For many years the strict Greek planning regulations made resort development almost impossible. The Greek legislation has recently changed as the Greek government pursues its initiative to increase tourism on the islands by 50% by 2013. This will inevitably open up the Greek property market.
Full planning permission has been granted and progess has already been made on the site, so now is the time to invest in the development.
Building is due to start before the end of 2011, and completion is estimated to be early 2014.
A price rise is due at the beginning of February, to tie in with the commencement of building at this development, and the completion of the Chateau de la Cazine Hotel Suites, which will be completed and open to the public. This price rise will be of at least 5%, so contact us now to request a reservation form, to ensure you are able to purchase at the current prices.
The popularity of tourism and the envious way of life ensure a strong and stable resales market, vital for when you wish to sell your property and realise your investment.