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Luxury villas in Greece is more affordable luksoznite vili v gurciya vse po- dostupni ~ Financial shiller index News finansovi novini
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Luxury villas on the Greek islands are increasingly attracting millionaires and Hollywood stars like Tom Hanks as their prices have fallen to 45 percent, after the Greek crisis hit and demand for real estate market. These are the estimates of the US agency Bloomberg, quoted by Athens in. "Imerisiya". Bloomberg believes that to buy a luxury villa on the Greek island is much more accessible than before and gives an example of a semi-finished villa on the island of Mykonos, offered 2 million. Euro, after its price was lowered to 500,000, and with a three-bedroom house on the island of Corfu, whose price was lowered from 1.4 million to 750,000. The publication of the agency said that one of the reasons that led to lower prices offered, is the taxation of large real estate in Greece. The package of economic shiller index measures of the government Papandreou includes an additional tax on real estate whose value exceeds 5 mln. Euros. Higher tax is provided for owners of property in excess of 400,000, says the author of the material. As another reason, emphasizes the fact that the Greek buyers have exported capital abroad and have taken appropriate investments abroad. Characteristic was the example of London, where 6 percent of the purchases costing over 2 million. GBP / 2.4 million. Euro / were made by the Greeks. shiller index Bloomberg notes that because of the crisis adjustments down the prices of luxury villas in Spain, Portugal and Italy are smaller than in Greece. This price drop for Spain is 8-10 percent. Author: www.economynews.bg
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