Brits seeking great value property in Greece
Friday 5th of August 2011
While the country may still be struggling to cope with ongoing debt problems and domestic unrest, Greece is seeing increased interest from savvy British Property buyers looking to snap up an international property bargain.
New research has found that web searches for Property In Greece rose sharply in June with some areas seeing a significant uplift in interest.
Online searches for Property In Greece up 21.7 per cent in June 2011
A new survey from foreign exchange company Moneycorp and Rightmove has found that June 2011 saw a 21.7 per cent increase in online searches for Property In Greece.
The research also found that certain areas of the troubled country including Samos and Rhodes saw a 50 per cent increase in internet searches in June.
The head of Rightmove’s overseas property division, Shameem Golamy, said: “It’s clear that the problems with the Greek economy are helping drive attention to the investment opportunities located there.”
Olann Kerrison, senior currency analyst at Moneycorp, said that the attention of Brits had been drawn ‘to the potential that the Greek housing market might hold in the future, once the economy is in a healthier state and the government achieves stability’.
Other countries also saw an uplift in web searches
The survey also found that other countries saw an increased number of web searches for property in June 2011. Property In Spain, Turkey and Italy all saw increased interest, while there was a 17 per cent increase in searches for Property In Croatia.
The research found that 53.4 per cent of locations saw an increase in searches in June 2011. The most popular country for searches was Spain, followed by France, the Usa, Portugal and Italy.
