Interest in Greek property soars
According to Rightmove Overseas, the Dodecanese island group, which includes Rhodes and Samos, has attracted a 50% increase in searches month on month.
Head of Overseas at Rightmove, Shameem Golamy, said, "In June, we saw searches increase for idyllic island locations as people look to escape the traditional UK summer downpours. Greek islands, most notably the Dodecanese island group - which includes Rhodes and Samos - attracted over 50% more searches month on month."
Samos is the 7th largest island of the Greek archipelago and is widely known for being the most beautiful of the islands. Green verdant valleys, azure seas and quaint classical Greek villages cling to hillsides. Samos is the picture perfect postcard of the ideal holiday destination and highlights everything the British love about Greece.
David Kerns, Dealing Manager at foreign exchange specialist Moneycorp, commented, "Savvy Britons are seeing the debt crisis in Greece as an opportunity to take advantage of a fluctuating housing market, with the potential to yield significant returns down the line."
Industry experts Barrasford and Bird Worldwide are currently developing five star spa resort Halcyon Hills on the island of Samos. Encapsulating the romance of the Greek islands whilst providing the ultimate in terms of quality and facilities, Halcyon Hills has consistently remained popular with property investors.
Purchasers at Halcyon Hills Luxury Resort and Spa enjoy the winning combination of high annual returns, interest paid on deposit and the security of a 180% developer buy-back guarantee.
Source: Barrasford and Bird