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Property - Kalamata: Foreigners Buy Second Homes In Messinia, Greece
from: ...Tip! When Selling. Clean up any paint issues on the exterior of the property. Obvious spots include the sides of the home and behind any plants that sit up against the wall.
The desired area for the British to purchase second homes, on the Greek mainland is Kalamata in the Messinia region on the Peloponnese. There is an abundance of properties for sale to select from. Many British people are buying up property such as villas, town houses, village houses, farm houses and apartments either for holiday or permanent homes. Property remains one of the best long-term investments and property is certainly one of the most pleasurable. Buying a home in the Messinia region is a fabulous way to broaden horizons and revitalize life. It provides a welcome bolt-hold to recuperate form the stresses and strains of modern life.
Tip! Depreciation of items in the property such as washing machines, furniture, etc.
The Peloponnese is the southern part of mainland Greece, now divided from the Greek mainland by the Corinth Canal. The Peloponnese peninsula hosts some of the most significant and impressive ancient sites in Greece. The climate is usually mild and green in the winter and it's not too hot in the summer. Messinia alone has more than 100km of coastline, with some of the best and cleanest beaches in the whole of Greece. The Mani peninsular is situated to the east of Kalamata and has a mountain landscape that is simply stunning. Taygetos is one of the largest mountain ranges in the Peloponnese and dominates the city of Kalamata. Situated to the west of Kalamata is the Messinian peninsular which in contrast has rolling hills and fertile valleys. It's considered to be the market garden and wine centre of Greece. The city of Kalamata with all its modern facilities nestles at the head of the Messini Bay. Kalamata is an ideal location for prospective second home owners to search for property for sale in the surrounding area of Messinia.
Tip! Choose a style that meshes with your property style. For example, if your home is a Victorian, look for old-fashioned fencing designs that bring back the days of old, like a white picket style.
It's not only the British that are showing an interest in purchasing second homes in the Messinia region. Each year thousands of foreigners are selecting Greece as their preferred destination to purchase property for permanent or second homes. These people are mostly Germans and Americans although there are growing numbers of other nationality appearing such as Canadians, Dutch, Czechoslovakians, Austrians and Scandinavians.
Despite property prices in the Kalamata area increasing 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. Such properties are full of charm and character, needing renovation or maintenance and can be purchased from as little as £30,000. New homes start from as little as £75,000 without swimming pool.
Most of the foreigners who are looking to purchase property have visited Greece previously as tourist holidaying on the Peloponnese peninsular. A large number of them are pensioners who have settled and brought homes to live in permanently when they retire. However, we are increasingly seeing younger couples and young families purchasing property, settling down and creating a new live for themselves.
Tip! Thermal insulation is standard in all modern new homes but may be worth while considering in older homes. Double glazing provides both thermal and sound insulation and usually adds to the property value.
According to the Greek National Land Registry, there are 1,750 properties and estates in Messinia that are owned by foreigners. Already many British and other foreign people have brought second homes on the Mani peninsular. Whereas there are relatively few that have purchased property on the Messinian peninsular. However, things look set to change. Interest has increased in this area largely because the Government is actively encouraging investment on the Messinian peninsular. It is aiming to stimulate local revenue and employment by developing tourism projects and local infrastructure.
It is hardly surprising that even through property prices are rising steadily, Kalamata and the Messinia region is proving to be a favourite destination with foreigner's who are looking to purchase their dream property before price become to high.
About Our Company
R & C Property Management Services offer a full range of property services including; real estate, property management, holiday rental accommodation and holiday home care services for you and your holiday guests. We can assist with building maintenance and renovations. We can help you find a property and have a selection of houses and investment property located in the Messini, Kalamata and Mani and surrounding areas of Greece. Also we have established associations with other local companies.
Tip! Be aware of cowboy vendors – they do exist. For example, property agencies with stalls set up at airports or someone who comes up to you in a bar would need to be treated with extreme caution.
Claire May is the owner of R & C Property Management Services which offers full property management and real estate services including; building maintenance and renovations. We can care for your holiday home and for your holiday guests. Or simply find you a property to rent for your holiday. For more details about our services look at our website. http://r-and-c-pms.biz.html
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