Wednesday, July 28, 2010

Guide to Buying Holiday Villas in Greece

Planning to get yourself a house for sale in Greece, then you must do some research about the country. Greece is in Southern Europe, bordering the Aegean Sea, Ionian Sea and Mediterranean Sea. The population of Greece is around 11 million and it has been an EU member since 1981. Greece became the 12th member of the euro zone in 2001. It is one best holiday destination as the climate in Greece is temperate, with mild, wet winters and hot, dry summers. Greece’s coastline is 14,000 km long and Greek beaches are EU certified as Europe’s cleanest. Greece is one of the most mountainous European countries and is a delightful all-season destination, with indoor and outdoor activities to suit everybody’s needs. The Greek standard of living is very high. Buying villas for sale in Greece is straightforward, and Greek property ownership is freehold.

Buying a house for sale in Greece is simple and uncomplicated. Anyone, regardless of nationality, can be a property owner. All properties in Greece are under the jurisdiction of the State and all property owners in the country have equal rights and responsibilities. A nationwide Land Registry is underway; some islands already have land registries, while properties in the other areas are registered in the Registry of Mortgages.

Every single building in Greece has been designed and constructed keeping in mind European Regulations and Standards, and they are in complete accordance with strict rules for earthquake protection. Apartment buildings in cities are not allowed to exceed five stories, while in smaller towns and rural areas the buildings are much smaller in size, with the average height going to single or two stories.

Greece is a country which has diverse options for buying holiday villas in Greece. High-quality, off-plan construction projects are readily available alongside detached stone houses in the traditional Greek style or modern semi-detached villas and townhouses. Furthermore, if one compares property prices in Northern and Western Europe, properties in Greece are must cheaper.

There is a wide range of villas for sale in Greece, since the time Greek property market opened itself to foreign buyers in the early 1990′s, thousands of holiday villas in Greece have been in demand and finally purchased by British, German, and other western European buyers. During the same period, the Greek property market has enjoyed steady growth rates of 8-12%.

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