The Attraction of Overseas Greek Property
Why do people from other countries purchase property in Greece? The answers are as varied as the purchasers are, but several trends have recently come to light. Greece has a near-perfect climate, as everyone knows. The quality of life in Greece is also excellent, with a low crime rate, a good infrastructure of roads and highways, and easy access. All major airlines now fly to Greece, some even flying directly to the smaller islands. With EasyJet now offering discount flights to Greece, you can spend even more time in the sun than before!
Greece’s average of 300 days per year of sun is one of the strongest reasons attracting people to purchase property in Greece. The pace of life is slower here; people stop to chat, to admire a flower, to breathe in the warm, ocean-scented air. The cuisine is world-renowned, and open-air markets still flourish where you can purchase food fresh from the garden or the sea.
Depending on where you currently reside, you may also find several significant tax advantages to purchasing property in Greece. For example, we have a fantastic range of property for sale in Greece. Whether you are looking to buy a investment opportunity or are simply looking for the perfect holiday home then we have the property for you. We also have Greek commercial property and Greek plots of land for sale. If there is a property you are interested in then please contact us and we can guide you through the process of bidding, inspection trips, legals and completion. So check out our real estate in Greece listings today.
American buyers are allowed to deduct home mortgage interest on not only their primary residence, but on a second home, as well. This can result in significant tax savings. UK residents who let their real estate in Greece can deduct expenses, including many travel expenses, from the profits they make on letting their property.
Of course, profiting from your property or properties is only one advantage. Another is having real estate in Greece to which you can retire, or use for holidays throughout the year. Purchasing bare land or an existing Greek home while still in your working years means that it will be nearly or totally paid off by the time you begin to receive your pension. The money you receiving by selling your primary home is then yours to invest as you wish. With money in the bank and a lower cost of living in Greece, not to mention a much warmer climate, you will be able to truly enjoy your golden years under the golden Greek sun.
There has been some softening of the Greek real estate market in the current housing market. For those who have been considering a purchase, now is the time to contact a professional who can explain some of the advantages to owning real estate in Greece. You will likely find even more advantages that are not listed here.
Author Bio: We have a range of property for sale in Greece.Whether you are looking to buy a investment opportunity or are simply looking for the perfect holiday home then we have the property for you.We also have Greek commercial property and Greek plots of land for sale.
Category: Real Estate
Keywords: greece,greek