Makri Island in Echinades Sells for Drastically Reduced Price of €247,000

The sale price of Makri island in the Echinades has plummeted from an initial €8 million to just €247,000 after repeated auctions. Once promoted as a prime asset for multi-million-euro tourism investment, the island's value has significantly collapsed.

11 May, 17:52 — 11 May, 17:52

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protothema-enMixed13h ago

The sale of Makri in the Echinades: From €8 million to €247,000 — a “rubber-band” price

From a “prime asset” promoted internationally for a multi-million-euro tourism investment, it ended up in repeated auctions, with the starting price collapsing The post The sale of Makri in the Echinades: From €8 million to €247,000 — a “rubber-band” price appeared first on ProtoThema English.

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Makri Island in Echinades Sells for Drastically Reduced Price of €247,000

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The sale of Makri in the Echinades: From €8 million to €247,000 — a “rubber-band” price

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