Business & Finance Finance

A list of Reasons for buying an apartment in Halkidiki

For those people who always dreamed of owning a holiday home in Halkidiki it is looking like now is a good time to buy again with substantially reduced price properties available and a massive cut in property purchase tax .

 

There are all types of properties available for sale in the Halkidiki market with many very good deals because the owners really want to sell. There are lots of bargains out there with an unprecedented reduction in some for sale prices by almost 30%!!

 

This situation is the same throughout the region of Halkidiki with a backlog of houses available for sale in every resort. There are a plethora of properties off plan, nearly new and older apartments, detached houses, maisonettes, bungalows, and villas for sale on the market.

 

The reason why potential buyers should not wait to buy is because in addition to the huge reduction in property prices in Halkidiki, the government has also recently cut the purchase property tax from 10% to 3%! The aim of this radical decision is to promote the property market in Greece and attract foreign investors.  There really has never been a better time to buy a dream property in Greece! In the current market there are older houses for sale in Halkidiki for as little as 1000 Euros per sq.m, which was unimaginably cheap a few years ago!!

 

This fall in house prices is as a result of many Greeks who have a holiday home, resorting to sell their second property because of increases in the cost of living and these people who really want to sell have had to make their prices really attractive.

 

Construction companies have also been forced to join in the competition with some great offers for new houses. The house builders have found it equally as difficult to sell their properties recently so have been compelled to reduce their profits and make their houses a lot more attractive to buyers. At the same time they face considerable competition from older houses on the market which are much better value for money.

 

So if you are interested in buying a holiday home in Halkidiki now is the moment to realise your dream. Book a trip to Halkidiki and meet with a real estate agent in the area to help you to find and snap up a bargain!! 

 

For more information and selection of houses for sale in Halkidiki visit the website Halkidiki Villas



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