One of the maxims of capitalism is “advantage of times of crisis”, because it is precisely then that the prices are lower. That’s what they’re doing great fortunes in Greece: buy real estate with cut prices
Since 2009, year of the beginning of the crisis in Greece, the price of luxury homes in this Mediterranean paradise fell 50%. And one of the houses of the middle class, 30%. A real opportunity not to be missed.
This is what must have thought the big investors – especially Russians – who are cast as vultures on real estate opportunities. A house on the island of Syros, who until recently was worth 1.6 million euro, now sells for 800,000 Euros. Exactly half. This has increased dramatically the interest of buyers. “Last year we had an average of five people per month interested in luxury homes” – he told the Bild Wadim Dolmidinis, director of Greece Invest. “Now there are already eight month”
The first buyers are Russians, followed by the Chinese, particularly interested in homes around Athens. And the third and fourth place, the fortunes Serbian and Bulgarian. It’s time balances.
“It is the best time to buy,” says Francesco Pianelli, the real estate portal ikh-realestate.com This is the year in which the agencies are selling at lower prices, it is impossible that fall even more. For those with dinero, the best thing is to buy villas near the sea with 500 or 1000 m2. An example: two houses on the Aegean Sea, with private beach, an impressive sight, a giant terrace, garden and mini port for one yate, were sold for 4.5 million euro. Too expensive? The mediator does know: the have lowered by 1.5 million Euros!