LAND FOR SALE

Buying a plot of land is purely a personal matter based on the personal needs of the buyer. However, there is a tendency from time to time to have popular areas for buying land, which results in rising prices in these areas. During this period, the southern suburbs (from Paleo Faliro to the area of Varkiza) are elevated to the preferences of buyers and mainly in the coastline zone. This is evidenced by the number of contracts that have been made in recent years in these areas, as well as the intense interest shown by buyers from abroad.

The main prerequisite for the buyer is that they decide on which areas they would like to focus their interest. They also need to be definitive regarding the financial parameter within which they are comfortable to proceed. It is therefore important to contact a bank, in the case of a loan, in order to target a specific range of real estate opportunities. Choosing a lawyer, a notary and a professional broker are necessary steps that should be taken to provide proper guidance from the commencement of the purchasing process until its completion.

One of the most popular areas to buy a plot in recent times is Glyfada, which is located in the Southern coastal suburbs of Athens. In general, all areas of the Southern Suburbs have attracted the interest of buyers, both from Greece and abroad, resulting in increased demand and sales. There is so much demand though, that the availability of land after some point has been limited. This chain of supply and demand has resulted in a sharp rise in land prices in the Southern Suburbs.

The sale of a plot of land can be as easy as it is difficult. How each salesperson will manage the sale is of great importance. The first and most essential step is for the seller to feel confident about his decision to sell and the price. Equally important is choosing a professional broker to work with as their role will be crucial. The broker should properly assess and evaluate the plot, establishing a commercial price in order for it to be commercially viable and arouse interest from prospective serious buyers. The broker will help to negotiate the final selling price of the plot so that it brings the best possible outcome for both parties. During the sale process, the broker should prepare a complete file of the plot to assist with the smooth completion of the contract.