Search Results: ESTAT

The rising demand for properties in Athens’ southern suburbs continues to push prices upward. In 2024, real estate values in the area rose by approximately 7.9%, with forecasts predicting a more moderate 3% increase in 2025.

Greece’s appeal is driven by its competitive pricing compared to other luxury markets, such as the French and Italian Rivieras.

The city center remains a key area of interest, with an average asking price of 2,524 euros per square meter, reflecting a 5.21% increase from February 2024.

The remarks reignited a debate that first surfaced during his initial presidency when he proposed buying the vast Arctic island from Denmark, an idea dismissed outright by Copenhagen at the time

The continuous upgrade of the Athenian Riviera’s infrastructure, featuring high-end marinas, restaurants, and hotels makes it even more attractive to buyers.

Greece is set to launch an application that records real-time data on sale prices of properties, anticipating that an increase in transparency, will eventually lead to a drop in the currently inflated prices of the real estate market. The app which is under development is expected to be fully operational by the summer of 2025. […]

For apartments in major cities, price increases have so far remained below 11%, with even smaller gains for properties overall.

Athens ranks 22 out of 30 European cities in terms of it prospects for real estate investment, according to a report by PwC.

Owner allegedly nicked 22 down payments for wedding receptions at the estate, which lacked a business license and was closed

Buyers over 50, and middle and upper management executives constitute the primary groups investing their savings primarily in newly built high-end properties

The scale of residential developments varies depending on the area. Different needs and infrastructures exist in regional cities, Thessaloniki, Patras, Heraklion, and each municipality in Athens.

Lamda Development cited a consideration of 150mln€ for the land transaction with a Prokopiou -owned company, with a total investment billed at half a billion

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.