Where to Buy Property Abroad 2009

An Investors Guide

Greece Flag

Property Investing in Greece

Where or What to Buy

Map of Greece

Greece is one of the world’s great roots of Western cultural civilisation. Its iconic sites are recognisable the world over and attract tourists from far and wide with a blend of mythical fascination and the sense of an inherent cultural heritage. The 15,000 kilometres of mainland coastline bordered by the Aegean and Ionian sections of the Mediterranean offer lengthy sand and pebble beaches with quiet bays ideal for swimming. Meanwhile the plethora of rocky coves and natural harbours are ideal for sailors and sunbathers alike. Scattered across these seas are 2,000 islands of which only 160 are inhabited. Inland areas vary from dry hillsides covered with herbs to pine-covered mountains. The land is fertile and lends itself to a wide range of agricultural uses from salad crops to olives, while the sea has created communities dependent on fishing.

With its rich cultural history and dramatic coastline, Greece has been a popular tourist destination since the mid 1950s and the explosion in package tours in the 1960s and 70s only served to increase popularity. Today tourism accounts for approximately 17.2% of the Greek GDP, a figure that is expected to increase by 3.7% in 2008, according to the World Travel and Tourism Council. Greece is currently welcoming record numbers of visitors to its islands, with total figures standing at around 15 million tourists per annum.

 

Still in this Chapter

  • Is this is good place to Buy?

  • Which type of Property should you go for?

  • Hotspots

  • The Purchase Process

  • Mortgages

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Investing Potential of Individual Countries

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