Santorini Property - A Tranquil Sanctuary
June 20, 2009 by admin ·
Owners Perspective Magazine - Since the Greek Government relaxed its laws on foreigners owning property in the early 1990s, real estate in Greece has been on a steady upward swing, particularly so in Santorini, the most southerly of the Cyclades island group. The number of property-purchasing Brits on the island is on the up and Angela West reveals the appeal of nature’s work of art and what’s fast becoming recognised as a booming investment island.
There’s a very good reason why the jewel of Greece’s Cyclades is splashed so ubiquitously across brochures, posters and postcards…this unique, upmarket island’s natural beauty lives up to the hype and has recently been enticing more and more Brits to buy a slice of Santorini.
Officially known as Thira, it’s a peaceful, welcoming island steeped in history. The unusual horse-shoe
shape’s a result of the sheer power of nature…formed following a violent volcanic eruption around 3,600 years ago, the blast caused the island’s centre to collapse, creating the famous Caldera (large crater), leading to speculation that it’s the legendary lost city of Atlantis.
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