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1,000 Greek Hotels For Sale

Numerous hotels in Greece are on sale due to general financial difficulties, marking new market conditions. Investors abroad are looking for opportunities through real estate agencies and advertisements, and drive hard bargains to buy or lease hotels and tourist units at popular destinations, such as Mykonos, Santorin, Corfu, Crete, Rhodes, Kos and Chalkidiki. People especially from Russia, Canada and China have expressed their interest.  They do face the high cost of a potential agreement.
According to Real News, famous hotels with many stars, such as “President”, “Divani”, “Titania” and “Nedra Marriot”, will not negotiate a lower price. Hotels such as “La Mirage” in Omonia, “Amaryllis Inn” and “City Plaza” have already been shut down.

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