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17 March 2010

Your Dream Holiday Home in the Peloponnese

The preferred area for Brits to buy homes on the Greek mainland is the Peloponnese and there are plenty of properties for sale to choose from. The southern part of mainland Greece, now separated from the mainland by the Corinth Canal. The peninsula hosts some of the most important and imposing ancient sites in Greece. It has a warm winter, it is not too hot in summer and the beaches are clean. The mountainous landscape of the Messinian Mani is simple stunning and is dominated by Taygetos, one of the biggest mountain ranges in the Peloponnese. Whereas the Messinian Peninsula has rolling hills and fertile valleys considered to be the market garden and wine center in Greece. The city of Kalamata, with all its facilities put at the head of the Messini Bay in between the two peninsulas, thus making it an ideal location for prospective holiday home owners to search for properties for sale.

It's not just Brits who show interest in property for sale in Peloponnese. Every year thousands of foreigners choosing Greece as a destination to purchase property for permanent or holiday houses for their holidays. These people are mostly Germans and Americans, although there are a growing number of other foreigners listed as Canadians, Dutch, Czechoslovakians, Austrians, etc. Despite property prices in the Kalamata area rising by 30 percent last year, foreigners are snapping up property for sale at discount prices. There are lots of old stone houses for sale, full of charm and character that requires renovation or maintenance, and can be purchased from as little as £ 30,000 in Mani peninsula. New homes in Messinian peninsula starting from as little as £ 75,000 without swimming pool. Most of the foreigners who are seeking a property for sale have visited Greece previously as tourist on holiday in the Peloponnese peninsula. A large number of pensioners have settled and brought homes to live in permanently. However, we increasingly see young couples or those with young families to buy property, settle and make a new lives for themselves.

According to the Greek National Cadastre, has more than 2,500 foreigners who own holiday homes or property for permanent residents (total of 3200 hectares) in the coastal Peloponnese prefecture of Laconia. There are also some 1,750 properties and estates nearby Messinia, which is owned by foreigners. There are already many Britons with homes on the Mani peninsula, while there are relatively few who have ventured so far as Messinian peninsula.

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