thebigbluecheese wrote:...You only have to look at the for sale or wanted pages for areas of Crete on Facebook to see how successful buying and selling cars , property , anything even ... I think the first port of call for many expats to buy or sell things in Crete now is Facebook ...
I'm not a Facebook user so I can't check for myself. Could you give a rough idea of how many properties and cars in Crete are being offered for sale on Facebook at the moment?
Personally if I wanted a used car I would start with car which is currently advertising 5,074 used cars on Crete. Some of those would be adverts from dealers so I would also look at the dealer's web site if one existed.
For a property, if I was in the UK, I think I might be inclined to try Rightmove where there are currently a little over 1,000 residential properties offered on Crete and you can filter by Nomos. They range from €11,000 to €3.8 million. I would probably try other UK sites like Zoopla etc although there is likely to be overlap. Back when I was looking to buy sites like Rightmove hadn't really established themselves in the foreign market but it wasn't hard to find local agents with properties to sell. The same is true today. Also Rightmove acts as a portal to local agents. The name of the agent is shown with each property listed so it wouldn't be difficult to find the agent's web site.
My son always says that there is no such thing as a bad market, only bad prices. All reports in the media suggest that property prices on average across Greece have dropped by about 50 % from their peak. Anybody who bought close to the peak and wishes to sell today would need to take a 50 % hit on what they paid. I suspect most people aren't prepared to do that. I don't know many properties that have sold but the ones I do know of sold for about 50 % of what the owner had paid, which tends to validate the media claims.