Greek islands grow in property investment

Published on: 19 Sep 2007
by Fileo


Improved communications and transport networks on the Greek Islands have led to growth in Greece property investment. Regeneration investment carried out in preparation for the 2004 Olympics, coupled with a growing economy, and increasing tourism figures, have further strengthened the Greece property market.

A Place In The Sun magazine found Greece to be the sixth most favourable destination for foreign buyers. Foreigner purchasers are now beginning to match domestic demand with some market analysts expecting the country to become a hotspot for overseas property investment. There has also been a rise in the number of low cost airlines, such as GB Airlines who are now increasing their flights to Crete, Rhodes, Corfu and Mykonos.

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