With €2.5 billion in wage hikes, bonuses, and tax cuts, Greece is loosening its purse strings to ease household strain — cautiously, and amid widespread discontent with government performance
Food, rent, and hospitality costs pushed prices higher in Greece in October, while olive oil prices dropped sharply, according to ELSTAT’s latest inflation data
Athens is a vast construction site. A dense forest in the hunting season, fertile ground for what the academics call the “financialization of housing”
'We can all agree, I believe, that the average monthly rent in the country is not 255 euros', Minister Kyriakos Pierrakakis told a real estate conference
In the Athens metropolitan area, Vouliagmeni holds onto its title as the most expensive neighborhood for rentals.
Owning a home is a dream for many Greeks, but it's becoming increasingly difficult to achieve.
The increase was more pronounced in Athens, where rents surged by 6.4%, while Thessaloniki saw a rise of 3.9%, and the rest of Greece recorded a 2.1% uptick over the same period.
Families with children are even more affected, with 26.3% of these households struggling to pay rent.
Geoaxis estimates that the different dynamics in the office market will continue into 2024/2025, predicting stability for older offices, increased demand for renovated spaces, and a slowdown in the rise of rents for modern, green offices
A growing housing problem and the touristification of urban centers and popular islands have forced Greece to increase the limits of its popular golden visa program