A private Greek island known as Makri, covering about 243 acres, is being marketed for sale at a reduced price, according to reporting. The island was originally listed in 2022 for about €8 million, but its asking price has been cut to around €4 million, making it comparable to or cheaper than many London-area flats in cost comparisons. While the reports highlight the size of the island and the reduced asking price, they also note that the sale comes with a “costly catch.” The available coverage indicates that specific obligations or limitations attached to the property may affect buyers, though the precise terms are not detailed in the provided excerpts. Overall, the reporting focuses on the significant price reduction and the juxtaposition of a large, private island against the high prices of urban property, alongside warnings that prospective buyers may face additional costs or conditions before completing a purchase. The information is presented as part of the island’s current listing and ongoing sale process.
Private 243-acre Greek island Makri listed for €4 million amid sale conditions
A private Greek island known as Makri, covering about 243 acres, is being marketed for sale at a reduced price, according to reporting. The island was originally listed in 2022 for about €8 million, b...
- Makri is a private Greek island of about 243 acres.
- The island is currently advertised for about €4 million.
- In 2022, Makri was originally listed for about €8 million.
- The reporting compares the reduced price with the cost of many London flats.
- The sale is described as having a “costly catch,” involving additional conditions or obligations for buyers.
Originally listed for sale in 2022 at €8 million, Makri has had its asking price dramatically reduced - and it now costs less than most city flats.
3 months agoOriginally listed for sale in 2022 at €8 million, Makri has had its asking price dramatically reduced - and it now costs less than most city flats.
3 months ago
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