That's a good price, Kev. I get all excited when I look at the property sites, but sensibly (what a boring word!!) you could buy an awful lot of holidays for £100k ..... and not have any upkeep costs/headaches!
This is very true.
Just to put the other side for a moment...
Let's say you've retired and have £100k spare from your pension lump sum, or downsizing.
You can spend that £100k (or some of it) on holidays between now and well, when you're not around any more, and that money is gone for good, bye bye.
Or you can spend it on a place like this and use it regularly. Saves you money on holidays. The kids can use it for holidays, mates too if you like.
And when you shuffle off this mortal coil, the property will still be there, to use or to sell.
It's the closest property to the airport (well, the entrance/exit). One advantage of owning a place is that you can leave clothes and stuff there. Imagine getting off the plane, and literally walking to your front door - Gand luggage only, no suitcases to lug around. Looking at the map, 5 minutes walk to town, 5 minutes from the airport to your front door. £175k.
Yes, as YM says, it would only be like spending £100K's worth of holidays if the property reduced in value by the equivalent of what you would spend in hotel fees for the number of holidays you used it for if that makes sense, its just like the difference between renting a house and buying one. I think mum was getting interested as she has really taken to the island but since dad passed away is getting a bit fed up of paying through the nose as a single room occupant. She's currently in Goa and will go to Malta later in the summer but she has room mates for both those trips. She is booked in at Taxiarchis for the week I'm in Skiathos early Sep but she has had to shell out a fair amount for the room as its for 2 people. She might have found somewhere cheaper but she likes it there having been there last year with my cousin.
Oh yes, so it has. It was a real pain to navigate round and no search functions. I'm guessing Geof didn't think it worth doing a lot with it as he was approaching retirement (or semiretirement at least) so maybe his partners are doing more of the day to day running now and decided it was worth sprucing up, looks much more up to date now.
I have to concede, Yorkshiremouth - am sure that our kids would be delighted to have a property in Skiathos as part of their inheritance! I was just selfishly thinking only of us and the next ?? years 😄.
The more I look at these properties, the more I want one!! I still love the little blue & white house. And yes, Skiathos Properties HAS upped its game - it used to be an awful site.
The other side of this dream, of course, is that every house bought by us holiday makers increases prices and reduces the housing stock for young Skiathians, keen to have their own homes. We see this in a lot of small villages in Scotland where inflated prices, caused by second home buyers, often puts the chance of having their own home out of the reach of young locals. It also damages the sense of community in a many places with absentee owners who often bring their own supplies with them, meaning that small local shops to survive. Yes, it is a great dream but we must seriously consider the effect on the locals. Bob
same in wales Bob wages low, houses prices high especially in coastal town where in laws live. Most people leave , like my husband when they leave school due to few jobs and house prices.Its hell in high summer no where to park pavements clogged. It costs so much to rent a cottage there then petrol its cheaper to go to skiathos and get guaranteed weather. We met some people last year who were renting for a year to see how they liked it before settling permanently, that way the property agent dealt with all the complicated taxes permits , powercuts,storm damage. It took them a while to adjust to not being in holiday mode and going out to eat everyday, but they were enjoying it.
True to some extent Bob but the culture is slightly different for those youngsters who are part of extended families running tourist related businesses. They live 'in house' and take over the business along with the better accommodation when it's handed down to them. Young Skiathians with aspirations of more professional positions are likely to move off the island anyway, there will only be so many jobs as doctors, accountants, lawers etc available on an island that size.