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. […]
Real estate markets in Greece, Cyprus and Serbia are showing remarkable resilience, despite the economic pressures in Europe. With increased residential prices and strong demand for commercial real estate, these countries offer attractive investment opportunities. The upward trend in property prices that has dominated Europe in recent years appears to be coming to an end, […]
What many had hoped would be a rosy spring home-buying season has turned into a thorny challenge for home shoppers already demoralized by a challenging market. Home sale activity was stagnant last month as mortgage rates and home prices maintained an upward trajectory. One silver lining is that more resale inventory entered the market, which […]
Article by Kioleoglou Konstantinos Skai.gr / 08:41, 08.05.2024 The fluctuations in house prices in Greece over the last decades are impressive. According to available data published by the Bank of Greece, house prices reached their peak values in the third quarter of 2008, when the CBE Index reached a value of 102.2. The market was […]
