Quest Greek Islands

Greek Islands Property Under 60,000

Is cheap property on the Greek Islands just a dream? Not at all!  Don't be put off by the photos of infinity pools and huge villas at an unaffordable price tag. For buyers on a lower budget, there is a surprisingly large selection of property in this select location under 60,000 euros: from renovations to ready to move in homes, even with sea views. And for those who would like to buy a Greek property and live on their favourite island, there is a choice of commercial and business opportunities available, so you can earn a living whilst soaking up the sun. Who wouldn't want to buy a slice of paradise at such little cost?

The Greek Islands property market is established with a stable local and international property market. Often under the radar of would-be buyers, the Greek Islands offers an opportunity for a breathtaking location, combined with slowly increasing prices. One of the best things about the Greek isles is that property prices have increased steadily, albeit more calmly, without the mad hysterical fluctuations of other European destinations. The choice of low budget homes is not what it was but, if you look hard enough, there is a plethora of cheap properties.

Despite Crete being one of the most popular islands, particular with those looking to relocate, you can still get a great pad for less than 60,000 euros (less than 55,000 British pounds).

Corfu, one of the most sought-after island locations and very green, with a mild climate, offers low budget properties and has high rental returns for buyers wishing to buy-to-let.

Quest Greek Islands explores some exciting cheap property possibilities...

Renovation
Tiny stone cottage in the traditional village of Xlomos on the Greek Island of Corfu - needs total renovation to provide 'one up one down' home. Xlomos is one of the prettiest villages in Corfu, almost in a time warp. Situated high above the coast it is only ten minutes drive down to the well known village of Boukari which has a beach, supermarket and one of the most famous fish restaurants in Corfu. In the other direction, a few mins leads down to the wide sandy west coast beach at Issos. The house is a renovation project which will give a two storey cottage in one of the charming little paved streets in the centre of the village.
Price : 21,000 Euros
www.corfuhomefinders.com

A super popular location on the most popular property buying island of Crete with all year-round facilities.  This house has the most fantastic sea views and whild for renavation will create a great home. Have your place in the sun at the top of the world!
Price : 37,000
www.cretan-homes.com

Attractive old stone house for renovation with sea views and a reduction in price on the island of Crete.

Kritsa is a traditional and popular bustling village just 9kms from the cosmopolitan town of Agios Nikolaos. The village has many local tavernas, shops and cafes. The property is an old stone house located in the centre of the village. There are 2 entrances to the property from 2 different lanes. The house has many lovely traditional features such as wooden ceiling beams, small balcony and stone fireplace. Arranged over three levels, the accomodation comprises on the upper level:
1 room with access from the lane
1 room with original stone fireplace and small balcony enjoying gorgeous village, mountain and sea views
Internal steps lead down to the lower level with
2 rooms, 1 room having access to the cul de sac at the back of the property, shower room.
At the lower ground floor level and accessed from the outside of the house are two further rooms which could be used for storage.
Water and electricity are connected. The total size is approx 120m2.
An attractive old stone house in a good central location which has the potential with renovation to become a goos sized two bedroom house.
Price: 37,000 euros
www.cretanresidences.com

House with garden and sea view on the island of Evia.

Walnut Tree House has the potential for a good size village home, with services in place and a distant sea view. This traditional house will be an attractive home, in a convenient village location with views of the Gulf of Evia. Requiring renovation the ground floor consists of a couple of store rooms and a small kitchen, with fireplace. Separate entrances and an external staircase leads to a balcony on the first floor. The first floor has a living room, bedroom and a large terrace. Outside there is a small pretty garden which could be enclosed to form a secluded space, with mulberry trees a walnut tree and traditional bread oven. The property is within the village plan, giving it potential for extending further. In addition there is a plot of land opposite, approximately 1,500 sq m, for sale by the same owner. Access is via a tarmac road leading down from the main village street. Water & electricity are connected. The main sewerage system can be accessed at the front of the property.
Price : 53,000
www.sunshineestates.net

Coast
Apartments on Crete, with sea view and near a golf course
Ready to go. 1– 2 bedroom property apartments and studios with communal swimming pool and panoramic views over the Hersonissos gulf in the village of Piskopiano in North East Crete. The old traditional village of Piskopiano is situated between Koutouloufari and Hersonissos on the North East coast of Crete, making it an ideal location for the nearby championship golf course. The village has a good selection of tavernas serving traditional Greek food. In total there are only eight apartments and one bedroom studio apartments are available.
Comprising
* Balcony.
* Fitted wardrobes.
* Solar panel.
* Kitchenette.
* Open plan living area.
* Fire place.
* Communal swimming pool.
* Shared gardens.
With sea views and communal pool in Piskopiano on the North East coast of Crete.
Price : from 53,000 euros
www.apropertyingreece.com

Villa
Great ready to move in, small holiday home on the fabulous award winning destination of Lesbos.

Detached Villa. Located in the beautiful island of Lesbos, in the area of Polichnitos, this is a very well-maintained, 35 year old townhouse. On a total floor area of 55sq m and totally renovated four years ago, it features one spacious bedroom, one bathroom, kitchen and open plan dinning/living room. Additional features include solar panels for hot water and air conditioning. Polichnitos is a small picturesque town with traditional stone-built houses. It has about 3,000 residents and it is on the south side of the island, only 45km away from the capital (Mitilini), 5km from the nearest beach and 40km from the airport. It is famous for its hot mineral springs, considered to be the oldest in Europe. The main port is Skala, a picturesque fishermen's harbour with lots of tavernas. All these combined together make this house ideal for your holiday home.
Price : 60,000 euros
www.propertygreece.com

Businesses
Don't want to buy, what about a business opportunity with just rental? A cafe, restaurant for rent. The property is over two floors. the ground floor is converted to a bar restaurant and is located in Panteli Leros. Set on the front of the beach so you can exploit local and foreign tourist trade with plenty of tables and umbrellas to catch thzeir eye. This business opportunity is located in the most touristy spot of the island, the fisherman's village and harbour. The property has a licence and is for rent.
Price : Rental 600 euros per month.
www.greecegreekislands.com


A different, more relaxed lifestyle with a business. Take over an established business for English imports on one of the most sought after islands for expats. Extremely interesting opportunity to acquire Corfu's very first English shop with enormous potential for development, and great fun to run as a business. Originally trading as English Imports, from 1994, with goods ranging from clothing to household items, and foodstuffs, the shops also specialises in quality furnishings, linens and accessories. The English owners are currently involved in another business and are looking to downsize their commitments. Currently based in the commercial centre of Corfu Town, in a small cul de sac, close to banks, post office and transport. Stock is primarily purchased from the UK through a wide range of suppliers, and the client base is founded upon local Greek customers, foreign residents, and owners/managers of the many holiday letting villas in Corfu. Stock includes, bed linens, living room accessories, furniture (small items in stock, larger items to order), gift items and greeting cards. There is a large contact network available for expansion of ranges if a new owner wishes. The sale price is for the name/reputation/trading base of the business. There is also a UK Ltd company with established trade references, included in the sale if desired.
Price : 49,000 euros
www.corfuhomefinders.com