Property Investment Case Study: Greece (TPI-GR-001)
Introduction:
When it comes to choosing property investments in Greece, there is much to consider. After all, there are numerous parts of the Greek mainland and its 1400 islands which would seem to be an excellent place to invest in property. Most people head straight for the coastal area of the Greek peninsula or its famous Mediterranean islands, but investors are starting to look at the property market in Athens, especially subsequent to the significant investment in the city's infrastructure for the 2004 Olympics.
As any coastline is always a big draw for tourists, second homers and investors alike, it is easy to see why Greece's 15,020 Km of coast seems to offer a mind boggling amount of choice. The islands are divided into six groups: the Cyclades, the Dodecanese, the islands of the North-Eastern Aegean, the Sporades, the Ioanian and the Saronic Gulf Islands. The two largest islands, Crete and Evia, do not belong to any group.
Outside of the capital, mainland Greece also has a number of regions that may be of interest to investors. Peleponnese is becoming increasingly popular due to its stunning mountain scenery and unspoiled beaches.
reece has been riding high as a tourist destination for many years and this has led to its popularity as a second home destination. However, Greece remains good value compared to countries such as Spain and Portugal and it is likely that a country with Greece's cultural and natural riches will ever be anything other than popular.
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Report Compiled By:
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Report ref: TPI-GR-001
Date created: 17-01-2006
