Hartlepool, United Kingdom (PressExposure) March 13, 2009 -- Overseas property portal Property Abroad is seeing an increase in the number of searches for Greece property. The increase is likely due to people looking to take the credit crunch as an opportunity and get a bargain holiday home in the country, according to Julie Liddle, a market trends analyst with the firm, she said:
"The number of searches for Greece property has been increasing steadily since mid-January, and it is now one of the most searched for countries we cover. I put this down to people looking for a bargain holiday home, but the fact that many of the searchers end up enquiring about bargain properties in need of renovation, shows that a large percentage of them are potential holiday home investorsâ.
"We have started a monthly survey which we will be sending to those who have advertised, and currently are advertising properties with Property-Abroad.com Ltd, in an attempt to find out how many serious enquiries there are for the various markets we cover, and how many are just enquiring on a whim, and hopefully also to find out what properties are selling for compared to the prices they are advertised at. We will be revealing these findings on a monthly basis."
Property Abroad is currently listing some properties that are ideal for the new age property developing investor; i.e. properties that are being sold at very low prices because they are in need of renovation work.
A perfect example of this type of opportunity is the country house on the outskirts of Crete, being sold for around the Â£20k mark. The property is in an excellent location, and has scope to become a 2 or even a 3 bedroom house. Renovation costs will be far less than they would be in the UK, "it could be done up, and be an absolutely beautiful 2 or 3 bedroom house for about Â£32, 000," said Les Calvert, Property Abroad director.
Property Abroad have hundreds of properties in Greece, find out more by visiting the site.
About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.
To find out more contact Liam Bailey, firstname.lastname@example.org