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paiktis22
28-08-2006, 18:21:00
i went on vacation in a remote place at the peloponese 5 years ago and they told me they were selling one thousand sqm of land for just 1 mil drachmas (about 3.000 euros) which was nothing!!!!. now that i have the money i go back and the price is 30 million drachmas that is 30 times more expensive.
and it was next to the sea and everything :cry: :cry: :cry: :cry:

Venom
28-08-2006, 18:41:43
That's why I always carry 3000 euros in my pocket.

mr_G
28-08-2006, 19:13:14
buy a ticket !!!!

Chris
28-08-2006, 19:27:22
Day late and a million drachmas short.

Japher
28-08-2006, 20:28:23
same old story I've told a 100 times before

'cept I have no idea what a drachmas is

Gibsie
28-08-2006, 20:53:21
worth a try i suppose

Lurker the Second
28-08-2006, 21:26:18
I am grateful for paiktis pointing out that 30 is 30 times more than 1. This site has value after all.

notyoueither
29-08-2006, 00:12:57
Apparently training standards for Canadian accountancy could use some brushing up.

Oerdin
29-08-2006, 01:02:46
I imagine bargin deals on ocean front property can still be found in Lebanon. Maybe even Turkey if there are a few more terrorist attacks. ;)

Oh, and I forgot Albania. Can't forget Albania.

Qaj the Fuzzy Love Worm
29-08-2006, 05:29:48
Inconceivable!

MoSe
29-08-2006, 07:50:51
geez, in Milan I have problems finding a 40m^2 flat within walking distance from a metro station (i.e. <1km) for less than 200,000 euros....
..and 1000m^2 in sunny Greece seaside go for 88,000 euros...
:bash:



of course, land prices are not the same as construction prices
88 /m2 vs 5000 /m2

Dyl Ulenspiegel
29-08-2006, 07:57:22
Construction costs are usually 1000-2000 , so I suppose most of that price is land "value".

Just wait a few years, the big inflation cycle is wearing out slowly....

maroule
29-08-2006, 07:58:07
scandalous!




you're still counting in drachmas, moron!!!

Funko
29-08-2006, 08:08:01
Originally posted by Dyl Ulenspiegel
Construction costs are usually 1000-2000 , so I suppose most of that price is land "value".

Do you mean bribes?

Dyl Ulenspiegel
29-08-2006, 08:13:06
For which part of the equation?

Funko
29-08-2006, 08:18:21
I guess in Italy, both parts.

Dyl Ulenspiegel
29-08-2006, 08:22:47
I'd say construction costs may include 1-10% corruption. For land value, who knows, the whole zoning system is a form of legalized corruption.

Drekkus
29-08-2006, 12:18:32
Originally posted by maroule
scandalous!




you're still counting in drachmas, moron!!! :lol: :lol:

mr_G
29-08-2006, 12:21:23
Originally posted by MoSe
of course, land prices are not the same as construction prices
88 /m2 vs 5000 /m2
350 /m2 vs 3500 /m2 in the netherlands- FACT!!!

mr_G
29-08-2006, 12:24:02
40m^2 flat :lol: the whole place would resonate with your snoring.

Funko
29-08-2006, 12:27:25
If mrG designs it he can get the construction prices up to 10000/m2

mr_G
29-08-2006, 12:29:45
- FACT!!!

with two fingers in my nose

paiktis22
29-08-2006, 14:43:13
Originally posted by MoSe
geez, in Milan I have problems finding a 40m^2 flat within walking distance from a metro station (i.e. <1km) for less than 200,000 euros....
..and 1000m^2 in sunny Greece seaside go for 88,000 euros...
:bash:



of course, land prices are not the same as construction prices
88 /m2 vs 5000 /m2


that's why it was an outstanding opportunity. it was unbelievably cheap. and there was a small village nearby with everything you'd need and the sea right next to it... it was dreamy. and just 1.5 hours from athens

mr_G
29-08-2006, 14:47:05
so why didn't you do it?

mr_G
29-08-2006, 14:47:44
I wish i bought some yahoo stocks back in 1982, jesjes they were very very very cheap

paiktis22
29-08-2006, 14:48:00
I didn't have thje money. i had just started working and was paied dimes.

mr_G
29-08-2006, 14:52:35
so if you had the land would you sell it?

paiktis22
29-08-2006, 14:57:09
no!
unless my dick was on fire or some such emergency.
the thing is, i could have borrowed the money or even take a loan. but i was relunctant to do so.

paiktis22
29-08-2006, 14:58:03
i'm sure there are many other similar opportunities. small remote villages that have everything but havent yet been discovered by the massive populace. once they are the prices shoot up the roof. the trick is to catch them early

mr_G
29-08-2006, 14:58:47
so kick yourself in the balls
that will teach you

paiktis22
29-08-2006, 15:00:20
i'll have to go to the doctor first to make sure they are ok, then i'll kick them

MoSe
30-08-2006, 12:17:19
train your cremaster first

paiktis22
31-08-2006, 07:25:17
i couldnt find "cremaster" in the dictionary. the spontaneous conjuctions that jumped in my mind are: cremation hamster and cremastra which means hanger (to hang clothes?) in greek.
i think cremation hamster is closer because you can't train a hanger

MoSe
31-08-2006, 09:22:14
it's related with the balls you're going to kick, there is a thread about it right now

and I think that with "hanger" you just provided us the etimology!!!
:)