Description of Crete
The Greek economy is likely to see growth for the first time in years in 2014 – a sign that progress is being made following the nation’s terrifying debt crisis. Property prices, on the other hand, fell a further 13 per cent on average during 2013.
Still, there’s respite to be found on some of the more iconic Greek Islands – Crete being such an example. Tourist meccas like Crete are to some extent immune to much of the turmoil happening back on the mainland as even during the very heart of the crisis, vacationers just kept pouring in. For short-term rental property investors, Crete is packed with solid opportunities. For holiday home hunters, low prices and the sandy beaches and lovely climate mean that it is always a great time to pick up a bargain.