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A Greek Island Is Now Cheaper Than an Apartment in Sofia - Novinite.com - Sofia News Agency
A small Greek island once marketed as a luxury investment opportunity has seen its price collapse dramatically, now set for auction at 247,000 euros, a fraction of its earlier valuation, Bulgarian media "Focus" reported, citing Greek Reporter. The island of Makri, located in the Echinades archipelago in the Ionian Sea, was previously promoted by international real estate agencies as a prime site for high-end development, including a five-star resort and private villas.
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novinite.com
A Greek Island Is Now Cheaper Than an Apartment in Sofia - Novinite.com - Sofia News Agency
A small Greek island once marketed as a luxury investment opportunity has seen its price collapse dramatically, now set for auction at 247,000 euros, a fraction of its earlier…
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euronews.com
This private island in Greece could be yours for €247,000
Just don’t plan on living in the lap of luxury, because the island’s protected status means major infrastructure upgrades are impossible.
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it.euronews.com
Quest'isola privata in Grecia può essere tua per 247.000 €
Non aspettatevi di vivere nel lusso: lo status di area protetta dell’isola impedisce grandi interventi infrastrutturali.