Shipowners park money on land ahead of expected drop in freight rates
Specifically, in the nationwide survey, 24.9% of buyers opted for properties between 51 and 75 square meters, while 24.7% chose smaller properties up to 50 square meters.
University institutions are primarily focused on two key factors: the size of potential buildings, favoring properties with ample square footage, and the location's accessibility.
The Real estate study revealed that Greeks in the market for a new house opt for affordable older units within their financial abilities
The report on the Greek market reveals properties are in high demand by foreign homebuyers, usually just before summer
The Municipality of Athens leads in property sales, with 2,035 properties changing hands in the first four months of 2024.
In the first quarter of 2024, Korydallos in the Piraeus region and the burgeoning Attiki Square retain their top spots with impressive yields of 6.3%.
The study indicates that while 66% of Greeks find recent real estate price hikes concerning and liken them to a "bubble," over half (56%) still anticipate further increases.
Prices in the southern Attica region of Piraeus soared 27.3%, according to the leading real estate website Spitogatos
Currently, renovations in the EU countries are only reducing annual energy consumption by 1%, according to the European Commission.
The measures are aimed at preventing or mitigating systemic risks stemming from the real estate market in Greece
Greece’s success at MIPIM 2023 is clear evidence of the confidence investors have in the country as it is emerging as one of the top destinations for real estate investors in Europe, whether it involves hotels, industrial, residential, or commercial properties, as well as logistics and infrastructure.
With real estate in Greece soaring, privately-run “all-inclusive” student dorms are intriguing investors leaving some wondering if it's the country's next real estate opportunity
Greece is ready to redevelop the former royal estate at Tatoi near Athens into a mixed-use culture and tourism hub.
The popularity of co-living is increasing in Greece, with 57% considering it, drawn by cost-effective shared amenities (26.7%) and reduced isolation (22.7%).
In the majority of cases, foreign investors buy property in Greece not only to obtain the Golden Visa but also because it is profitable, often leasing it for short periods.
In the report, the IMF is also raising some concerns about the Greek banking system, urging Greek authorities to take measures
According to a recent survey, Israelis are the top buyers, followed by Chinese nationals and Germans
As the analysis notes, in 2022, a 68% surge was reported, with property investments reaching 2 billion euros, with the 9-month-term 2023 data marking a 29% uptick compared to the corresponding period of the previous year.
Southern and Southeastern European countries dominate the top positions in the ranking, with Croatia in second place (+13.7%), Greece in third, and North Macedonia (+11.0%) in fifth. The only outlier in this ranking is Colombia, standing fourth in the global index