Ithaca Travel Properties

  • Home
  • About Us
    • Ithaca Travel Properties
    • Ithaca Greece
  • Properties
    • For Sale
    • My Properties
    • Add Your Property
  • Services
    • Property Management
    • Golden Visa
    • Selling Guide
      • Selling Tips
    • Buyer Guide
      • Buyer Tips
      • Buyer Information
  • News
    • FAQs
  • Contact
+30 6946439774
info@ithacarealestate.gr
Ithaca Travel Properties

  • Home
  • Properties
    • List Layout
    • List Layout Full Width
    • Grid Layout
    • Grid Layout Full Width
    • Half Map Layout
  • News
  • Pages
    • For Rent
    • For Sale
    • Types
    • FAQs
  • Contact
+30 6946439774
  • Home
  • About Us
    • Ithaca Travel Properties
    • Ithaca Greece
  • Properties
    • For Sale
    • My Properties
    • Add Your Property
  • Services
    • Property Management
    • Golden Visa
    • Selling Guide
      • Selling Tips
    • Buyer Guide
      • Buyer Tips
      • Buyer Information
  • News
    • FAQs
  • Contact
Ithaca Travel Properties

+30 6946439774
info@ithacarealestate.gr

News

I have to make a choice between an updated home in an older neighborhood or a newer home in a more modern neighborhood. The home in the older neighborhood has almost everything I want and is much larger, but which makes the most sense as an investment?

By

Ithaca Travel Properties

Posted in On Apr 26, 2018

If your goal is to buy a home for it’s resale value and the one you are thinking of buying in the older neighborhood is at the upper end of values for that neighborhood, then it may not be the wisest choice. If it is similar or lower in price to the others, then there should be no problem, because pricing should be considered in relation to the local neighborhood and not compared to homes in other neighborhoods (for the most part)

Plus, is it a neighborhood on the decline, or are others going to be fixing things up, too, so that it is a neighborhood that is improving? It could turn out to be a very good deal as long as you don’t “overpay” because of the recent improvements.

Remember that you also buy a home for it’s value to you as a “home,” and that is something else you should consider. Which neighborhood would you AND your family feel most comfortable in?

Find Your Home

Featured Properties

Featured
View Property

Single House with land at Kioni

Corner land of 515sq.m with large frontage in Kioni, Ithaca.…

Bedrooms
2
Area
60
For Sale

€220,000

Featured
View Property

Two-storey House in Vathy-Milos

Two-storey House in Vathy-Milos is located in the center of the island, in…

Bedrooms
3
Bathrooms
2
Area
65 sqm
For Sale

€250,000

Ithaca Travel Properties

/Ithaca Real Estate

Cooperations

Ithaca Travel

Odyssey Boats

Ithaca Rent a Car

Privacy Policy

Cookie Policy

Buy

  • Buying Tips
  • Buyer Information
  • Golden Visa
  • Property Management
  • FAQs

Sell

  • Selling Tips
  • Selling Guide
  • Add Your Property

Ithaca Travel is centrally located, at the port of Vathy, Ithaca

+30 26740 33267

info@ithacarealestate.gr

Newsletter

Copyright © 2020 Ithaca Travel Properties. All Rights Reserved.

Ithaca Travel Properties
  • Login
Forget Password?