Apartments in central Europe are among the least profitable investments, while the Mediterranean is at the top of preferences. According to ProfitLevel research, Athens is the second best market in Europe for real estate investment. Specifically, in the Greek capital, it takes 17.6 years for a return on investment in an apartment bought for rent […]
Tag: real estate prices
Greece: 25% rise in house prices
In aggregate, for three years 2018-2021 there was a dynamic growth in property prices. According to experts, the positive dynamics remains in relation to the recovery rate in the real estate market against the background of favorable prospects for the Greek economy. After a long period of decline, when construction activity was frozen, interest in […]
Real estate: 20 districts in which rents have grown exponentially
Rents are rising alarmingly high, in line with asking prices for properties in major urban centers such as Athens and Thessaloniki. According to the data provided by iefimerida.gr, the growth in rental and sales prices is much higher than the growth in wages and disposable income of citizens. It is significant that even if an […]
Apartment by the sea: real estate prices in Greece
New data on fluctuations in property prices located on the islands has been published by the competent website Spitogatos. It is expected that the government’s announcement of new objective values will significantly change the situation by real estate market, which is recovering after a difficult period. The interest of many is focused on areas where […]
Buy a home for less than 100,000 euros
The real estate market in Greece appears to be gradually recovering from the significant downturn recorded in 2020 due to the effects of the pandemic. Demand for rental properties in 2020 decreased by 8.3%, and for purchases by 2.2%. However, a few months later, many townspeople again turned to looking for real estate for the […]