Is Crete a Good Invertment?
Is buying a house in Crete a good
Property - at the moment - is extremely affordable
in Crete, when compared to Spain and Southern France. However, since
Greece joined the European Community, property prices have risen, year on
year. 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, one in Crete, you
can see buying a house now, is certainly a good move.
Buying a house from
Hellenic Homes is an excellent investment, as you are buying a quality
home - guaranteed - at prices lower than you would expect, because we sell
to you direct, without incurring the considerable additional cost of an
What's more, with every
Hellenic Homes' house there is a 5 Year Buy Back Option. Decide to
buy one of our larger homes within this period and we will buy back your
original house at the prevailing market price, less 10%. This enables you
to free capital and move, without having to wait for a purchaser.
Crete enjoys 320 or more days of sunshine and an
average temperature over 20°C. Unlike Spain you will have no security
worries as the island has one of Europe's lowest crime rates. With little
industry here, the air is clean and the renowned Cretan diet may well
contribute to a long and healthy life! This is an island paradise where a
couple can live well on around £8,000 a year, and that includes running a
small car - and even a comprehensive private health insurance too!
Call into our Chania office and over coffee we can discuss the houses and
sites which are of interest.
It will be our pleasure to arrange an itinerary to personally take you
round to view those properties that have taken your eye.
Buying a home in a foreign
country is a big decision - and a big investment. We appreciate you don't
want to be rushed and it is Hellenic Homes' policy never to put clients
under pressure. Please feel free to take your time.