What is Real Estate

Writen by Claire May

The favourite area for the British to purchase holiday homes, on the Greek mainland is the Peloponnese and there are plenty of properties for sale to choose from. The southern part of mainland Greece, now divided from the mainland by the Corinth Canal. The peninsula hosts some of the most important and imposing ancient sites in Greece. It has a warm winter, it's not too hot in summer and the beaches are clean. The mountain landscape of the Messinian Mani is simple stunning and is dominated by Taygetos, one of the largest mountain ranges in the Peloponnese. Whereas the Messinian peninsular has rolling hills and fertile valleys considered to be the market garden and wine centre of Greece. The city of Kalamata with all its facilities nestles at the head of the Messini Bay in between the two peninsulas, thus making it an ideal location for prospective holiday home owners to search for property for sale.

It's not only the British that are showing an interest in property for sale in the Peloponnese. Each year thousands of foreigners are choosing Greece as the destination to purchase property for permanent homes or as second homes for their holidays. These people are mostly Germans and Americans although there are increasing numbers of other foreigners appearing such as Canadians, Dutch, Czechoslovakians, Austrians, etc. Despite property prices in the Kalamata area rising by 30 per cent last year, foreigners are snapping up property for sales at bargain prices. There are plenty of old stones houses for sale, full of charm and character, needing renovation or maintenance and can be purchased from as little as £30,000 on the Mani peninsular. New homes on the Messinian peninsular start from as little as £75,000 without swimming pool. Most of the foreigners who are looking for property for sale have visited Greece previously as tourist holidaying on the Peloponnese peninsular. A large number of pensioners have settled and brought homes to live in permanently. However, we are increasingly seeing younger couples or those with young families purchasing property, settling down and making a new live for themselves.

According to the Greek National Land Registry, there are over 2,500 foreigners owning holiday homes or property for permanent residents (a total of 3,200 acres) in the coastal Peloponnese prefecture of Laconia. There are also some 1,750 properties and estates in nearby Messinia that are owned by foreigners. There are already many British people with holiday homes on the Mani peninsular, while there are relatively few that have ventured as far as the Messinian peninsular.

ABOUT OUR COMPANY

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For those of you looking for the prefect holiday home we can help you find your dream property in Greece. We have developed association with reputable companies covering the Kalamata area and can introduce you to professional and reliable people who will help your house purchase to go smoothly. For information about property in Kalamata follow the link. http://r-and-c-pms.biz/property.html.

For more information visit our website, http://r-and-c-pms.biz/.