Crete in Greece is considered an upcoming Real Estate hot spot and in the current climate of the world economy it is about time that some hard questions are answered regarding its potential.
Crete and Chania have been extremely popular for the past few years attracting great numbers of interested people from many countries in Europe and mainly from England, Ireland, Norway, Denmark, France, Belgium, Holland, Germany and many more as well as from Russia. The real estate market has given birth to an increasing number of construction companies and even more real estate agencies. Naturally when you are talking to most of these professionals about it they will tell you that buying a home, a villa, an apartment or any type of property in Crete is the best thing that can ever happen to you or maybe even imply that it will make you richer in the long term.
First of all, it is extremely important for you to have organized in your mind your reasoning behind your decision to buy a property abroad.
■ Why do you want to buy a property abroad?
Are you just looking for a holiday home, a retirement villa or investment in real estate? Your criteria will vary widely for any of these categories. If it is a property for personal usage, only then must you take into account your individual needs. But if you are looking at it as an investment, things are different. There are many factors to consider and advice from an independent Real Estate agent or Property Consultant, rather than from a specific builder or constructor, would be of great usage to you.
■ Country and place of interest
Crete and the Chania region is objectively speaking a unique place which combines all types of views (sea, mountain, country side) and amenities (cities, large hospital, international airport, commercial port, etc). But is it the right place for you that you are looking for something to use personally? Make sure that you visit, look around and ensure that you personally, like it.
■ How much do you want to spend?
Everybody has a minimum they would like to pay as well as a maximum. However before you define that you need to do a bit of research through available re sales, new builds, off plan etc so that you can have a realistic idea of what to expect. Having a budget will also help you when you ask people for help. Remember that apart from the selling price of a property there are also the legal and other expenses which you also have to calculate.
Defining the above will be great help to you. But what about the question
How will property value in Crete evolve in the future?
The hard truth is that realistic predictions are not possible in the long term. Many will claim that they have the answer for a five year period or slightly more but if you ask anyone about a ten years period their confidence will waive. Properties are not like some expensive wines.
They do not increase in value over time. So you need to ensure that two things are secured when you are looking for a property: Location and Quality of construction. At the end of the day these are the factors that define the value of properties in any place in the world. The good news is that in Chania and in Crete the location and climate are superb while there are some high standards properties available. Additionally there are qualified real estate agents or property consultants that will offer you professional, fair and independent advice without limiting your options to specific products and that is something that you can use in order to make the best decision for you.
Andreas Batakis has lived in Greece, Ireland and Cyprus, acquiring a Business Administration Degree in Greece, an International Marketing Diploma and a Bachelor of Science in Human Resource Management in Ireland. He is also a member of the UK based Chartered Institute of Personnel and Development. Andreas has extensive experience in helping people from all over the world to locate a home in Crete and is a founding member of the independent consultancy Talos Properties.
Talos properties was created in order to guide and protect all of you who wish to acquire a property in Crete via offering you a wide range of choices as well as professional advice in property related matters. For more information please access the Talos Properties website at: http://www.talosproperties.com
Εμφάνιση αναρτήσεων με ετικέτα real estate in crete. Εμφάνιση όλων των αναρτήσεων
Εμφάνιση αναρτήσεων με ετικέτα real estate in crete. Εμφάνιση όλων των αναρτήσεων
3/31/2008
Why would you need an independent Property Consultant or Real Estate Agent when buying a home in Crete?
Abstract: Crete in Greece is a popular destination for international villa seekers and there are a number of builders and developers who have their own sales and marketing divisions. So why would anyone look for a Real Estate office in Crete?
Anyone that has ever searched for a home knows that it is a process that takes a lot of time and effort. When we look for a property we are seeking for something that needs to be personalized and tailor made to us. Our involvement is more complicated, exactly because buying a house has many parameters which differentiate it from anything else we buy in our lives. We also know that when we make a decision it needs to be a wise one because a home is something that we do not change that easily, while it is one of the highest investments we will ever make.
Most people have done it in their own country, in areas they have known and lived in for a long time. Even there, the process is not always easy. So it is reasonable that repeating this process abroad is even more challenging. Anyone that has been or will visit Chania in Crete, Greece for example will notice that there is high number of construction and developers available, offering different choices. The obvious choice is to talk to every single one of them and go and see all of their properties and houses, which means that you would need to repeat again and again what you are looking for. Naturally this requires a great amount of energy and time.
But as with all things in life there are always more than one ways in achieving a goal. Most people ignore the fact that most construction companies and developers have agreements with local independent Property Consultants or Real Estate offices for promoting their properties without the home buyer needing to pay additional fees. This means that when a house seeker goes straight to a builder and developer the price he is going to pay is the same if he purchases through a Real Estate office. This is the result of intense competition in the wider area of Chania in Crete, which is of benefit to all house seekers since it has led some builders or developers in wanting to ensure that their prices are the same via all channels of promotion – including local Real Estate offices.
At the same time there is a number of small to medium size builders who may not be able to communicate in any other language than Greek. Some of these professionals are highly skilled and may offer unique personalized options that are not available by larger developers. The involvement of the local Real Estate agent ensures that what these builders have to offer is available to international seekers while the agent is involved in serving the home buyer up to the point when the house is delivered to him – and beyond.
However, these are not the only reasons for anyone to seek a Real Estate office. Selecting an independent Property Consultant for your research is not just offering you immediate access to more than one builder. It gives you also the options of second hand properties or plots of land, things that developers and builders rarely sell.
If you wish to find a key ready villa or choose your own plot of land to build on rather than being confined to the options given in a development by a specific builder then a Real Estate office will be of much more benefit to you.
Certain builders have very often specific geographical areas and house styles of expertise. By providing your specifications to an independent Property Consultant you are giving yourself a much wider selection while the research that you would do individually is done by your Consultant. Naturally for this to work you will need to locate a professional who knows what he does and is committed in providing high quality of service.
Only in Chania the number of advertised Real Estate agencies is exceeding 150 but you are looking for the best. Differentiating the professionals is not as difficult as it might seem. Professional means that the Real Estate office is qualified by having the license to operate as one, is manned with people that are working in full time positions and do not treat real estate as a part time employment. People trained to listen to what you need, are able to communicate with you properly and are not going to show you things that do not suit your requirements.
Many wonder why a Real Estate office would be really independent when they have collaborations with specific builders. The answer is that a professional Property Consultant knows the simple truth that the person that trusts him is the property seeker. As a result he can not afford putting this trust in jeopardy by offering him anything less than the best.
Andreas Batakis has lived in Greece, Ireland and Cyprus, acquiring a Business Administration Degree in Greece, an International Marketing Diploma and a Bachelor of Science in Human Resource Management in Ireland. He is also a member of the UK based Chartered Institute of Personnel and Development. Andreas has extensive experience in helping people from all over the world to locate a home in Crete and is a founding member of the independent consultancy Talos Properties.
Talos properties was created in order to guide and protect all of you who wish to acquire a property in Crete, the island that has been loved by Gods and humans alike throughout the centuries. When you choose Talos Properties for the search of your property in Crete we can offer you a wide range of choices as well as professional advice in all property related matters. For more information please access the Talos Properties website at: http://www.talosproperties.com
Anyone that has ever searched for a home knows that it is a process that takes a lot of time and effort. When we look for a property we are seeking for something that needs to be personalized and tailor made to us. Our involvement is more complicated, exactly because buying a house has many parameters which differentiate it from anything else we buy in our lives. We also know that when we make a decision it needs to be a wise one because a home is something that we do not change that easily, while it is one of the highest investments we will ever make.
Most people have done it in their own country, in areas they have known and lived in for a long time. Even there, the process is not always easy. So it is reasonable that repeating this process abroad is even more challenging. Anyone that has been or will visit Chania in Crete, Greece for example will notice that there is high number of construction and developers available, offering different choices. The obvious choice is to talk to every single one of them and go and see all of their properties and houses, which means that you would need to repeat again and again what you are looking for. Naturally this requires a great amount of energy and time.
But as with all things in life there are always more than one ways in achieving a goal. Most people ignore the fact that most construction companies and developers have agreements with local independent Property Consultants or Real Estate offices for promoting their properties without the home buyer needing to pay additional fees. This means that when a house seeker goes straight to a builder and developer the price he is going to pay is the same if he purchases through a Real Estate office. This is the result of intense competition in the wider area of Chania in Crete, which is of benefit to all house seekers since it has led some builders or developers in wanting to ensure that their prices are the same via all channels of promotion – including local Real Estate offices.
At the same time there is a number of small to medium size builders who may not be able to communicate in any other language than Greek. Some of these professionals are highly skilled and may offer unique personalized options that are not available by larger developers. The involvement of the local Real Estate agent ensures that what these builders have to offer is available to international seekers while the agent is involved in serving the home buyer up to the point when the house is delivered to him – and beyond.
However, these are not the only reasons for anyone to seek a Real Estate office. Selecting an independent Property Consultant for your research is not just offering you immediate access to more than one builder. It gives you also the options of second hand properties or plots of land, things that developers and builders rarely sell.
If you wish to find a key ready villa or choose your own plot of land to build on rather than being confined to the options given in a development by a specific builder then a Real Estate office will be of much more benefit to you.
Certain builders have very often specific geographical areas and house styles of expertise. By providing your specifications to an independent Property Consultant you are giving yourself a much wider selection while the research that you would do individually is done by your Consultant. Naturally for this to work you will need to locate a professional who knows what he does and is committed in providing high quality of service.
Only in Chania the number of advertised Real Estate agencies is exceeding 150 but you are looking for the best. Differentiating the professionals is not as difficult as it might seem. Professional means that the Real Estate office is qualified by having the license to operate as one, is manned with people that are working in full time positions and do not treat real estate as a part time employment. People trained to listen to what you need, are able to communicate with you properly and are not going to show you things that do not suit your requirements.
Many wonder why a Real Estate office would be really independent when they have collaborations with specific builders. The answer is that a professional Property Consultant knows the simple truth that the person that trusts him is the property seeker. As a result he can not afford putting this trust in jeopardy by offering him anything less than the best.
Andreas Batakis has lived in Greece, Ireland and Cyprus, acquiring a Business Administration Degree in Greece, an International Marketing Diploma and a Bachelor of Science in Human Resource Management in Ireland. He is also a member of the UK based Chartered Institute of Personnel and Development. Andreas has extensive experience in helping people from all over the world to locate a home in Crete and is a founding member of the independent consultancy Talos Properties.
Talos properties was created in order to guide and protect all of you who wish to acquire a property in Crete, the island that has been loved by Gods and humans alike throughout the centuries. When you choose Talos Properties for the search of your property in Crete we can offer you a wide range of choices as well as professional advice in all property related matters. For more information please access the Talos Properties website at: http://www.talosproperties.com
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