Home Why Samos Island Greece Is a Great Place To Buy Overseas Property
May 11, 2019
Looking for a Greek Island to buy a property? Then look no further than Property in Samos Island. Greece is attracting foreign buyers and it’s now the time to act before the rush begins. Where there is tourism there is an opportunity
Find the most beautiful beaches in Greece, quaint authentic villages, museums, churches and sights to see. Samos’ landmarks are still its vineyard-coated mountains, traditional villages and inland orchid fields.
Beaches in Samos
When buying a property abroad, its always good to think about alternative uses for your home overseas and an exit strategy i.e. who will you be selling your property too when you need to sell. This sort of long term thinking will help you buy in the best location. A location that has tourism means holiday rental opportunities and the potential to sell your Samos home to both local and international buyers
Samos has a great tourist industry fueled by a fantastic location and of course beaches. Travellers to Samos rate the beaches highly and a quick look on Tripadvisor reveals the top beaches in Samos to be
The Greek Island specialists at Greeka.com recommend saying
“Tsamadou beach Samos: Tsamadou is among the most beautiful beaches in Samos island. Located about 3 km from Kokkari, Tsamadou is a lovely bay surrounded by lush greenery and with crystal blue green water. A small path leads from the main road to this wonderful beach that is lined up with delicious taverns and few beach cafeterias” Source: www.greeka.com
Best places in Samos
Thomas Cook recommend one the best destinations in Samos as Kokkari a easy-going fishing village on the northwest coast of Samos is a cluster of pretty, terracotta-roofed Greek
The Greek Property Market
The time is right to pick up a bargain property in Greece, prices are set to increase and on an Island like Samos where there is a limited supply you are potentially going to get a great return in the medium to long term
“Greek property prices fell considerably between 2007 and 2017. However, in 2018, this trend seems to be reversing. Regions with good tourism will always do well in the end “
Nick Marr Homesgofast.com
During the first nine months of 2018, the total number of construction permits rose by 9% to 10,817 units from the same period last year, according to Hellenic Statistical Authority. But it remains far below the 70,000 to 80,000 permits issued annually from in 2004 to 2007.
To revive the housing market, the Greek government recently offered residence to non-EU investors purchasing or renting property worth over €250,000. The residence plan is similar to measures adopted by Hungary, Spain and Portugal. The plan is valid for five years and is open to renewal.
Housing Index in Greece increased to 60.50 Index Points in the fourth quarter of 2018 from 60.10 Index Points in the third quarter of 2018. Housing Index in Greece averaged 78.99 Index Points from 2006 until 2018, reaching an all time high of 102.20 Index Points in the third quarter of 2008 and a record low of 58.90 Index Points in the third quarter of 2017. Source Trading Economics
Getting to Samos
The airport of Samos island is located 4 km from Pythagorion, on the southern side of the island. It serves domestic flights to Athens and Thessaloniki all year round. The flight time from Athens and Thessaloniki to Samos is 1 hour
Ferries connect Samos with the port of Piraeus, the largest port of Athens, and the trip takes about 12 hours. Ferries also connect Samos with other islands of the Aegean Sea, including Syros, Mykonos, Ikaria, Chios and more. Samos has two main ports, Vathy and Karlovassi, while in summer another port, Pythagorion, also operates. In summer, there are daily boats from Vathi Samos to Agios Kirikos Ikaria and Fourni. There are also daily ferries from Vathi Samos to Kusadasi Turkey and many visitors go and return as a day trip Source: www.greeka.com
Kos Charter flights are usually quite reasonable from UK -the Aegean Flying Dolphins has fast boats via Kos -Kalymos-Leros–Patmos–Samos
If you are booking far enough in advance try Aegean airlines, Athens, & Athens-Samos. Aegeanair.com/ can have some good deals & are an excellent airline.