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

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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 All the Mediterranean-style Tsifliki Villas have private pools on 13,000 sq ft plots.

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







The best markets for private day tours in Volos Airport greece 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, Volos Airport airport to city taxi cost where a British couple are selling their half-built project on a 66,000sq ft plot of land 70ft above the se

Up to 85 per cent of Greeks own property and still think it is the best type of investment. 'We had been expecting price drops earlier this year, but they didn't come. '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

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.

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

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

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

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

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