How is the Greek holiday real estate market?
Thanks to the decreasing interest rates on bank loans, the construction industry is booming. Additional government investment in the wake of the 2004 Athens Olympic Games, like the Athens Metro, the new Spata airport, and mega road projects to name a few, evidences that intensive projects are planned everywhere. The Greek holiday real-estate market is currently experiencing a significant upward trend. Given that in there are annual price increases in the level of 10 15%, any investment in property in Greece can be looked as a sound investment decision. Q: Why should one invest in a house in Rhodes? Rhodes is the fourth largest island in Greece, and one of the most organized holiday resorts in the Mediterranean, simply meaning that the island, due to its size, enjoys a modern infrastructure.
