Overseas bargain hunters poised ready to snap up cheap property in Greece

Overseas bargain hunters poised ready to snap up cheap property in Greece

Overseas buyers are becoming increasingly interested in property in Greece as people expect prices to plummet if the country leaves the euro.

According to estate agents prices could fall another 20% as political and economic uncertainty continues.

The office of Beauchamp Estates on the island of Mykonos is receiving three or four email enquiries per day, compared with about five or six per week a year ago.

"People have decided that this is the time to buy, though obviously they are waiting for the elections. For better or worse they want to get ready to act," explained Roi Deldimou who runs the Greek arm of the London based luxury estate agent.

 

Source: http://www.propertywire.com/news/europe/greece-property-prices-bargains-201206076613.html