Unless you have had your head under a rock for the last week you will know that Greece has been going through a general election and unfortunately for the troubled nation, the conclusion was far from satisfactory.

The country’s political instability has given rise to fresh questions over Greece’s place in the Eurozone and has caused concern across the country and the whole of Europe. Despite the unrest, it appears that the expats who have invested in property on the idyllic island of Corfu are still relatively unaffected by the situation.

The Overseas Guides Company chatted to Diana Giannoulis, of local experts Corfu Home Finders, who explained why this appears to be the case: “Although obviously the financial situation in Greece has caused some concern, Corfu has never been a target for speculators, having always been more of a market for people who love the island and want to have holiday homes (or permanent homes) here”.

“Coupled with this is the fact that we are a fairly small market with no large development complexes. This means that we have not suffered the over supply of some other destinations. Rental villas are still in great demand as investment opportunities. Seafront properties are probably still our most requested and homes with fantastic sea views are not far behind. Overall the island still seems to hold the same attraction for northern Europeans as it always has”.

Search for properties for sale in Corfu on Rightmove Overseas. If you’re planning to buy in or move to Greece and need to transfer a large sum of money there, remember to use a currency specialist to exchange your pounds into euros. For more information, visit the Currency Zone or Smart Currency Exchange.

To understand the full step-by-step process to buying a property in Greece, collect The Overseas Guides Company’s ‘Greece Property Buying Guide’