Regional News

Greek diaspora to receive property portal to help sell their homes back home

By Editor 0 Comments NEWS, Regional News

Although property portals marketing glamorous Mediterranean holidays are quite common,, a new website which is aiming to roll out its services in the beginning of September, intends on connecting buyers and sellers from all over the world who are looking to purchase property in Greece, but it especially focuses on the Greek diaspora and helping them to sell or buy inherited property in the "old country."

As Greece slowly emerges from its financial crisis and Athens wins a reputation as a new enclave for hipsters, the wealthy diaspora living in Australia, USA, Canada and Germany will be able to buy and sell their Greek assets more efficiently.

“At the moment the way to sell property in Greece is like putting up a small sign in a forest rather than a billboard on Eastlink,” says co-founder, Melbourne real estate agent Stavros Ambatzidis. “In Greece, a milk bar or a deli can be where property is sold.”

Ambatzidis is a corporate director of the O’Brien Real Estate franchise business but he worked as a real estate agent in Greece from 2006 to 2008.

He says there is a growing hunger among the diaspora for a more sophisticated way of selling Greek property by using professional marketing methods that are standard in their own countries.

As Greek property prices begin to creep up – particularly in Athens and the islands close to the capital – Ambatzidis says the timing is now right for this kind of site which he set up with two Greek Australian partners, one who works in IT and another who is a recent arrival to Australia.

Read more here.


Join us in Madrid from the 13th to the 16th of November for the Property Portal Watch Summit.


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