Russians bargain-hunting in Northern Aegean | Presseurop (English)
More and more rich Russians are buying up second homes in the
Halkidiki [region of Northern Greece], while Russian companies are
purchasing hotels and investing in land. No one knows exactly how much
they have already bought.
But it appears that Russians are already the owners of a major hotel
development in Potidaea and another in Psakoudia, and that they aim to
participate in a call for tender for a major hotel in Gerakini. At the
same time, they are partners in a joint venture with a Greek company to
build a further 600-bed hotel in the region.
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