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Is property on Crete a good investment?
There are certain undeniable facts that lead us to believe that the answer is clearly and categorically a big YES.
The Place
Crete is the southern end of Europe, it is the closest European Region to the equator and almost equidistant from mainland Europe (110 km). These geographic characteristics of the island make it so unique . Crete is Greece's largest island and the fifth largest in the Mediterranean basin. It is considered the bridge between Europe and Africa, the crossroad of three continents. It's the 13th Region of Greece and is divided into four prefectures. The two biggest cities of Crete, Heraklion and Chania, are also the two main gateways for people and trade.
The Food
The island of Crete is one of the most naturally healthy places in the world to live, where the people incorporate thousands of plants and herbs as part of everyday nutrition. The islanders have developed a particular diet which has now been proved to be one of the healthiest in the world.
Research started in 1960 and using data from seven countries concluded in 1986 that as a result of that diet, Cretan people suffered notably fewer deaths as a result of heart attacks, various forms of cancer and other diseases compared to all the other places in the study.
The basics of this diet are bread, pulses, nuts, vegetables, fruit, meat, fish, olive oil, cheese, spices and wine. From these ingredients spring the delicious array of Cretan specialities.
From a separate study it was concluded that not only was the Mediterranean cuisine better for the heart and produced fewer heart attacks, but the Cretan diet in particular was extremely healthy. A large part is played by the island's olive oil which is produced in vast quantities on Crete and is a basic ingredient in a multitude of dishes. So not only does Crete offer a healthy climate but a particularly excellent diet.
Quality of Life
The cost of living is substantially lower than in most countries yet reflects a comparable standard of living and a wonderful quality of life. Add a very low crime rate, low pollution, and plenty of sunshine and you have an extremely attractive package.
Health Service
Crete is considered as a self-sufficient sanitary region. The structure of health care system in Crete is advanced and has two of the most advanced research hospitals in Greece which have a direct access from the new North Road Axis.
Education
The education level of the region of Crete is already advanced, a foundation built from the University of Crete. This has improved the quality of life of the Cretan population - which more than 70% is English speaking, also their level of productivity and available skills on the island. In addition there are a number of schools for children of European citizens living in Crete such as English, dutch, german etc, organized by the local government European consulates.
Roads
The most important road is the National highway which runs the length of the island from East to West Crete.
Airports
The air transfer sector of Crete dominates the passengers-visitors transportation in the island. There are three civil airports in the region of Crete.
Harbours
Crete has developed quite an important port infrastructure. The most important harbour is Heraklion harbour, which facilitates the transportation of goods, vehicles and passengers.. It mainly connects Crete with Piraeus harbour in Athens as well as with islands of the Aegean sea.
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