NIKOS ROUSSANOGLOU

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LATEST ARTICLE

The major city facelifts and infrastructure projects in the capital, totaling more than 10 billion euros, are generating high expectations for capital gains in the Attica property market.


ARCHIVE

07.05.2021 / 21:18

Residential property prices remained on a growth path over the first quarter of the year, as the housing market appears to be emerging from the pandemic largely unscathed.


29.04.2021 / 04:00

Asking prices for property are up 3.7% year-on-year across Greece, according to the Spitogatos Property Index (SPI), and have reached 1,244 euros per square meter, while the average rental rate posted a marginal drop of 0.8%, to €6.8/sq.m.




11.04.2021 / 10:49

House prices and rents in Greece dropped the most among EU countries in the period from 2010 to the end of 2020, a Eurostat analysis shows.


09.04.2021 / 12:05

A Competition Commission report published late on Wednesday established that there is insufficient competition in the construction sector. Listed construction firms appeared reserved on Thursday ahead of the next stages of the process.


12.03.2021 / 23:09

Dutch investment fund Reggeborgh Invest is set to liquidate its entire 28.181% stake in Greek construction company GEK Terna in a deal valued at some 300 million euros.


11.03.2021 / 22:06

The stake that the Reggeborgh Invest group holds in Greek construction company GEK Terna is set to drop from 28% to 14%-15%.


10.03.2021 / 04:00

The islands of the Cyclades, Lefkada and Cephalonia in the Ionian Sea, as well as the capital Athens and the nearby islands (e.g. Spetses, Hydra etc) are today the most expensive areas for investing in the property market across Greece.


07.03.2021 / 21:28

Property market professionals have been desperate and deeply disappointed in recent months in their attempts to carry out real estate transactions or even something as simple as an inheritance acceptance.



02.03.2021 / 22:49

The negative impact of the pandemic on the demand for property has changed the market’s landscape completely within the space of just a year, leading to a drop in the volume of transactions, an increase in the stock of unsold properties, a leap in the number of apartments available to rent and the stabilization of sale prices.


26.02.2021 / 20:25

The pandemic and the resulting crash in the tourism industry also greatly affected short-term rentals, with total earnings falling to €467.4 million from €989 million in 2019, a drop of almost 53%.