By Kioleoglou Kosta , For generations, real estate has enjoyed an almost mythic status among investors. Bricks and mortar have been seen as a safe haven—an asset that can be touched, seen, and, in many cases, lived in. The logic seems sound: unlike stocks or cryptocurrencies, real estate is a tangible asset that can be […]
Almost two years after the onset of the crisis in the construction sector, the government still fails to offer a substantial and definitive solution. The inability to ensure legal certainty, equal treatment, and a stable legislative framework has deprived a highly promising market—namely, the Greek real estate and construction sector—of the necessary conditions for growth. […]
France, Greece and Portugal could also follow Spain’s lead and potentially make significant property tax changes in an effort to tackle their respective housing crises and make real estate more affordable to residents. Following Spain’s recently proposed 100% property tax on non-EU buyers, there have been increasing concerns about other major European countries such as […]
We take a look at how the emirate’s surging market matches up to other cities worldwide It’s no secret that the property market in Dubai is in good health, with soaring house prices and rising rents showing no sign of abatement. But how does it compare to other parts of the world? Dh1 million ($270,000) can buy you a two-bedroom […]
The Greek Property Market: A Hidden Gem for Investors The Greek real estate market has shown remarkable resilience and offers immense potential for future growth. Over the last five years, the market has produced exceptional gains exceeding 70%, marking a strong recovery following the previous economic recession. According to reports from Eurobank, between 2018 and […]
by Kioleoglou Konstantinos for Skai.gr The announcement of the Supreme Court’s decision on the Building Regulation Code (NOK) brought a sense of redemption for all those involved in the construction sector. Redemptive and Punitive Implications Supreme Court’s Decision on the Building Regulation Code (NOK) The announcement of the Supreme Court decision on the Building Regulation […]
Konstantinos Kioleoglou, Managing Partner of Avakon, analyzes the trajectory and prospects of the Greek real estate market, placing the phenomenon of the Athenian Riviera under the microscope. He examines its strengths and weaknesses in comparison to other global destinations for luxury home purchases. Konstantinos Kioleoglou, Managing Partner of Avakon, analyzes the development and prospects of […]
One of the most important trials of the last decade, which will determine the constitutionality, legality, and application of the main provisions of the New Building Code (NBC2012), began on October 11. The implications of this decision extend beyond the involved parties—the municipalities of Attica, contractors, engineers, and the Ministry of Environment—and impact citizens directly […]
The Greek economy has been boosted in recent years by the steady rise of the construction sector and the real estate market as a whole. With Foreign Direct Investment (FDI) related to real estate in Greece, having exceeded 2 billion euros in 2022-2023, compared to an average of 0.4 billion euros in the previous decade, […]
Written By Robin Rothstein Mortgages and Loans Writer The housing market has yet to heat up this summer, but that may change soon. The mortgage-rate roller coaster ride appears to be over. Recently, rates are behaving more like a water slide, moving downward with occasional plateaus and landing at their lowest levels in 15 months. […]
