Emirs go hunting for bargain in Greece

The Emir of Qatar is just one of many that recently snapped his own piece of Greece. He just bought six Greek islands for the bargain price of just £7.35 million.

echinades_greece

One of the world’s richest men, Hamad bin Khalifa Al Thani, fell in love with the islands in the Ionian Sea four years ago and after 18 months of wrangling has convinced the eurozone’s poorest country to sell the idyllic isles as a job lot.

The privately-owned islands, known as the Echinades, had been put up for sale as crisis-hit nationals struggled with the high real estate taxes imposed on them by the state.

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