messages to alert you to enquiries when you don’t have immediate access to your emails.

When setting up your advert, there is a multi-lingual team of holiday home experts from 15 nationalities to help you every step of the way. They will advise you on your advert and ensure it looks its best so that you benefit from your share of the estimated £300m that holidaylettings.co.uk will generate in 2009 for its customers.

Special offer in your first year…

As a valued customer, Angels Greek Island Homes has negotiated a special offer for all of its clients.

Advertise with holidaylettings.co.uk now and in your first year get 15 months for the price of 12, that’s an extra 3 months, worth over £45.

To advertise your property in Greece with holidaylettings.co.uk and receive 15 months for the price of 12 in your first year. Click: http://www.holidaylettings.co.uk/whychooseus.htm/from.45922/ or quote promotional code 45922 when registering.

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For Sale in Skopelos: A beautifully restored traditional village cottage.

Ananias Garden Cottage: Price €90,000

For sale is a  beautifully restored traditional village cottage with a  garden.  It is located in the tiny village of Ananias in the hills of south eastern Skopelos - Mamma Mia Island, Greece.

There are wonderful views of the rolling wooded hills and over the sea to the island of Alonnisos.

There is a large stone paved patio on one side of the cottage and a small flower garden to the other with established plum trees, figs and vines. There is also a storage shed containing a 3,000 litre water tank and pump with another seating area above.

Upstairs is a bedroom-sitting room with lovely views and windows on all four sides.
Downstairs is the traditional kitchen with access to a modern bathroom.

Most of the furniture and all white goods are included in the price.

The cottage is reached via a quiet country road from Skopelos Town, which is a 10 minute drive away. You can drive up to the door to unload and park nearby.

The property is approx 230 sq metres overall and the cottage is approx 50 sq metres.

Mains electricity is connected. Water is easily and cheaply delivered to fill the 3,000 litre tank and there are plans to connect the village to the mains in the future.

This is a pretty little house in an idyllic country setting at a very good price.

For more information on this house please see:

House for sale in Ananias, Skopelos Greece

For a guide on how to buy a property in Skopelos
Legal information for buying property in greece
How to build a house in Skopelos Greece

Or Contact
Angels Greek Island Homes
Glossa houses

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Edited weekly euro update provided by Deane Roe of Moneycorp

Rising Sterling creates a window of opportunity for Greek Property Market investors.

It was a rewarding week for sterling, climbing from below €1.16 last Monday to open at €1.1810 in London this morning. There was moment’s panic at the very beginning of the week when the pound dipped briefly to €1.15 but thereafter the only way was up.

Sterling’s performance over the week obviously had something to do with the UK economic data – few thought they were – but mainly it was the by-product of another quiet week during which the mood of investors became more upbeat. As one of the allegedly riskier currencies it is more likely to find buyers when the market is less nervous.

The euro’s profile last week was so low as to be almost subterranean. An almost complete absence of pan-euro-zone economic data meant just three useful statistics. Consumer confidence improved slightly from -25 to -23. Inflation – make that deflation – went down from -0.1% to -0.6% in the year to July and unemployment ticked up from 9.3% to 9.4%. Individual national figures did not add much to the proceedings. German consumer confidence was higher and German unemployment was steady at 8.3%. As with sterling, the euro’s main claim to fame was to provide investors with an alternative to the US dollar, which was under pressure throughout the week.

Sterling starts August looking more potent than it did in July. It appears to have punched out of the €1.15-€1.17 range that held it for the previous three weeks, helped by its upward break against the US dollar. The high in June at €1.19 was sterling’s best level since the beginning of December and that must be its next target. The pound has the potential to test €1.21 but, up here close to eight-month high, buyers of the euro looking to invest in the Greek Property Market should take advantage of the higher rate.

It is always best to transfer currency to Greece via the commercial rate and not the tourist rate. Currency specialists like Moneycorp often offer much better exchange rates than high street banks, and their expert dealers offer you guidance to help to ensure you are sending your money to Greece when the exchange rate is at its peak within your given time frame

For information about setting up a bank account in Greece and Skopelos please see: Legal info

To find out about the best ways to transfer money to Greece and Greek Islands

Please contact:

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