Corridor 10 – Good news for Greek property investments

Greece has always suffered from one unavoidable weakness when attracting investment of any type. Its relative isolation from the rest of Western Europe makes the swift transit of goods extremely difficult, so the country relies upon shipping or long and arduous routes through Eastern Europe. Obviously, this is a major problem for freight companies and exporters, but it also creates difficulties for foreigners moving to Greece on a temporary or permanent basis.

More on Corridor 10 – Good News for Greek Property Investments

As a purely financial investment, Greek property is a slow gainer. The government has actively tried to discourage speculation, through building restrictions and a harsh gains tax. As somebody who lives in this beautiful country, I am glad that it has gone down this route. Greece has largely avoided the condominium fetish of many other Mediterranean destinations.

More on Greece: The Perfect Retirement Destination

Everybody loves Greece, the epitome of sun, sea and sand mixed with a rich history and culture culture. Millions of tourists flock to the islands, and fall in love with the romantic Greek dream. Some decide, reasonably enough, to buy a holiday or retirement home, swayed by the relatively low price of Greek property. Greece is a wonderful country for relaxation, but it is important not to let passion sway financial decisions. Take a deep breath and do some research before deciding upon the perfect home.

More on Retirement Homes in Greece