Sunday, July 13, 2008

Real Estate News

I read with great interest the latest news regarding the real estates in Greece from the portal of the newspaper Kathimerini. In particular at this article real estates article we can read many useful information. I translate the key points of the post.
  • First of all Kathimerini confirms that Germany and England the main interested markets for buying houses in Greece are not anymore the most interested investors or buyers. The main reason for England is the latest exchanges rates between euro and pounds. It seems that the English buyers are waiting for better prices and offers. While the German interest has been decreased mainly because of the general uncertainty of the global economy.
  • Kathimerini also notes the increased interest of Russians looking forward to buy a house not only in the North Greece, but also in favourites destinations like Mykonos and Santorini.
  • The paper also states that many international real estate agents are waiting for the parliament voting of the new urban planning. The new urban planning seems to satisfy the general needs of the local and international developers illustrating which areas and which are not can be developed.
This interesting post concludes with something known to us, that many foreign investors are not interested only about the quality of the construction; which is very important, but also to other services that the local developers can offer, like security service while the owners will be away and tax services regarding their properties.

Note that the properties in Greece managed by the agreekproperty.com, satisfy most of requirements of a demanding buyer, offering also these extra services: security, local managment and etc.

We will post soon about the latest real estate news about houses for sale in Syros and properties in Mykonos respectively.

Stay tuned!
Properties in Cyclades

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