Demand for homes in Greece improves as financial crisis deepens

Tuesday, July 12, 2011

Demand for homes in Greece improves as financial crisis deepens

Enquiries for properties in Halcyon Hills Marina and Spa Resort on the island of Samos in the North Aegean islands of Greece have increased by 20 per cent in recent months, according to estate agents Colordarcy, which is marketing homes for sale in the development.

Colordarcy says that the rise in demand reflects the fact that more foreigners are taking advantage of the country's battered economy by securing a bargain holiday home in Greece. Prices in Halcyon Hills start from just £19,500.

Halcyon Hills Marina and Spa Resort features a selection of one, two and three bedroom apartments, hotel suites and penthouses. Additional facilities include a spa, three communal swimming pools, bars, restaurants, gym, tennis courts, childrens club, marina and private beach.

Loxley McKenzie, managing director of Colordarcy, commented: "Enquiries for Halcyon Hills continue to rise and to date enquiries are 20 per cent ahead of pre-crisis numbers. The negative spotlight on Greece has brought a lot of positive investors to the market and Halcyon Hills has been one of the major beneficiaries with many keen to take advantage of this superb new resort development especially with property here so keenly priced. In the last two weeks alone we have taken four reservations at Halcyon Hills and with so many additional enquiries we fully expect this number to rise."

Read our guide to buying a property in Greece


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