Despite Its Current Economic Woes Greece Is Still Cashing In On Second Homes

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ATHENS, Greece (AP) - Two earthquakes with magnitude 5.3 and 4.7 rocked the eastern Aegean Sea island of Samos on Wednesday but no injuries to people or damage to structures were reported, Greek authorities said.

It has been reported by some Greek press that one topic of discussion during the meeting could be how to better manage and preserve the Tatoi estate, once the summer residence of the Greek royal family.

You can buy a two-bedroom house from £160,000, though for the sort of properties Aylesford deals in - a high-quality three-bedroom villa with a pool and sea views - Williams suggests £550,000 to £730,000.



The best markets for Cluttons are Corfu, Kefalonia and other Ionian Islands, plus Rhodes and Crete. One example of owners needing to sell can be found on Zakynthos in the Ionian islands, where a British couple are selling their half-built project on a 66,000sq ft plot of land 70ft above the se

'In Western Crete there's an oversupply of new development, but the more exclusive eastern end doesn't have the same problem 'We used to sell in all the favourite islands, transportation in greece Dion but we've found that demand has dropped off,' says the company's John Batty.

All the Mediterranean-style Tsifliki Villas have private pools on 13,000 sq ft plots. In the village of Havgas, farther inland and looking down on Elounda, a project sold through Aegean Blue has four and five-bedroom villas from £900,00

was filmed on the island taxi Vergina airport to piraeus price of Skopelo Greek tourism had been on the up, with interest in the islands as a holiday and Dion guided tours second-home destination growing slowly, boosted by the wave of publicity after the movie Mamma Mia!



The sailing bay of Sivota on Lefkada is popular, as is Ithaca - but it doesn't have an airport like next-door Kefaloni Fiskardo, a fishing village with Venetian-style buildings on the northern tip of Kefalonia, is also seen as a smart buy.

Hellenic Realty: 0030 6937 397136, hellenic-realty.com; Cluttons Greece: cluttons.gr; Beauchamp Estates: beauchamp.gr; Aylesford International: 0207 349 5100, aylesford.com; Crete Property Consultants: 0845 337 2717, creteproperty.co.

'There's one completed threebedroom villa with a pool, the same again half-built, and plans for private taxi Vergina greece a third,' says Key. 'Previously, this plot was worth £1.4million but they are prepared to take offers of £685,000,' says Key.

'We had been expecting price drops earlier this year, taxi service Vergina greece but they didn't come. Up to 85 per cent of Greeks own property and still think it is the best type of investment. 'The most significant price drops - of 20 per cent - are when foreign nationals need to sell as a result of crisis in the rest of Europe

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