The Allure Of Greek Property

Places such as Egypt, Tunisia, and other areas of Northern Africa that used to offer

relaxing holidays are now less likely to appeal to tourists until the political unrest there eases. Because of that, Greece, with its historical stability, has gone to the top of the list for holiday locations.

While buyers from the UK have historically been the bulk of visitors and buyers in Greece, the market is widening. Another factor is the fluctuation in the international monetary markets, with several currencies valued quite strongly against the Euro. Switzerland is one of those countries. A reported 20% increase in summer holiday bookings bodes well for the real estate market, as the Swiss often look for holiday homes in sunnier, warmer climates than their home country. Holiday condominiums, flats, and villas are often on the list of real estate to be inspected whilst on holiday. If you are considering listing your Greece property, now is a very good time to put it on the market, especially if it is located in or near a key holiday area.

You will want to ensure that your property is clean and in good shape. If you have not let it to holidaymakers before, look at your property through the eyes of someone on holiday. Is your holiday property light and airy? Is it easy to find? What about parking? Are the furnishings and interior up to date, or are they tired and old? These are all things that will influence how a person on holiday will view a property to let, and also how a prospective buyer will view your property for sale. If a few things need to be freshened up, now is the time to do it, before the listing goes live. You only have that one opportunity to make a good impression, so be sure you give that buyer every chance to say Yes! and meet your price.

Internet searches for real estate in Greece are increasing. The searches are coming from around the world, with perceptive Britons at the head of the pack. However, search queries are increasingly coming from areas such as Russia, Yugoslavia, China, and even Australia. That means if your property is listed for sale, your buyer could come from anywhere in the world. If you decide to list yourself, you will want to be prepared to market your property in a variety of languages; if you choose to go with broker representation, make sure the agent or real estate company has experience marketing property to buyers overseas. A listing that a buyer cannot read is unlikely to convince him or her to buy.

Your Greek property could be just what a buyer is looking for.

by: James P Martin

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