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It’s All Greek To Me…

30th June 2008
Egypt is undoubtably one of the real hotspots in the world of foreign property investment, but what if the culture or climate don’t appeal to you? A very popular destination for holidaymakers is Greece, both mainland and the islands. I personally have visited this beautiful country on numerous occasions and have found the people incredibly friendly, the food and wine (not so much the Retsina, just ask for Hatzimikalis – a super Cabernet Sauvignon-type red) excellent and the history fascinating. It ticks many of the boxes that should be looked at when investing overseas – especially if you are looking for both an investment and a great personal holiday destination. We have marketing rights to a lovely development just outside Athens that has the following features… *     Less than 1 hour from Athens airport with daily flights to the UK, including budget carriers*     Prices from £55 000 with mortgages available*     Potential 8 month rental opportunity per year*     Great projected yields (annual profit) – as high as 30% but realistically at least 20%*     Off plan purchase (completion due in 12 months) direct from the developer saving you considerably and giving the profit advantages of off-plan.*     Communal pool and amenities*     Close to lively resort for those evenings out! But far enough away for some peace and quiet.*     Management service available

 

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