HOTEL-FOR-SALE-HALKIDIKI

Halkidiki Hotels / Apartments for sale

Halkidiki hotels / apartments for sale

Starting a business is a very tough job when you are new in a market, but if you want to get a head start, you can think about buying a hotel / combo for sale in halkidiki.
Starting a tourism business is a very tough job when you are new in the market, but if you want to get a head start, you can think about buying one of the Halkidiki hotels that are on the market for sale. This will save you a lot of hassle from the start and you will be able to make the most of their position on the market, because of skipping a few steps in the process.

When you want to build a new real estate property Hotel from the ground up, there are a lot of things you need to do and a lot of time and resources you need to invest as well. When you go for Halkidiki hotels for sale, you do not have to wait until it is built, you may already have regular clients and you can make the most of the legacy that will come with it.

There are a lot of things you need to check out when you are interested in a property for sale in Halkidiki if you do not want to make the wrong choice. The legacy named before can be a very helpful tool, but it can also drag you down as well. Even so, you need to focus on the good parts you can make the most of once you will own your own hotel.

If you are looking for Halkidiki hotels for sale, you do not have to focus on a really big one with hundreds of rooms you need to manage. It may be a lot to handle and you may not be able to cope with it. A smaller venue may offer a much better point to start and it may also come with a lot more perks in the deal such as better location or more land.

When you think about the money you will make, a property for sale in Halkidiki that is up and running will be able to generate income from the first day. If you would take the time in order to build it from the ground up, you will have to spend a lot of time and a lot of resources in order to achieve your goal and you may not be pleased with it.

If you want to know more about the properties you can buy and all the perks that will come with it , the first site you need to visit for details is realestatecenter.gr. This is where you will find a wide range of options when it comes to a business search and you can take all the time you need to choose the right option for you.

beach-houses-for-sale-in-halkidiki

Tourism-related real estate dominant on European map

Greece is the dominant European market for investors looking for high returns in tourism-related luxury property, new market data have highlighted.

Nine of Europe’s 10 leading investment locations, in terms of high rates of return on upscale holiday homes, are Greek destinations, according to an annual report by international property consultants Algean Property.

Algean used 250-square meter luxury holiday homes promising rental income over 12 weeks during the summer season as the standard measure for its latest study.

Myconos, Santorini and Paros held their positions as the leading European destinations for luxury holiday accommodation investors. Myconos offers an 8.4 percent investment return, while Santorini and Paros registered rates of 6.4 percent, according to the market report. They were followed by six other Greek destinations, Rhodes, Skiathos, Elounda, Porto Heli, Halkidiki and Hania, in that order.

The profit to be made on property in Hania is on a par with the yields offered by investments along Croatia’s Dalmatian Coast, in Tunisia, and Nice, southern France. These destinations currently offer investment returns of approximately 4.8 percent, the study found.

More Greek destinations featured lower down the list. Cephalonia was in 13th position with an investment return of 4.1 percent, followed by Corfu on 4 percent. The Athens Riviera was ranked 23rd, promising investors returns of 3.4 percent.

Relatively stable property values for Greek luxury holiday accommodation over the past year and the fact that rental prices have remained elevated or in some cases risen, in turn contributing to high yields, were cited as the key factors behind the dominance of local properties in this investment market.

Holiday accommodation prices in Greece have dropped by an average of around 30 to 40 percent since the start of the recession at the beginning of the decade, helping boost global demand for the country’s tourism product. The results of Algean’s study also showed that the Greek summer tourism season has extended to include the month of May. Tourism-related property rental demand in May has increased in recent years.

The majority of investors eyeing or buying Greek holiday accommodation properties hail from the US, Australia, Europe and the Middle East, the study found.

Greece has the most affordable homes in Europe

The Greek homes market has the lowest rates among 18 European countries according to an international survey by the RE/MAX Europe network of estate agents.

In 2016 a 100-square meter apartment in a Greek city cost 92,200 euros on average, or 922 euros/sq.m., while outside urban areas the average price of a house of the same size stood at 67,000 euros (670 euros/sq.m.).

The price of city residences endured a further decline from 2015, when the average had come to 940 euros/sq.m. while country homes posted an increase from 650 euros/sq.m. in 2015. That increase reflects the increased buying interest in holiday homes last year.

For this year RE/MAX stresses that the residential property market is expected to stabilize as a result of the attractive sale prices, the increase in domestic demand and some signs of growth in the Greek economy. The intention of the banks to issue some mortgage loans, if under strict conditions, could also make a positive contribution.

According to Hellenic Statistical Authority (ELSTAT) figures, residential property transactions in Greece posted an increase of 25.2 percent in 2015, although the details remain unknown as most transactions are made exclusively in cash.

Greece has the cheapest homes in Europe thanks to the considerable drop in prices, which amounts to 45 percent since end-2008, according to the Bank of Greece.

In contrast, the highest prices in Europe are to be found in Luxembourg, where a 100 sq.m. city apartment costs an average of 797,500 euros. In Switzerland a similar house averages at 754,100 euros.

Prices of properties in Greece for use as holiday homes are particularly competitive when compared to rival destinations: In Italy the average price of a 100 sq.m. apartment in a city came to 210,000 euros (120,000 euros in the countryside) and in Spain the equivalent prices were 172,000 euros in cities and 117,000 euros in the countryside. They are therefore approximately twice as expensive as Greek properties, while the price trend across most European markets is upward.

Helping you find your dream home!

Whether this is your first home or one of many purchases in Halkidiki, we are here to help you make the process as smooth as possible. We review your list of wants and needs to help you narrow your search, along with helping to determine your price range.

We will preview our properties to show yo homes that match your requirements. We will arrange all viewings and walk you through each potential home, answering all your questions.
When it comes to negotiation we will carry this out and smooth out any potential conflicts.

A legally binding contract will be drawn up and we will help you with all the paperwork, referring you to the appropriate professionals for dealing with all the legal issues.

We provide you with all the information you need to make the right decision:

We have the most properties in Chalkidiki
We assist you with every aspect of the home buying process
We answer questions about the markets you are interested
We can provide you with important information about neighbourhood demographics, services and features
We help you compare villages /destinations

How to Find a Good Real Estate Agent

Meet agents out in their working environment, not in their offices. Good agents spend very little time at their desks.

Here’s My Price Make sure the agent has closed many properties and has worked a few years at least. You will want an agent that is willing to knock on doors that are not for sale. More closings mean more experience.

Check out open houses. Don’t worry that you are not interested in that particular property. The agent knows that open houses rarely produce a buyer for that home and use the open house as a tool to find buyers.

Contact the agent with whom a friend or relative worked. If this agent produced positive results for a friend, there’s a good chance they will do the same for you.

Make sure your agent is online. Having a web savvy agent is very important today as over 85% of all buyers initially see their homes online. Great agents have laptops and often have moved to mobile technology to assist. A real estate agent in today’s world must email, text, and be available to buyers and sellers alike.

Interview several agents. Whether you are looking for a buyer agent or seller agent. Remember though, agents will tell you what you want to hear. Make sure they are not selling you a dream partnership… you want to hire a realistic real estate agent. Don’t sign a buyers agreement form before looking for property (you should feel free to build trust with a real estate agent over several hours of looking before signing anything).

Look for signs that the agent is busy. A hard-working, go-getter of an agent is good. Be careful, sometimes they are too busy. A real estate agent can only effectively work with about a half-dozen buyers and a dozen sellers at any given time to properly give the time needed to a buyer. If they pass you to an “assistant”, move to another agent that will give their time to you.

Be sure that your agent is knowledgeable. Ask questions about things you have learned through your new-found interest in real estate. If they don’t know more than you – after all, this is her livelihood! – go on to seasoned agent. Local knowledge is particularly critical especially in city settings.
An excellent agent is the most important to you when buying a home for the first time. They should have experience and should be able to guide you through the complexities of the process including lender info that you will have to provide. The loan process has become much more demanding and complex in 2015

See how the agent’s MLS listings come up in searches. However if you wish to purchase your dream home that is not for sale it will not show up on the MLS. When listing in today’s market, all listings from small to big should have professional photos – this is the first sign of a professional real estate agent who understands today’s market.

Do some research. How respected is the brokerage/agent… You want an agent that will network and work cooperatively with other agents. Seasoned agents tend to know the other agents in the area and have good working relationships with them. This tends to transform into good transactions.

Check the references that an agent should be able to provide you. Ask the other real estate agents you interview if they know the other agent and if they respect them as a real estate agent.

Ask your agent where they live. An agent that lives and works locally will have their finger on the pulse of the market and be able to answer important questions about the community. They should at a minimum know the schools where they work. This is especially important in large cities.

Ask “Can you recommend service providers who can assist me in obtaining a mortgage, making repairs on my home, and other things I need done?” Keep in mind here that a real estate agent should generally recommend more than one provider and shouldn’t receive any compensation (ethical issues tend to arise when this happens).

Ask how long the real estate agent has been working full time. It is not that newer agents aren’t capable, it just is a factor in making an informed decision. Many “experienced” agents are not always the best choice either. Especially if they haven’t kept up with technology.

Ask the agent if the real estate agent is a full time agent. Is this her only job? You should demand a full time agent.

Ask Who the agent is working for in the transaction, the buyer or the seller (a real estate agent selling a house almost always works for the seller and tend to spin things a sellers way)

Ask “How will you keep me informed about the progress of my transaction? How frequently?” Using what media? Again, this is not a question with a correct answer, but that one reflects your desires.

TIPS:
Don’t expect an agent to call you instantly when you leave a message, but do expect a call back within 24 hours or a reasonable amount of time depending upon the situation.
Don’t call your real estate agent after hours, past 9 pm or so. They have a life too.
This is your most important transaction of your life, a seasoned real estate agent does this everyday and understands the many problems that arise during the process. Try to keep the big picture in mind.
Your house / or the house you are buying is a commodity. Supply and demand within a neighborhood play an important role in pricing and timing of a sale. Try not to become overly emotionally involved in the purchase/sale of the property.

See a few properties in the same area on open house day, to get an idea about the house prices in your selected neighbourhood. This will help to keep you from being completely blind-sided when you go to an agent.

Work with a Local Market Expert. There are real estate agents who specialize in working within a specific community. Even if you have a real estate agent that you like, you might be best served by a real estate agent who knows the area well, and can advise you about any adverse local market conditions that an outsider might not be aware of.

If you are a buyer, you want to work with a Buyers Agents (also known as a Buyer Broker.) This way you know your interests are protected in the transaction. Likewise if you are a seller, you want to work with someone that is experienced in representing the seller and securing the most qualified buyer at the best net profit for you. Not all agents are experts in working with buyers or sellers, so you need to ask specifics.

8 tips for buying a house in Greece

When you’re buying a home there’s a lot to think about, but it doesn’t need to be stressful. These tips can help you steer in the right direction if you’re considering a move in the near future.

8 tips to help you buy the right home
1. Don’t believe the hype (good or bad)
Do your own research to find out if your target suburb is hot or not.
There’s several tools available to help you discover a suburbs potential.
Our suburb profile pages and our invest pages offer data on most suburbs in Halkidiki.
On these pages you’ll find:
• median property prices;
• data showing the impact of interest rates;
• and the average number of people looking for property in that suburb versus the number of properties for sale.
All this gives you a great insight into the suburbs you’re considering for your next move or investment so you can leap with confidence into the adventure.
A particularly useful insight is supply to demand ratios and trends over time. These give you the bigger picture of a location, and can help you consider the property/suburb’s potential.
What matters is whether it’s your right time to buy, for your needs and circumstances. Knowing the state of play is useful to help you calibrate that decision, but shouldn’t be the only thing that motivates.
2. Location & fieldwork
The old property maxim still holds true. But that doesn’t mean inner city rules.
You want a property that delivers what you need now, or enough of what you need that you’re happy to compromise for longer term capital growth.
Be very clear about what matters to you
• access to major roads;
• public transport;
• shopping or entertainment hubs;
• cultural diversity.
Shortlist suburbs that deliver on those needs.
Do some field work to make sure the suburb’s right for you. Walk around the area you’re thinking of buying in. Grab a coffee, or a meal at the local pub. Pretend you’re already living there and see if distances are what they seem, and atmosphere is living up to expectations.
Of course it will be a little different once you’re moved in, but experiencing it first hand gives you a critically useful taste for the reality of that location.
Look closely at what developments or infrastructure is planned around the area in case your quiet corner is about to become a developer’s haven.
3. Consider surrounding suburbs
If your target suburb is out of budget, consider more affordable neighbouring suburbs.
Before you buy, talk to locals to get residents views on the suburb and its best streets. Reading local publications and connecting with local websites, bloggers or personalities can also give you helpful insight.
If you’re attracted to an area because of its rising value, remember that may spill over into next door suburbs.

4. Look for the upside
Cooler periods in the housing market can be windows of opportunity, so it’s worth keeping an eye on interest rate and market trends.
Some locations are hitting the bottom of a pricing cycle, so there are bargains to be had.
(Hint: use the search filters on www. Realestatecenter.gr to look for oldest listed first to see which properties may have struggled to get up, and may be amenable to negotiation).
If you’re not ready yet, use Spring to prepare to buy in the quieter months of the year, when there may be less competition for the house of your dreams.
5. Talk to the experts
Talk to local agents to find out what’s happening in the market
You may not get your dream home right away. It’s ok. Consider apartments instead of houses in the location you are wanting to purchase, they are often more affordable and put you in your desired location. Or you may choose a property that needs a little TLC, but ticks other boxes.
Work closely with your agent to develop an action plan and strategy that meets your goals and needs.

6. Get in first
When looking for real estate bargains, register for www.realestatecenter.gr so you are among the first to hear about properties for sale.
Other ways to keep a step ahead include searching via the public trustee, deceased estates and mortgagee sales.

7. Monitor close to home
If you’re looking to buy a property in an area where you’re already living, take a close look at other properties that go up for sale nearby. Look at how they’re marketed, how well inspections are attended and how long they spend on the market.
This will give you an indication of how the market is doing in your neighbourhood and can guide you on the price you should be paying for a property close by.
Search for property sold prices

8. Inspect smartly
Smart sellers naturally stage their homes to make sure they look their best when you view them. You’d do the same.
Remember to look between the lines (or cushions) for issues that might not be immediately obvious. Take along a list of practical things to check – things like adequate power points, hole or cracks. That way, if you fall instantly in love, you won’t suddenly forget to sanity check for possible pain points.
Read more: What to look for when buying a staged home
Take notes and get your building or pest inspector to follow up on anything unusual or concerning.
Follow us on Twitter for more news, tips and inspiration. Become our mate on Facebook and explore our Pinterest boards.

Guide to Buying Property in Halkidiki

To outsiders it might seem as if Greece had a rocky time over the past six years. There’s been the banking crisis, lots of elections and the EU’s rescue package, a sharply rising cost of living – and unemployment rate. But with plenty of sun, the amazing beaches and the clean sea international buyers were not deterred.

Balkanian and Russian investors attracted to Halkidiki area for the reasons they have always been: the fantastic long summer, ancient history and a long-established tourism and began buying new properties of €300,000 or more. Expect this Visa opportunity through gold Visa for non EU countries (read more) is another reason many people invest in Halkidiki.

Accessibility to Halkidiki from all Europe is also a key attraction, the airport is less than an hour away (about 100km), but also you can come with your car the roadway is good and safe.

With property prices still well down in 2015 due to economic crisis and high taxes for Greek citizens, cash buyers can get some great deals buying a property.

How to Buy a Property in Halkidiki

The best way to buy a property in Halkidiki is through a professional Real Estate Agent. Purchasing a property in Halkidiki is based on Greek law. When a buyer finds the right property, they should put down a Reservation Fee depending on the value of the property, it is best to reserve it this way as many resale properties are offered by more than one agency. Contracts are then drawn up, outlining the conditions of the sale, and signed by the buyer and the seller.

After that a lawyer and a notary public are necessary to make all procedures for the transfer of the property to the new owner (our office can do everything for you).

Buying Costs in Halkidiki Greece

The main costs for public services and tax are:

-Registration Fee at the Land Registry: To dubbed the purchase contract in the relevant Land Registry the purchaser is required to pay 0.45-0,75% of the consideration or the objective value of the contract, whichever value is the greater.

Real Estate Transfer Tax: The Property Transfer Tax is calculated at 3% for used properties that constracted before 2007 and 24% for new build properties (2007 and after).

For more information about the costs and the taxes your can contact our office.

Holidays in Halkidiki – how can I spend my time?

If you choose your summer-house to be in Halkidiki- congratulations! It’s a amazing place for relax. Everyone is friendly and welcoming. There is no rushing around, life is at a much slower pace and it’s not unusual for lunch to take a few hours, sometimes longer!

All around Halkidiki almost in every village there are lots of bars and restaurants. The beaches are clean you can choose a deserted beach or an organized beach bar with sunbeds, cocktails and parties.

There are also several clubs especially in Kallithea area where you can dance till the morning.

You can have lots of activities like walking in the mountain, renting a boat, visiting history and geography monuments. Thessaloniki is also near where you can find every think about shopping, historical places, hospitals, cinema etc.

Finally almost all the Greek citizens used to speak English so it’s easy for everyone to communicate.

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Where We Invest

Real Estate Center continues to acquire real estate properties . We target a variety of investment opportunities, from conventional market-rate deals to transactions that require more creativity than the general marketplace can offer at Halkidiki.

Continue reading “Where We Invest”