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ISSUE N: 07 JUNE - SEPT 2019 FOR PROPERTY BUYERS & INVESTORS ARENCORES MAGAZINE A MAGAZINEA MAGAZINE DEDICATED DEDICATED TO THE CHANIA TO REAL THE ESTATE REAL MARKETESTATE MARKET OF CHANIA CHANIA RENTAL TOURISM, REAL ESTATE DEVELOPMENT AND PROPERTY MARKET OPPORTUNITIES SURVEY DISCOVER HOW THE SHORT TERM HOUSING SECTOR RENTAL PLATFORMS INFLUENCE REBOUND GAINS THE PROPERTY MARKET IN CHANIA PACE AS ECONOMY RECOVERS HOW CAN I FIND A PROPERTY IN CRETE, GREECE? THE WHITE MOUNTAINS MYSTERIOUS & BEAUTIFUL REAL ESTATE PHOTOGRAPHY MIGHT BE THE MOST IMPORTANT PART OF YOUR LISTING ARENCORES - CHANIA REAL ESTATE EXPERTS EDITORIAL ARENCORES MAGAZINE is a publication that not only re- creating compelling images that are both artworks and ports on Chania real estate and property developments, communication tools. His knowledge and advice will it stands for something. In ARENCORES we embrace the service your property look its best, no matter the occa- idea that real estate business serves a purpose in our sion. world that goes beyond euros, dollars and cents, and that a responsible and sustainable investment can be a Join us on this summer excursion to see the top real vehicle for progress and prosperity. estate news, trends and designs in the Chania property market. We are passionately interested in the nitty-gritty of what makes real estate businesses really perform well by en- hancing creative people who inspire innovation at all levels in our team, . Nonetheless, our goal is to satisfy the needs of our clients to the highest grade. The current issue–which covers subjects from tour- ism and real estate development opportunities to what property investors really want to realize in Greece be- fore investing and the challenges on the short-term rental platforms in Chania, Crete. Me and Stavros are working very hard to provide prac- tical, thoughtful articles on the countless real property issues addressed to property buyers, owners and inves- tors in the property market of Chania. From next year on it is decided to not only highlight real estate properties and market, but also focus on architecture, design and decoration definitive in making a comfortable and luxu- ry building. We are pleased to welcome Stelios Alexakis to our Cha- nia Real Estate team. Stelios is specialized in the archi- tectural photography of interior and exterior spaces, CHANIA REAL ESTATE - REDEFINED 08 10 HOMESHARING, TOURISM DRIVING LOCAL PROPERTY 11 MARKET RECOVERY 12 16 INTERIOR DESIGN DECORATING 18 AND REMODELING TIPS 1 TABLE OF CONTENTS SOCIAL MEDIA MARKETING TIPS 16 FOR PROPERTY OWNERS WE ARE LIVING IN ONE OF THE 10 MOST BEAUTIFUL CITIES IN THE HOW CAN I FIND A PROPERTY IN WORLD 18 CRETE, GREECE? TOURISM, REAL ESTATE DEVEL- CHANIA RENTAL PROPERTY MAR- 12 OPMENT AND OPPORTUNITIES 20 KET SURVEY 13 INVESTORS WANT STABILITY IN REAL ESTATE PHOTOGRAPHY MIGHT BE POLITICS & TAXATION 36 THE MOST IMPORTANT PART OF YOUR LISTING HOUSING SECTOR REBOUND 14 GAINS PACE AS ECONOMY RE- PASSIVE LISTING: LEARN MORE COVERS 39 15 HERE ARE THREE REASONS WHY INTERNATIONAL CONFERENCE FOR THE YOU SHOULD BE LISTING EXCLU- 40 REUNIFICATION OF THE PARTHENON SCULP- SIVELY. TURESΑΑ 42 THE WHITE MOUNTAINS RES CHANIA REAL ESTATE EXPERTS ESTATE REAL CHANIA ARENCO ARENCORES All rights reserved. This material may not be published, is a Member of the broadcast, rewritten or redistributed in whole or part with out Chania Real Estate Association the written permission of ARENCORES. Stavros Thomas Creative Content Editor Creative Concept, Editing & Production ARENCORES & Chania Real Estate Opinions expressed in ARENCORES MAGAZINE do not necessarily represent the views of ARENCORES or Cha- nia Real Estate. All contents of this magazine, including production, publishing, audio visual, digital in whole or in part herein, may not be distributed in any form without the expressed written consent of ARENCORES and Chania Real Estate. ARENCORES MAGAZINE is distributed free of charge. Real Estate Quotes Everyone can in vest in average opportunities; wealth is built by investing in the greatest opportu nity the economy presents. Giovanni Fernandez, Owner & CEO, National Real Estate ARENCORES REAL ESTATE REDEFINED ARENCORES is one of the most recognized and re- in order to pair buyers and sellers around the world. spected real estate firms in Chania, Crete, having served discerning property buyers, investors and For those looking to sell their estates, our experi- sellers since 2014. enced associates are equipped with the marketing tools needed to ensure your property is presented to The firm has been established to provide inde- a global audience of qualified and interested buyers. pendently owned and operated real estate services Our real estate marketing strategy is designed to pro- with a powerful marketing and research platform. vide you the competitive edge by increasing interest ARENCORES through its collaboration with the Cha- in your property and engaging our audience both on- nia Real Estate, is exceptionally positioned to serve line and off. the commercial and residential real estate market in Chania with reliable and effective property making ARENCORES’ network acts exclusively on behalf of decisions and purchasing strategies. our client’s individual needs and offer the utmost dis- cretion when helping market and sell your estate. With that rich heritage in association with the engi- neering and architecture consultancy firm of AREN- ARENCORES excels at providing the highest level of COS, ARENCORES is a truly unique real estate net- service to our clients and their diverse lifestyle needs. work representing exceptional clients with discerning With a team of engineers, marketing specialists, real tastes. With the only real estate research team in estate professionals and researchers and some of Crete and a dedicated team of professionals, AREN- the most exceptional property listings, our firm is CORES continues to define the meaning of Chania uniquely positioned to find the perfect property that real estate by providing unparalleled personalized meets your requirements. Whether you are looking service along with the most interesting real estate for a serene beachfront retreat, the excitement and assets in Chania, Crete. sophistication of modern apartment in Chania a his- toric estate or for the quiet rural charm of a ranch, our ARENCORES strives to provide an unwavering com- experienced network of real estate professionals is mitment of excellence to all of our clients. Whether here to guide you every step of the way. you are seeking to purchase a luxury home of your own or sell a distinctive property, ARENCORES’ ex- perts have the tools to market each and every prop- erty with the same level of care and personalization WE ARE LIVING IN ONE OF THE MOST BEAUTIFUL CITIES IN THE WORLD We seek beauty in many forms—through art and archi- Chania is changing and more and more business people tecture; water views and mountain vistas; history and cul- are seeing its potential. The tourism boom is obvious and ture—and some places make that search extremely easy. is changing the whole area. New accommodation facilities and the renovated airport were game changers. There are cities you visit and cities you experience and Chania is a city to thoroughly immerse yourself in and en- The modern economy is transforming the traditional con- joy. A blessed city, home to approximatelly 60,000 inhab- cepts of development and services, with micro hotels, ex- itants, featuring pristine nature, a temperate climate and ceptional wineries, microbreweries, and an expanded food ample sunshine. Here, the air and water temperatures are scene. No matter the season, there is always something ideally mild throughout the year. going on in Chania. The city almost always makes you feel passionately alive and happy. The cobbled streets are filled with boho-chic boutiques The magic of Chania becomes apparent when you perch selling clothes, ceramics, and local artworks. Coffee is yourself above one of its many spectacular villages in mostly enjoyed cold, raki is everywhere, walking towards Apokoronas, Akrotiri or Kissamos. Balos, Elafonissi, Paleo- the Old Harbour Lighthouse is part of the rhythm of life. chora, Sfakia, Falassarna or Samaria Gorge – the destina- tions are endless. Chania is a place where romance and history play side by side. Cafés line cobblestone streets, beautiful people stroll Get familiar with the city of Chania by wandering around in along the Harbour at all hours, and every neighborhood its streets, visiting its museums and admiring the different seems to have its own iconic landmark. architectural styles presenting the historical route of the city. But there has been a great shift here, something which has been brewing over the last decade or so. The city of the How do you define a place’s beauty? The shocking blue of Minoan civilization wonders and Ottoman remains has hit a crystalline sea? Elaborate architectural marvels reach- a new stride in its cultural history, one that has been trans- ing toward the sky? Somewhere rich in history? Chania will formative and creative, offering up a much more innova- steal your heart. tive version of itself. ARENCORES CHANIA REAL ESTATE EXPERTS MARKET RESEARCH PROPERTY DEVELOPMENT DUE DILIGENCE PROPERTY CONSULTANCY PROPERTY MANAGEMENT PROPERTY BUYING & PROJECT MANAGEMENT SELLING MEDIATION EXCELLENCE ASSET MANAGEMENT PROPERTY APPRAISAL REAL ESTATE OF THINGS A:26, STR.TZANAKAKI STREET 73134, CHANIA, CRETE P:WWW.ARENCORES.COM E:[email protected] T:+302821112777 TOURISM, REAL ESTATE DEVELOPMENT AND OPPORTUNITIES According to Kathimerini newspaper, A case in point is the biggest project, gradual development (in different numerous major investment plans are Atalanti Hills, which is worth 1.5 billion stages) of five-star hotels and homes in the works for the development of euros. This is a project that Lokros Ltd with a total capacity of 8,872 beds. a series of tourism accommodation has been seeking to develop on a units whose total value stands at 3.2 12.5-square kilometer plot in the area A total of 2,990 beds will be in hotel billion euros in Greece.
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