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Investing
INVESTING IN CRETE:  

Buy Smart – Buy Off-Plan!

Buying off-plan is a great way to afford your dream home in the sun.  An increasing number of people are discovering the benefits of buying off-plan and with a continuing upward trend in house prices year on year, buying a property this way really is an excellent investment.  

Why buying property in Crete means... peace of mind!

With the recent UK government initiative allowing people to invest in residential property by releasing funds held in their pension fund, there has never been a better time to buy a second home in Crete. Property in Crete is extremely affordable, when compared to the other Mediterranean locations.  

The latest economic data points to the cost of living in Greece reaching parity with the UK by 2026. When you consider an average two bedroom detached house in the UK costs more than twice that of one in Crete, you can see that buying a home in Crete represents excellent value for your money.

The value of your asset in Crete:

As a result of Greece integrating into the European Union, property purchase on the island of Crete is now a relatively simple matter for EU nationals.  Crete has seen a real property boom in some areas and not surprisingly, this has seen a steady increase in prices.  Although a few developments have seen increases in value exceeding 20% over the last few years, the average increase in value of property in Greece is 137% over the last ten years.

Property purchase in Crete represents a low risk addition to any investment portfolio.  The euro is a stable, low risk currency and coupled with the excellent build quality of Hellenic Homes, will provide a safe rate of return for any investor large or small

The advantages of purchasing a Hellenic Homes

Our new properties conform to the highest safety standards;

Your new home can be tailor-made to meet your own personal specification;

Our houses are designed to be economical and environmentally friendly with good insulation and the latest energy saving devices;

You can choose one of our two methods of payment;

Our interior designers will ensure a high quality of finish;

Your new home will be covered under our “5 Star Guarantee”;

Where possible, boundary walls and terracing will be included in the design.

 

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