![The 7 reasons why investors opt for Greek real estate](https://www.ot.gr/wp-content/uploads/2021/05/ακίνητα.jpg)
The 7 reasons why investors opt for Greek real estate
What keeps prices in the Greek real estate market high and demand "warm" despite the shock of the pandemic - The role of Golden visas and taxes
What keeps prices in the Greek real estate market high and demand "warm" despite the shock of the pandemic - The role of Golden visas and taxes
2021 is expected to usher in structural changes in the real estate market, according to the Bank of Greece
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
Greek supermarkets owner will be constructing a Grand Masoutis and two nine-storey apartment buildings in Athens valued at 30 million euros.
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%).
Israelis scour the Greek real estate market for housing
Interest of foreigners for the purpose of commercial exploitation
What relevant research shows
The sale of assets in the retail and wholesale market and the opportunities for financing transactions
The first step will be to hire an internationally recognized consultant
According to the ManpowerGroup study, 35% of the 525 Greek companies surveyed have adopted AI, including creative and conversational applications
The Canada-based credit rating agency, however, lowered its GDP prediction to 2.2% for 2025
At the end of 2023, there were 1,159,332 insured residences in the country
The Cycladic Island of Mykonos and the Ionian Island of Paxos were the priciest destinations to buy a home in May 2024
The Information Technology sector leads as the most competitive at 38%, despite a 5-point drop from last quarter and 1 point from last year.
The Municipality of Athens leads in property sales, with 2,035 properties changing hands in the first four months of 2024.
The greatest interest, according to the Spitogatos site, centers on the coasts of Attica prefecture, where the greater Athens-Piraeus area is located. This is followed by high interest in certain islands close to the Athens area.
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.
George Gavriilidis, CEO of the real estate consultancy Elxis highlights that Greek buyers are increasingly drawn to emerging locales.
In the last six months, Greeks have made a surge into the vacation home market, notably without relying on loans
The amendment aims to ensure the availability of affordable housing and to close loopholes that enabled third-country nationals to exploit golden visas for financial gain
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
Berenberg, the oldest German bank, identifies Greece and Portugal as key players in the eurozone's narrative this year, alongside Spain to a lesser extent
In a bid to sustain the construction sector, the Value Added Tax (VAT) on newly constructed properties will maintain its current status quo for an additional year, persisting until the conclusion of 2025
A positive reversal was recorded after the end of the COVID pandemic lockdowns as Greek households witnessed a substantial rise in wealth to €798.8 billion in the 2nd quarter of 2023, with property largely accounting for the wealth uptick
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