A half-built villa on Mykonos, an island in the Aegean Sea known for its all-night beach parties, is being offered by brokers at Athens-based Ploumis Sotiropoulos OE for €2m ($2.6m) after the price was reduced by €500,000. The same firm is seeking a buyer for a three-bedroom home on Corfu for €750,000, down from an original asking price of €1.4m. So far, no bidders have emerged.
0 minute readGreek villas get 45% markdowns as crisis devalues island homes
July 28, 2010, 3:28pm
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
