From Abu Dhabi to Beijing and everywhere in between, investment funds are willing to withdraw significant chunks of change from their coffers to buy Greek assets ranging from airports to seaports and from boutique hotels and marinas to golf courses and even ex-military bases.

But as the re-elected anti-austerity radical left Syriza party works to implement a long list of draconian measures it was forced to bring in before calling the September 21 snap elections, question marks about its privatisation polices abound for institutional investors who have an eye for a good bargain.

As per left-of-centre rhetoric, Greek assets should not become easy prey to the capitalist vultures hovering above their vulnerable targets. And to put flesh to bones, Prime Minister Alexis Tsipras is likely to re-examine, re-evaluate and reconsider whatever MoUs were signed during previous administrations, including his own short-lived one.

He will do so to achieve better deals and live up to the expectations of his voters and — more importantly — his own MPs.

These procrastination tactics have served their purpose previously, by delaying or even cancelling out almost-done deals. Yet this time around, investors’ patience is likely to wear thin and cash reserves will get even thinner if Syriza resorts back to its old ways.

And while multibillion euro deals may take a bit longer to materialise, individual investors seeking a place under the warm Greek sunshine may have more bargains available than meet their sun-shaded eyes.

For an increasingly large number of property and business owners around the country are offloading assets in an attempt to avoid taxation and raise funds to pay back debts.

Property prices in Athens, the Greek mainland, and most of the lesser-known islands have dropped dramatically to the tune of more than 50 per cent during the last few years making Greek property a truly attractive asset class.

This is so both for Greek expats as well as international citizens looking for a piece of paradise. Add to that the incentive of ‘Golden Visas’ for investments of 250,000 euros and above and what you should be getting soon are long queues of people ready to put down hefty advance payments to secure their future possessions. And with that unrestricted travel within countries signatories to the Schengen Treaty.

My own inbox for starters is constantly inundated with ambitious realty brokers from Greece offering some truly exceptional properties at rock bottom prices that could make even passive investors like me consider my options.

Many friends keep asking me about property prices in Greece and I keep repeating the same answer — now it’s the time to do it. However, patience is the mother of all virtues, as ancient Greeks allegedly concluded years ago. So, I wouldn’t rule out a further drop in property prices in 2016 and even beyond for two reasons.

First, recession and a lack of growth will persist putting pressure on the economy which in turn means the Government is likely to impose more taxes to meet the fiscal targets agreed with the EU, the International Monetary Fund and the European Central Bank.

This has meant that property owners are asked to foot the bill, which could lead a large number of them to panic sales.

The second reason is that the same property that today costs, say, 500,000 euros, could cost the same in drachmas or another heavily devaluated currency in a year or two, if, from what is rumoured, a possible Grexit is still on the cards.

So the question should not be whether to buy or not to buy Greek assets but whether to buy now or buy later.

Greece is a land of infinite natural beauty, excellent climate, and steeped in a rich cultural heritage that have shaped Western civilisation as we know it. A country full of contrasts with people who are proud of their past, but not at all confident about their future.

And while this may be a sad conclusion to draw for those of us who hail from this great land, the country’s lack of a long-term perspective and weak prospects are factors that resonate well with cash-rich investors seeking to live their own myth in the land of the gods.

— The writer is Head of PR and Social Media at Al Futtaim Group. The views expressed in the column are private.