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Real Estate: Significant price increase in the next 3 years

Real Estate: Significant price increase in the next 3 years
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...
February 15, 2022
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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 […]

Steady recovery in the Greek real estate market

Steady recovery in the Greek real estate market
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...
February 7, 2022
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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 […]

Which areas of the country offer the highest investment interest?

Which areas of the country offer the highest investment interest?
Investment interest is becoming more and more intense for Greek and foreign buyers, as the gradual recovery of selling prices creates expectations of future goodwill for...
September 20, 2021
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Investment interest is becoming more and more intense for Greek and foreign buyers, as the gradual recovery of selling prices creates expectations of future goodwill for those who are placed in the market in time.

There is also a recovery in rental prices after a short “pause” during 2020, hoping for further reinforcement of […]

Significant rise in international house prices

Significant rise in international house prices
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...
September 9, 2021
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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 […]

Real Estate: The “spring effect” is coming at the beginning of 2022

Real Estate: The “spring effect” is coming at the beginning of 2022
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...
August 20, 2021
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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 […]

Santorini and Mykonos, the Greek islands that magnetize foreign buyers

Santorini and Mykonos, the Greek islands that magnetize foreign buyers
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...
August 10, 2021
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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 most popular areas for buying or renting real estate

The most popular areas for buying or renting real estate
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...
July 1, 2021
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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 […]

High interest in luxury vacation residences

High interest in luxury vacation residences
Even if we are in a pandemic period, there is a high interest for permanent vacation residences, with the interest of potential investors being particularly concentrated...
June 15, 2021
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Even if we are in a pandemic period, there is a high interest for permanent vacation residences, with the interest of potential investors being particularly concentrated in luxury homes.

Specifically, the demand for holiday homes increased by 30%, with Glyfada, Paros and Santorini being the main destinations for buying homes, according to the report […]

Rise in property prices during the pandemic

Rise in property prices during the pandemic
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...
June 1, 2021
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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 […]

The interest of international investors is continuous towards the Greek real estate market

The interest of international investors is continuous towards the Greek real estate market
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...
May 15, 2021
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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 […]

Which are the traps of real estate auctions?

Which are the traps of real estate auctions?
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,...
April 27, 2021
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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, […]

Buying real estate under the microscope

Buying real estate under the microscope
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...
April 5, 2021
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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, […]

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