Imerisia Newspaper Features GPE in an Article Focusing on Property Bargain Hunters in Greece

GreekPropertyExchange.com (GPE) - the top real estate and property website for Greece and Cyprus - was featured in the national Greek newspaper, Imerisia, in an article titled "The Greek Property Bargain Hunters (Oι «κυνηγοί ευκαιριών» στην Eλλάδα)”. The article was featured during the peak of the Greek tourism season in the Saturday edition of the nationally distributed newspaper and highlighted the growing inventory of Greek real estate available for sale at significantly discounted prices across the country.

Imerisia Newspaper (ΗΜΕΡΗΣΙΑ, www.imerisia.gr) is an economic-focused newspaper published daily and distributed nationally across Greece. In the August 6, 2011 issue of Imerisia, Greek Property Exchange was featured in the article for its work in helping stimulate awareness, sales and investment for property in Greece. The article quoted GPE founder Georgios Stroumboulis, as he described how his international portal has helped many foreigners around the world find their dream property in Greece. “We help property owners in Greece advertise their properties for free to an international audience – including the United States, Canada, Australia, Russia and the United Kingdom” said Stroumboulis.

The article went on to highlight each region in Greece and pinpoint the average decrease in inventory sales and the average decrease in selling prices, providing a better snapshot of the great opportunity at hand for those looking to invest in Greek real estate. Below is an overview of the current state of the Greek real estate market and its falling prices:

Crete (Kρήτη):
Market decreased by 80%. Selling prices decreased by 40%.

Thessalia (Θεσσαλία):
Market decreased by 60%. Selling prices decreased by 30%.

Kozani - Florina (Kοζάνη – Φλώρινα):
Market decreased by 70%. Selling prices decreased by 30%.

Cyclades (Kυκλάδες):
Market decreased by 70%. Selling prices decreased by 30%.

Rodos – Rhodes (Pόδος):
Market decreased by 60%. Selling prices decreased by 30%.

Ionian Islands (Iόνια Nησιά):
Market decreased by 70%. Selling prices decreased by 20%.

Evia (Eύβοια):
Market decreased by 50%. Selling prices decreased by 20%.

Peloponisos (Πελοπόννησος):
Market decreased by 70%. Selling prices decreased by 30%.

Aegean (Aνατολικό Aιγαίο):
Market decreased by 50%. Selling prices decreased by 25%.

Evros (Eβρος):
Market decreased by 60%. Selling prices decreased by 25%.

To read the full article in Greek, click here.