Buying Property in Greece - GoFuckYourself.com

slapass · 05-20-2014, 06:19 AM

This is my new endeavor. I want to buy something in a country that got hit hard by the last crisis and has not recovered. They have not allowed foreclosures in Greece yet but I see that they are seizing property using other means. So it is shaking out. Anyone have experience there? They have some new building code rules that make any new purchase a nightmare according to what I have read.

klinton · 05-20-2014, 07:21 AM

dont forget about Spain...and Detroit ;-)

slapass · 05-20-2014, 07:37 AM

Spain is an option for sure. I actually like it and have been there. Greece seems like it is due for some serious pain this year though.

romeo22 · 05-20-2014, 07:42 AM

You r very wrong.Its very expensive to buy property in Greece.Try to search some real estate company and see the prices

~Ray · 05-20-2014, 07:45 AM

good luck profiting on other's misfortunes

Sid70 · 05-20-2014, 08:10 AM

Crimea property no?

pornguy · 05-20-2014, 08:18 AM

Buying in Spain is not cheap either. We do plan to check more when we go in July but Its not looking good.

Sid70 · 05-20-2014, 08:24 AM

I would def look into Northern Italy.

Manfap · 05-20-2014, 08:35 AM

Quote:

Originally Posted by pornguy

Buying in Spain is not cheap either. We do plan to check more when we go in July but Its not looking good.

Depends where you are.

DBS.US · 05-20-2014, 09:36 AM

http://www.detroitmetrorealestate.co...FUVbfgodlSQAmw

slapass · 05-20-2014, 09:40 AM

Quote:

Originally Posted by romeo22

You r very wrong.Its very expensive to buy property in Greece.Try to search some real estate company and see the prices

It is super cheap. You can get a brand new 160 m condo for 180k usd. Prices are nuts there. Now I don't areas etc so that is an issue. Prices are down 50% from their peak though pretty much overall.

Sid70 · 05-20-2014, 09:51 AM

Quote:

Originally Posted by DBS.US

http://www.detroitmetrorealestate.co...FUVbfgodlSQAmw

If it gave me a US residence permit I would buy one right away.

slapass · 05-20-2014, 10:03 AM

Quote:

Originally Posted by ~Ray

good luck profiting on other's misfortunes

Not sure what to say to that?!? The people of Greece would/should welcome outside investment. But you are saying since they are at a point where few people want to buy, we should all stay away and let them to themselves as it is "better." So not spending my money there helps who? I hurt who by buying stuff there?

klinton · 05-20-2014, 10:33 AM

Quote:

Originally Posted by pornguy

Buying in Spain is not cheap either. We do plan to check more when we go in July but Its not looking good.

Quote:

Originally Posted by Manfap

Depends where you are.

exactly...I would say that is cheap and bargain, but dont forget about about IBI tax......

SekobA · 05-20-2014, 01:49 PM

smart move dude.Trying to buy property near the sea will cost you a hole fortune

scubadiver626 · 05-20-2014, 01:55 PM

Buy property where they're running out of room to expand. Your investment is sure to grow until the next natural disaster.

mineistaken · 05-20-2014, 02:02 PM

Quote:

Originally Posted by slapass

Not sure what to say to that?!? The people of Greece would/should welcome outside investment. But you are saying since they are at a point where few people want to buy, we should all stay away and let them to themselves as it is "better." So not spending my money there helps who? I hurt who by buying stuff there?

His post applies to greeks as well, I mean greek buyer doing the same thing would be also "profiting from misfortunes".
So basically what he is saying that nobody should buy the properties and let them stay empty for 100 years until it finally breaks into dust

All in all - stupid comment.

mineistaken · 05-20-2014, 02:03 PM

Quote:

Originally Posted by slapass

It is super cheap. You can get a brand new 160 m condo for 180k usd.

Is that premium location? If random location than it is not super cheap, you can build/develop 1 square meter of condo space for $1125 in Greece.

Dead · 05-20-2014, 02:22 PM

I am currently looking at Portugal....feedback welcomed, Azores to be more specific.

John-ACWM · 05-21-2014, 02:07 AM

Got me a little interested, I guess I will look at some prices.

Biggie Smalls Web Writing · 05-21-2014, 03:29 AM

Got friends from Greece and usually go there a few times a year. Buying a property would be a very good investment, since everything is cheap. Their economy will recover the sooner or later, and then boooom, the prices will go up again. Trust me on this one

DVTimes · 05-21-2014, 03:33 AM

on uk ch5 write stuff the other day, odly one of the guests was from greece and he said property is cheap. but he also pointed out most people do not buy, but rent.

in spain property was cheap but brits went out and the price shot up.

slapass · 05-21-2014, 04:03 AM

Quote:

Originally Posted by DVTimes

on uk ch5 write stuff the other day, odly one of the guests was from greece and he said property is cheap. but he also pointed out most people do not buy, but rent.

in spain property was cheap but brits went out and the price shot up.

Same is true in Brazil. Most people rent but the prices still move when times get better. The rent is also nice as it allows you to hold on.

pimpmaster9000 · 05-21-2014, 04:32 AM

you should look up Sicily in Italy also Reggio Calabria...

if you buy online you will get shafted on the price where ever you buy...you need to be there for months and moths and find a local to search for you...

afoo · 05-21-2014, 04:35 AM

Why not in Turkey? Great weather, great people and lots of tourism. It's also a great investment

adultwebmestar · 05-21-2014, 04:54 AM

Quote:

Originally Posted by afoo

Why not in Turkey? Great weather, great people and lots of tourism. It's also a great investment

and huge earthquakes...

jimmycastor · 05-21-2014, 05:18 AM

Quote:

Originally Posted by crucifissio

you should look up Sicily in Italy also Reggio Calabria...

if you buy online you will get shafted on the price where ever you buy...you need to be there for months and moths and find a local to search for you...

all the atomic and chemial waste from all over europe putted into sea in this region is definitly a big motivation to invest there. ive read an article where members of us bases are not allowed to move to certain quarters and drink
tap water to avoid cancer 8(

Theo · 05-21-2014, 08:14 AM

Unless you have access of historic pricing and become familiar with the area the property is located, I don't see how you would make a wise purchase

Dmcontent · 05-21-2014, 08:24 AM

Quote:

Originally Posted by Dead

I am currently looking at Portugal....feedback welcomed, Azores to be more specific.

Portugal is cheap now, not as cheap as Spain but not fare up, Azores is great but for a short period of time, Nice villas for around $150 000 are easy to find.

RummyBoy · 05-21-2014, 11:14 AM

If Portugal is cheapish, id be interested in the silver coast region.....

On the other hand, if its a PURE investment play and you don't have a lot of cash on hand, China's property bubble is bursting right now albeit slowly. In a second/third tier city you can pick up a decent three bed apartment in multi-story block for less than $80k.

Just a year ago, $80k would just about manage 2 bedroom. Im talking about 2nd/3rd tier cities but good ones. Long term you're going to get great returns but you also have to remember that China is on course to be the superpower of the world.

China is on course to be the largest economy in the world so if you measure up, you could bag a winner. Also long term, it is widely anticipated that the yuan will strengthen against the USD - the gains made against the USD could outpace even the gains you make on the property itself.

Not to mention youll have a nice diversification away from home country assets.

candyflip · 05-21-2014, 11:16 AM

I've got my eye on a few homes in Greece.

05-20-2014, 06:19 AM	#1
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	Buying Property in Greece This is my new endeavor. I want to buy something in a country that got hit hard by the last crisis and has not recovered. They have not allowed foreclosures in Greece yet but I see that they are seizing property using other means. So it is shaking out. Anyone have experience there? They have some new building code rules that make any new purchase a nightmare according to what I have read.

05-20-2014, 07:45 AM	#5
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	good luck profiting on other's misfortunes __________________ Adult Backlinks for Adult Websites - Testimonials Available

05-20-2014, 08:10 AM	#6
Sid70 Downshifter Industry Role: Join Date: Dec 2002 Location: Road trip Posts: 16,413	Crimea property no? __________________ Русня, идите нахуй!

05-20-2014, 08:18 AM	#7
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	Buying in Spain is not cheap either. We do plan to check more when we go in July but Its not looking good. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

05-20-2014, 08:24 AM	#8
Sid70 Downshifter Industry Role: Join Date: Dec 2002 Location: Road trip Posts: 16,413	I would def look into Northern Italy. __________________ Русня, идите нахуй!

05-20-2014, 07:21 AM	#2
klinton So Fucking Banned Industry Role: Join Date: Apr 2003 Location: online Posts: 8,766	dont forget about Spain...and Detroit ;-)

05-20-2014, 07:37 AM	#3
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	Spain is an option for sure. I actually like it and have been there. Greece seems like it is due for some serious pain this year though.

05-20-2014, 07:42 AM	#4
romeo22 你自己去他媽的 Industry Role: Join Date: Mar 2008 Posts: 23,347	You r very wrong.Its very expensive to buy property in Greece.Try to search some real estate company and see the prices

05-20-2014, 09:36 AM	#10
DBS.US Geo Cities Industry Role: Join Date: Aug 2003 Location: North Captiva Island, Florida USA Posts: 11,832	http://www.detroitmetrorealestate.co...FUVbfgodlSQAmw __________________ Make a Free Chaturbate White Label site in 34 minutes and be making money tonight

05-20-2014, 01:49 PM	#15
SekobA Too lazy to set a custom title Industry Role: Join Date: Oct 2008 Location: 567721649 Posts: 12,166	smart move dude.Trying to buy property near the sea will cost you a hole fortune __________________ Best Affiliate Program Available Start Promoting 25% REV-SHARE

05-20-2014, 01:55 PM	#16
scubadiver626 Confirmed User Join Date: Oct 2006 Posts: 1,034	Buy property where they're running out of room to expand. Your investment is sure to grow until the next natural disaster. __________________ AsiaMoviePass My Best Rebilling Site

05-20-2014, 02:22 PM	#19
Dead They left the door open Industry Role: Join Date: Apr 2003 Posts: 4,512	I am currently looking at Portugal....feedback welcomed, Azores to be more specific.

05-21-2014, 02:07 AM	#20
John-ACWM Work Work Work Industry Role: Join Date: Nov 2008 Location: EU Posts: 20,060	Got me a little interested, I guess I will look at some prices. __________________ Video Chat Forum

05-21-2014, 03:29 AM	#21
Biggie Smalls Web Writing Confirmed User Industry Role: Join Date: Aug 2011 Location: Europe Posts: 3,993	Got friends from Greece and usually go there a few times a year. Buying a property would be a very good investment, since everything is cheap. Their economy will recover the sooner or later, and then boooom, the prices will go up again. Trust me on this one __________________ xxx Translations Translation & Copywriting Services Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

05-21-2014, 03:33 AM	#22
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	on uk ch5 write stuff the other day, odly one of the guests was from greece and he said property is cheap. but he also pointed out most people do not buy, but rent. in spain property was cheap but brits went out and the price shot up. __________________ The Affiliate Program

05-21-2014, 04:32 AM	#24
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	you should look up Sicily in Italy also Reggio Calabria... if you buy online you will get shafted on the price where ever you buy...you need to be there for months and moths and find a local to search for you...

05-21-2014, 04:35 AM	#25
afoo Registered User Industry Role: Join Date: Mar 2013 Location: Sweden Posts: 95	Why not in Turkey? Great weather, great people and lots of tourism. It's also a great investment

05-21-2014, 08:14 AM	#28
Theo HAL 9000 Industry Role: Join Date: May 2001 Posts: 34,515	Unless you have access of historic pricing and become familiar with the area the property is located, I don't see how you would make a wise purchase

05-21-2014, 11:14 AM	#30
RummyBoy Confirmed User Join Date: Dec 2009 Posts: 2,157	If Portugal is cheapish, id be interested in the silver coast region..... On the other hand, if its a PURE investment play and you don't have a lot of cash on hand, China's property bubble is bursting right now albeit slowly. In a second/third tier city you can pick up a decent three bed apartment in multi-story block for less than $80k. Just a year ago, $80k would just about manage 2 bedroom. Im talking about 2nd/3rd tier cities but good ones. Long term you're going to get great returns but you also have to remember that China is on course to be the superpower of the world. China is on course to be the largest economy in the world so if you measure up, you could bag a winner. Also long term, it is widely anticipated that the yuan will strengthen against the USD - the gains made against the USD could outpace even the gains you make on the property itself. Not to mention youll have a nice diversification away from home country assets. Last edited by RummyBoy; 05-21-2014 at 11:15 AM..

05-21-2014, 11:16 AM	#31
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,064	I've got my eye on a few homes in Greece. __________________ Spend you some brain. Email Me