Greek Property Investment boom following Mamma Mia box office hit
Sunday, March 28th, 2010Not only was ‘feel good’ film Mamma Mia a box office huge success, but it has also contributed to an increase in the tourism industry in Greece.
After the crowds had seen the movie- which was released last summer- a lot of people became interested in buying property in Greece. According to The Move Channel the number of potential buyers has skyrocketed by 120 per cent following the release of the movie !
The movie was shot in a beautiful and virtually unknown island- Greek island of Skopelos where there is not even an airport !
Since the release of the movie more and more internet users have been looking for property investment opportunities in Greece. There has also been a dramatic increase in the number tourists who are looking for a low cost holiday destination, where the sun is often shining and the temperature is warm.
Greece takes advantage of a pleasant climate and a very low cost of living- two very important factors which is attracting many tourists and potential buyers.
The potential buyers can get a very profitable property investment because property prices are relatively low-cost. In addition dynamic tourist industry means that, you can rent out your property during the long season- from April to October- and get a high return of your investment.
According to Paul Simmons, Easyjet UK General Manager, the low cost of living and the affordable property prices will encourage you to invest in Greece, even if the world economy is in a recession.