Greece Vacations, how about Owning an Island?
Greece vacations may represent a wish for many common people, but there are few dreams that shout seriously rich people as much as a little island under the sun to call their own. Striving to stay afloat under a heavy debt burden, Greece is preparing to lease or even sell some of its 6,000 islands.
The Guardian reports the unfavorable predictions led tourism businesses to a timely reduction of their prices by up to 30 percent combined with a drop of about 10-12 percent in bookings compared to 2009, which was itself a poor year. Destinations that may go on the block include island Mykonos, one of Greece’s key tourist destinations which is one-third owned by the government. Investors are also interested in a part of the Rhodes island.
Potential investors looking for a little bit of the Mediterranean and some special Greece vacations are mostly Russian and Chinese. The Russian oligarch Roman Abramovich, the billionaire owner of Chelsea football club may be also interested to buy one of these fabulous parcels of white-sandy beaches, said the Guardian. They are a couple of smaller islands that may be sold for less than buyers will spend on a town house in London, meaning less than 2 million Euro.
In response to this report, Greek officials denied this information saying that these transactions are nothing more than deals between private groups and calling the report “insulting” and “untrue,” the Wall Street Journal says.
Subscribe to:
Post Comments (Atom)
0 Response to "Greece Vacations, how about Owning an Island?"
Post a Comment