The Greek Deal.com
REAL ESTATE
Above the European average in 2024 in terms of property owners
Greece remained above the European average in 2024 in terms of the number of citizens who own at least one property, according to the RE/MAX Europe European Housing Trend Report 2024.
How deals worth millions were not cancelled - The green fee issue
Stathis Karopoulos, director of the Stama Greece Association, analyses the new legislative initiatives of the government as well as the challenges for the short-term rental sector in a statement to BnB Daily.
What holiday homes are sought by foreign investors in Greece
Less square footage but more amenities. This is the trend that is expected to dominate the preferences of foreign investors in the Greek holiday home market this year.
Plans to expand its investment in Greece
Saudi Arabian real estate company Dar Global has announced plans to expand its investment in the US and Greece, following the Dubai-based development company's agreement with the Trump Organization.
Strong interest and first transactions for offices and apartments in the new Minion
The first transactions, for the time being, in office space in the area of Omonia around the former Minion department store for satisfactory prices are now a fact, as are the renovation and redevelopment of the complex.
6.3% increase in insured homes for weather and earthquake
Greece's rate of residential insurance coverage is 18.3%, as of December 31, 2023, as opposed to 18.2%.
Purchase of two new buildings in Athens - to be used as hotels
Blend Development expands its portfolio with the successful completion of the purchase of two buildings located at 74 Syngrou Avenue and 30 Pireos & Geraniou Streets.
Sold property for €6.3 million
Klοukinas-Lappas announced the sale of a property, with a total surface area of 3.230,75 sq.m. located in the Municipality of Tavros, for a total price of €6.300.000.
SWOT Hospitality agreement with Olympic Committee for the Civitel Building in Maroussi
SWOT Hospitality now owns the building, which currently operates as Civitel, on Kifissias Avenue in Maroussi.
Demand soared in the first half of 2024
In comparison to the same period in 2023, the first half of 2024 shows a significantly higher transaction volume, with sales values rising by 90%.
Shift from Greek buyers to smaller houses
Larger properties are primarily chosen for owner-occupation, but Greek buyers are gravitating toward smaller properties, primarily seeking investment opportunities that can guarantee future capital gains.