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House prices rose 13.4% in 2023

Nevertheless the realty rate inflation shows signs of abating, according to the Bank of Greece Nikos Roussanoglou 06.03.2024 • 13:26     Sales prices of residential property increased last year at an average annual rate of 13.4% throughout the country, according to data from the Bank of Greece. This is even steeper than 2022, when […]

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Unstoppable the real estate market of the Athenian Riviera – Not affected by the changes in the golden visa program

By Konstantinos Kioleoglou The real estate market and the real estate construction sector are important factors for the economy and for tackling unemployment in many countries. Their development brings benefits on many levels, providing jobs, boosting economic activity and facilitating citizens’ access to suitable housing. However, there is a strong concern that the rapid growth […]

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Greece: Inside one of Europe’s last golden visa programmes and what’s set to change

Greece launched its programme in 2013 during what became the country’s 10-year financial crisis. Greece is one of the last remaining countries in Europe to offer golden visas. The controversial ‘residency by investment’ schemes allow wealthy foreigners to ‘buy’ the right to stay in a country long term. Concerns over security and inflation have led […]

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UK housing market sees first value drop in a decade

The total value of all homes across the UK has dipped for the first time since 2012. According to figures by Savills, the total value of UK homes now stands at £8.678 trillion. The analysis of the UK’s housing stock reveals that the total value has fallen marginally on 2022 – when values peaked – but remains […]

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Unlocking Greece’s Property Market: A Beacon of Potential

Written by Kioleoglou Kosta for PropertyInvestmentNews.com Nestled in the cradle of history, culture, and picturesque landscapes, Greece is emerging as a shining star in the realm of global real estate. With a confluence of factors that include its prime location, robust infrastructure, political stability, European Union membership, and a steady influx of investments, the Greek […]

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Have We Reached the Tipping Point for UK House Prices?

By John Stepek We’re going to be getting plenty of house price data in the next few days — we get Nationwide house prices for June on Friday, and data on mortgage approvals tomorrow — so I’ll be coming back to this topic later in the week. But today I wanted to highlight a couple of interesting data […]

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PROPERTIES IN THE HEART OF THE ATHENIAN RIVIERA BY AVAKON

In the heart of Greece’s Capital, Athens, the urban landscape gives way to a unique seaside resort. This gorgeous stretch of coastline with its green-blue water, organized beaches and rocky coves, is teeming with five-star resorts, spas, esplanades, marinas, windsurfing , sailing, golf and much more attractions. Combined with the ideal climate, the Athens Riviera […]

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UK property market moves into cold storage

As Britain enters the most serious phase yet in its fight to tackle the coronavirus crisis, the traditional “spring selling season” in the housing market has been all but forgotten. The government’s crisis measures to limit the spread of Covid-19 mean estate agents, prospective buyers and surveyors are barred from making home visits — bringing the […]

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Economic slowdown decreases house prices by 0.61pc in Q419

By MARGARET NJUGUNAH, NAIROBI, Kenya, Feb 3 – House prices maintained a downward trend in the fourth quarter of 2019, according to the Kenya Bankers Association House Price Index (KBA-HPI).   The report attributed the performance to an overall slowdown in the performance of the economy, which in turn tightened disposable income growth among potential home buyers.   During the period under review, house […]