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Blog on buying property in Crete, Greece

CategoriesFinancial crisis

2010 Greek real estate market outlook 1

We have all heard a lot about how the financial crisis started and when it is going to end and what we hear is most times conflicting and confusing. However, the worst is believed to have passed while there is only one certain thing; that nothing lasts forever.

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Bargains galore as properties flood the market! 0

As crisis continues, Greek real estate constructors have reduced selling prices by less than 10%, as due to previous years' earnings they can afford to keep prices high. Still, there is a large number of well underpriced bargains out there, coming mostly from private sellers and second-hand properties.

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