From 2018 until the third quarter of 2021, an increase is recorded of house prices by 30% -32% in Athens, by 21% -25% in Thessaloniki, by 9% -14% in other major cities and by 10% -16% in other parts of the country. This fact is a clear indication of the new upward cycle in which […]

In 2022, the Greek real estate market is expected to be on a trajectory to recover the “acquis” that had been created until 2019 and were lost during the last two years, due to a pandemic. In fact, already in 2021 a significant part of the losses caused by the pandemic and the economic recession […]

In the first quarter of 2021, according to a relevant survey by the Financial Times, there was a 9.4% rise in international housing prices, making it the largest in the last 30 years among OECD countries. The high interest in more living space and better housing conditions, the consequence of lockdowns and teleworking, the funds […]

The well-known “spring effect” is expected to appear in early 2022 for the Greek real estate market. It is worth noting that the interest of potential real estate investors throughout the crisis remained high with the greatest demand focusing on logistics, tourist real estate, but also bioclimatic design real estate.

Approximately 250,000 properties are […]

It is a fact that the interest of foreign buyers towards Greek holiday homes has been revived. Although the pandemic was a deterrent effect to the completion of many transactions in 2020, the demand shows that prices were not negatively affected, a trend that became apparent in the main housing market.

According to the […]

The housing market seems to be rising, as in the first four months there was an increase of 61% in the research for real estate for sale and by 30% for rent.

As usual, in demand are the areas in the center of Athens that offer big surfaced residencies, a clear indication that market […]

Real estate prices follow on their own track, defying the economic crisis amid a pandemic. So, instead of showing a decrease in 2020, they recorded a significant increase.

Specifically, according to the data of the Bank of Greece, during the whole of 2020 the average increase in house prices amounted to 4.2%, compared to […]

Which districts are in high demand?

It has been observed that, even in the midst of a pandemic, the Greek real estate market continues to attract the interest of international investors due to the comparative geopolitical advantages of the country, as stressed by George Kormas, Senior General Manager, Head of Real Estate Group of […]

Those who have cash flow are evaluating their participation in a public electronic bidding competition, as the auctions, after a pause due to the pandemic crisis, are in full restart. However, divestitures may have some risks.

“Online auctions can hide pitfalls. The prospective buyer does not have the opportunity to visit the property, which, […]

Which districts are in high demand?

Demand for housing has exploded in some areas of downtown Athens, such as Psyrri, Thiseio, Monastiraki, Plaka, the Acropolis and the Mets, by the end of the 1990s and during the early 2000s, when the new metro stations emerged.

Nowadays, the prices in the real estate market have skyrocketed, […]