Property – Kalamata – Foreigners buy second homes in Messinia, Greece
The area desired by 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, cottages, cottages and apartments, either for holidays or permanent homes. Property remains one of the best long-term investments and ownership is certainly one of the most enjoyable. Buying a home in the Messinia region is a fabulous way to broaden horizons and revitalize life. It provides a welcome respite to recover from the stresses and strains of modern life.
The Peloponnese is the southern part of mainland Greece, now divided from mainland Greece 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 the winter and not too hot in the summer. Messinia alone has over 100 km of coastline, with some of the best and cleanest beaches in all of Greece. The Mani Peninsula is situated to the east of Kalamata and has a mountainous landscape that is simply stunning. Taygetos is one of the largest mountain ranges in the Peloponnese and overlooks the city of Kalamata. Lying to the west of Kalamata is the Messinian Peninsula which, in contrast, has rolling hills and fertile valleys. It is considered the orchard and wine 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 property for sale in and around Messinia.
It is not just the British who are showing interest in buying second homes in the Messinia region. Every year, thousands of foreigners select Greece as their preferred destination to buy properties for permanent residence or second homes. These people are mostly Germans and Americans, although increasing numbers of other nationalities are showing up, such as Canadians, Dutch, Czechoslovaks, Austrians, and Scandinavians.
Despite property prices in the Kalamata area rising 30 percent last year, foreigners are snapping up properties to sell at bargain prices. There are many old stone houses for sale. Such 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 as low as £75,000 without a pool.
Most foreigners looking to buy property have previously visited Greece as tourists on holiday in the Peloponnese peninsula. A large number of them are pensioners who have settled down and brought houses to live in permanently when they retire. However, we are seeing more and more young couples and young families buying properties, settling down and creating a new life for themselves.
According to the National Property Registry of Greece, there are 1,750 properties and farms in Messinia that are owned by foreigners. Many Britons and other foreigners have already brought second homes to the Mani Peninsula. While relatively few have bought property on the Messinian peninsula. However, things seem ready to change. Interest in this area has increased in large part because the Government is actively encouraging investment in the Messinian 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 though property prices are steadily rising, Kalamata and the Messinia region are proving to be a favorite destination among expats looking to buy their dream property before the price becomes too high. tall.