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Crete Is More Than Just A Holiday Destination

Chania, Crete has for many years been a popular holiday  destination but, more and more, people from northern European countries are choosing to invest in property in Crete. As a result, Crete is now experiencing a boom with property values steadily increasing, year by year, sometimes by as much as 20%. This trend is set to continue and so makes buying a property in Crete a lucrative financial investment.
 
Crete as the second Homeland!

In an attempt to escape the severe winters of northern Europe and to more fully enjoy the impressive beauty of the island, increasing numbers of admirers of Crete are improving the quality of their lives by acquiring a home in this island paradise. Excellent transport links, provided by the airport on Akrotiri and the ferry port at Souda, make the island easily accessible all year round.
 
Investment in Crete

For many years foreigners could only acquire buildings or property in Greece subject to major restrictions. Accordingly, the demand was slight, and this was expressed in the comparatively low prices of Cretan property. However, since these restrictions were lifted in 1990, buying a property in Crete is now an easy process for EU nationals and has led to increased interest by European investors. Of course, there are other important factors which  contribute to Crete's investment attraction: 

  • A low population density (only 600.000 inhabitants on 8.300 sq. km.) with a high standard of living,  universities,
    private and public hospitals, etc. 
  • An ongoing programme of urban regeneration and  continuous upgrading of Crete's infrastructure. 
  • A sense of security based on a low crime rate, with only 20% of the overall crime rate of Greece and only 5% of that of all other European countries. 
  • A better quality of life due to the more relaxed  environment and healthier diet. 
  • An enviable climate, with long, hot summers followed by short, mild winters.  And, last but not least, a reasonable property price range which gives Crete an undisputed competitive edge. 
  • And many, many other advantages that you will discover while you will discover the Chania region.
 

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