WHY
PROPERTY ON CRETE IS A GOOD BUSINESS INVESTMENT
There is something about living
on an island which is indefinable but in reality makes life special.
There simply is an added value to saying one has property on
a Greek Island.
From a financial and practical point of view
there are excellent reasons for choosing Crete above the many
other options there are.
The ongoing improvement in services, facilities
and infrastructure leads to a continuing increase in property
values and it is, a rapidly upward moving market. The changes
during the past 10 years have been quite dramatic.
The real-estate market is experiencing a significant
upward trend with annual price increases of 10 – 15%. Investment
in property on Crete can be considered a sound investment.
Crete is well set up so that legalities are dealt with locally.
Unlike other European countries Greece has
a low inheritance taxation system and there is no Capital Gains
Tax in Greece.
The cost of living is much lower than most
parts of Europe.
Crete is one of the safest places in Europe
to live and own a home with a crime rate that is practically
zero.
Because of the size of Crete, you are more
likely to find exactly what you want - from the sophisticated
end of the market to an eco friendly, remote property.
For those who need or want to travel internationally
for business or pleasure, Crete has two International airports.
There are charter flights to most European countries throughout
the summer season (8 months). There are several flights a day
to Athens and this is a year round service. Athens is a hub for
international travel. Six ferry ports on Crete provide an excellent
and convenient service to the mainland and to the islands. There
are daily connections to Pireaus throughout the year. There is
also a direct service to Italy during the summer months. |
