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)
|€ 140 000|
|€ 10 500|
|€ 2 000|
|€ 152 000|