Greece Property News

Greece tourism is bucking the worldwide trends and has beaten off tough competition to become the top destination of 2009, according to the Flight Centre.

The speed with which buyers were signed up for the first and biggest of the nine new individually-designed homes currently being completed in western Crete by award-winning developer Caversham-Barnes proves the value of detailed market research at the pre-planning stage.

When buying investment property we are often told to detach our hearts from the decision making process as heartfelt emotions can often lead us astray, but some investments need not be so cold and may even appeal to both the heart and the mind.

Pano Lahania is quite simply a ‘one-off’ development on the Greek Island of Rhodes. It has been designed and is being built in the traditional Greek style, with dense walls, beamed ceilings, arches and painted in the familiar colours that symbolise the Greek’s ‘joie de vive’.

It’s not just the weather temperature that is making Crete, the largest of the Greek Islands and the fifth largest in the Mediterranean, ‘hot’ news at the moment. For long, a popular holiday destination with the British, Crete is coming into its own, offering genuine investment opportunities and increasingly high quality homes for those wishing to take advantage of a high standard but low cost of living.

Parador Properties has begun flying prospective buyers to Crete, for the island’s first ever property inspection tours. The first response has exceeded all expectations; seven properties were sold in the first tour alone, with one couple investing in no fewer than five properties between them.