ECONOMY

Greek property market outlook remains positive

Greek property market outlook remains positive

The outlook of the Greek real estate market remains positive, despite any new challenges arising, boosted by the performance of the economy, which recently regained investment grade, and political stability in the country.

However, there are fundamental issues to be resolved, such as regulatory and tax issues, which could create an even friendlier environment for investors in the real estate market.

That was the joint conclusion reached by real estate market executives participating in a discussion on the occasion of the 24th Prodexpo Conference.

In the discussion that preceded the opening of the conference, high-ranking sector officials analyzed the prevailing market trends and highlighted both the opportunities and the risks.

The agenda of the round-table discussion included the prevailing market conditions in Greece and Europe, the existing challenges (such as the imbalance between supply and demand), the categories of property attracting investors, the importance of sustainable buildings and utilization of public property, along with the problems created by increased building costs.

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