5 key Investment Points
- Low cost of properties
- 300 days a year sun
- Good flight connections
- Developed Tourism industry
- Low cost of living 30%-40% lower than the UK
* on selected units
It takes about six weeks for all the searches to be made and the legal documents to be prepared so that you can complete on your Greek property purchase. This is done easily over the telephone with your lawyer and does not require a return visit to Greece. Following completion, you either pay the balance for a built property, or in stages for one which is off-plan. Whichever route you choose to take to buy your Greek home, rest assured that you can relax while we take care of everything.
Why Buy a Property in Greece?
Property in Greece offers excellent value for money. When you combine the prices with the weather, the accessibility, the lack of crime, the restrictions on over-development and the legendary Greek hospitality, you can see why more and more people are choosing to buy a home in Greece. The future for Greece is excellent, as it has a Mediterranean coastline more than two times the size of Spain and France combined.
There are many reasons for choosing to buy a property in Greece:-
Greece is blessed with over 300 days of sun a year, which is more than 8.5 hours a day! The summers are hot and dry, often with a cooling breeze, and winters are short and mild. As it’s the Mediterranean, the sea is warm and safe, with no tides. Most rainfall is between December and February, but even during this time, there are many glorious days with cloudless skies.
Flights to Greece – EasyJet now flies to Greece
Greece has always had many direct charter flights, but in 2008 EasyJet started cheap scheduled flights to Greece. This means that EasyJet now has direct low cost scheduled flights from the UK to many locations in Greece such as Crete, Corfu, Rhodes, Mykonos, Santorini, Athens and Thessaloniki (Halkidiki). It is expected that EasyJet will increase its flights to Greece and operate more and more on a year around basis, making Greece even more attractive as your place in the sun. This recent move by EasyJet makes it a very good time to buy a property in Greece as the introduction of low cost flights is expected to lead to an increase in property prices over the next few years – buy now while prices are still cheap.
The Quality of Life
Greece has a slower pace of life where everyone takes the time to enjoy themselves, and their surroundings. Greece is lucky in having one of the lowest rates of crime in Europe, and in many villages people still leave their houses and cars unlocked. Add to this an outdoor lifestyle with sun, sea, and one of the healthiest natural cuisines to be found, and you can see why the lifestyle is envied throughout the world.
The Value for Money
The cost of living in Greece is about 30-40% cheaper than the UK, and properties are less than half the price of more established markets such as Spain and Cyprus. Once you have bought your property, there are no monthly council tax bills, you just pay your electricity and water on a meter, plus a small charge to cover rubbish collection. You can easily have your pension paid in Greece – you will find that it goes a lot further. You can also use the Greek health service, or take out private health insurance which is excellent value for money. If you wish to take your pet to Greece, this is also a straightforward process.
Greece is a full member of the European Union and property prices are expected to rise significantly in the next few years, as foreigners have only been allowed to buy property in Greece since 1993. Many people are therefore now buying investment property in Greece.
Greek Village Life
There are many new homes, old village houses and other types of Greek properties for sale, but due to strict planning controls, the excessive building which has ruined other parts of the Mediterranean cannot take place on the Greek Islands. This means that property in Greece is integrated into traditional villages which will retain their charm, their views, and not be ruined by housing complexes or high rise buildings.
The Greeks are a very warm and welcoming people. Just go to the local taverna or cafenion more than once and you will be making new friends in no time. The Greek language does not even have a word for “foreigner”, instead, they use the word for “guest”.
English is a compulsory language at Greek schools, so it is widely spoken by all the locals. English newspapers, radio, satellite television and highspeed internet are also all readily available. The Greek language does sound tricky at first, but just learn four or five words and the locals will love you for it. “Yiassou” is a good start as it means hello, good bye, bless you and cheers!
Area Of Samos
Samos (Greek: Σάμος) is a Greek island in the eastern Aegean Sea, south of Chios, north of Patmos and the Dodecanese, and off the coast of Asia Minor, from which it is separated by the 1.6 kilometres (0.99 mi)-wide Mycale Strait. It is also a separate peripheral unit of the North Aegean Periphery, and the only municipality of the peripheral unit.
In ancient times Samos was a particularly rich and powerful city-state. It is home to Pythagoreion and the Heraion of Samos, a UNESCO World Heritage Site that includes the Eupalinian aqueduct, a marvel of ancient engineering. Samos is the birthplace of the Greek philosopher and mathematician Pythagoras, after whom the Pythagorean theorem is named, the philosopher Epicurus, and the astronomer Aristarchus of Samos, the first known individual to propose that the Earth revolves around the sun. Samian wine was well-known in antiquity, and is still produced on the island.