Greek tourism development minister Costas Markopoulos commented recently to the European Weekly that Greek tourism in particular had weathered the financial crisis well compared to the rest of Europe with previously pessimistic arrival figures being discredited. Tourism in Greece has declined just 7% in the first half of 2009, compared to declines of 12% in Spain and 22% in Portugal according to the website ‘emportal’. The tourism markets are volatile, but Greece occupies a strong position. A traditional holiday favourite, combining the character of its ancient history and charm of its white-washed villages, Greece will continue to flourish as the financial crisis wanes.
Overseas property developers Barrasford & Bird Worldwide have seen an increase in enquiries for their Halcyon Hills development on the Greek island of Samos, resulting in a record 7 million sterling in sales in just two weeks. Robin Barrasford comments, “We are definitely seeing a vast improvement in the market with the last couple of weeks bucking the worldwide trend and proving to be one of the busiest for over a year.”
Luxury property at Halcyon Hills can be purchased from £176,000 with luxury frontline premier villas available from £735,000. Buying options include assisted finance, fractional ownership from £19,000 and guaranteed rental returns. A refundable reservation fee of £1000 applies. Built by AIPP founding members.
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