
Almost
all the visitors we have ever met on the Greek islands, without exception,
has at one time or another discussed their dream of living in Hellas (Greece),
either to retire (early if you are lucky), or invest in a home and offset
costs by letting.
To experience a season on an island, starting with the spring almond blossom
in February, poppy covered meadows in March, watching the locals prepare
for the season throughout April, celebrating Easter, and then planning your
summer days and nights with friends and family, is a very achievable and
pleasant experience.
The information contained on this page will guide you through
the process of buying a home, and the benefits it can bring. Investing in
a home is a serious business, and whatever horror stories you may have heard,
if you follow our guidelines you will find that buying wasnt so difficult
after all ! Once you have decided where you wish to live, the following
points should be considered early in your plans.
* Planning your budget
* Financing your purchase
* Securing your purchase the deposit
* Legal representation
* Banking and accounting (if youre considering letting)
* The purchasing procedures
Planning your budget
We know a number of people who have decided on their ideal
home, returned home, only to find that after organising their finances,
the house has been sold. You need to plan your expenditure and ensure that
you have sufficient funds available to place a deposit at short notice.
Property sells quickly in Greece, especially in the unspoilt smaller islands
such as Tilos (our last development of three detached houses were sold within
two weeks following initial enquiries) ! Take a look at the illustration
below based on a 95 m2 house priced at € 140.000 ( £90.000)
|
House:
|
€ 140 000 |
|
Purchase
tax:
|
€ 10 500 |
|
Legal
fees:
|
€ 2 000 |
|
TOTAL:
|
€ 152 000 |
The
cost of living in your home
If you
are buying all of your furnishings new, we would advise you to purchase goods
locally in Greece due to the costs of shipping, which, for a 6m container
to be shipped from the UK to the Southern Aegean would cost around €
4,750. We have on many occasions helped our clients source goods on Rhodes
with minimal forwarding costs onward to the islands.