Property – Kalamata – Foreigners buy second homes in Messinia, Greece

The desired area for the British to buy second homes on the Greek mainland is Kalamata in the Messinia region of the Peloponnese. There are a large number of properties for sale to choose from. Many Britons are buying properties such as villas, townhouses, town houses, country houses and apartments for holidays or permanent houses. Property continues to be one of the best long-term investments and property is undoubtedly one of the most enjoyable. Buying a home in the Messinia region is a great way to broaden your horizons and revitalize life. It provides a welcome bolt to recover from the stresses and strains of modern life.

The Peloponnese is the southern part of mainland Greece, now divided from the Greek mainland by the Corinth Canal. The Peloponnese peninsula is home to some of the most important and impressive ancient sites in Greece. The climate is usually mild and green in winter and it is not too hot in summer. Only Messinia has more than 100 km of coastline, with some of the best and cleanest beaches in all of Greece. The Mani Peninsula is located east of Kalamata and has a mountainous landscape that is simply breathtaking. Taygetos is one of the largest mountain ranges in the Peloponnese and dominates the city of Kalamata. Lying west of Kalamata is the Messina Peninsula, which in contrast has fertile hills and valleys. It is considered the orchard and the wine-growing center of Greece. The city of Kalamata with all its modern facilities is located at the head of the Messini Bay. Kalamata is an ideal place for prospective second home owners to search for a property for sale in and around Messinia.

It is not only the British who are interested in buying second homes in the Messinia region. Every year, thousands of foreigners choose Greece as their preferred destination to buy properties for permanent or second homes. These people are mostly Germans and Americans, although more and more people of other nationalities appear, such as Canadians, Dutch, Czechoslovakians, Austrians and Scandinavians.

Despite property prices in the Kalamata area rising 30 percent last year, foreigners are buying properties to sell at bargain prices. There are many old stone houses for sale. These properties are full of charm and character, are in need of renovation or maintenance and can be purchased from as little as £ 30,000. New homes start at just £ 75,000 without a pool.

Most of the foreigners looking to buy a property have previously visited Greece as holiday tourists on the Peloponnese peninsula. A large number of them are pensioners who have settled in and brought in homes to live in permanently when they retire. However, we see more and more young couples and families buying property, establishing themselves and creating a new life for themselves.

According to the National Land Registry of Greece, there are 1,750 properties and estates in Messinia that are owned by foreigners. Already many Brits and other foreigners have brought second homes to the Mani Peninsula. Considering that relatively few have bought properties on the Messina peninsula. However, it seems that things are going to change. Interest has increased in this area in large part because the Government is actively encouraging investment in the Messina peninsula. Its objective is to stimulate local income and employment through the development of tourism projects and local infrastructure.

It’s no wonder that even as property prices are steadily increasing, Kalamata and the Messinia region are proving to be a favorite destination among foreigners looking to purchase their dream property before the price goes too high.

Leave a Reply

Your email address will not be published. Required fields are marked *