PROPERTIES IN THE HEART OF THE ATHENIAN RIVIERA BY AVAKONIn 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.
House prices and rents rose between Q4 2023 and Q1 2024In the first quarter of 2024, house prices in the EU increased by 0.4% and rents by 0.9% compared with the fourth quarter of 2023. Compared with the first quarter of 2023, house prices in the EU went up by 1.3%, while rents increased by 3.0%. This information comes from data on house prices and rents published by Eurostat today. This article presents findings from the more detailed Statistics Explained article on housing price statistics. House prices and rents in the EU followed a similar pattern between 2010 and the second quarter of 2011 but are now evolving differently. While rents increased steadily since then up to the second quarter of 2023, house prices followed a different pattern, including decreases and more rapid increases.
CNN :The fever gripping the housing market seems to be breaking. Here’s whyAnnual house price inflation in the UK has slowed to its lowest in a decade, as the market stabilises after last autumn’s turmoil. Lender Halifax has just reported that prices in April were 0.1% higher than a year ago – a slowdown on the 1.6% annual house price growth recorded in March.
THE SECRETS OF INVESTING IN REAL ESTATE: EVERYTHING A BEGINNER NEEDS TO KNOWThe Art of Real Estate Investment by Kioleoglou Konstantinos Welcome, to the captivating world of real estate, where patience, knowledge, and market understanding reign supreme. In this realm, successful property investments are not achieved through impulsive actions or short-sighted endeavours. Instead. they require a deliberate approach, an astute comprehension of the market, and an unwavering commitment to navigating the ever-changing tides of real estate cycles. minimize risk and maximize returns, says Kosta Kioleoglou.As you embark on your real estate investment journey, remember that it is a path marked by both challenges and opportunities. It demands a strategic mindset, where careful analysis and diligent research are paramount.
SINGAPORE: Singapore’s property market faces “potential downside risks” from a large supply of unsold units in the medium term and an uncertain economy, said the Monetary Authority of Singapore (MAS) on Thursday (Nov 28). In its annual Financial Stability Review, the central bank urged prospective buyers, especially households that are highly-leveraged, to be mindful of […]
The pattern that stands out in the Greek residential property market this year is the sale of homes costing up to 150,000 euros each, with bank funding of no more than 70-80 percent, according to data compiled by Individual Market Solution (IMS). However, unlike in previous years, buying interest has clearly increased, even if for […]
UK house prices rebounded in November despite continued uncertainty around the outcome of Brexit and the upcoming general election, according to Britain’s biggest mortgage lender. The average price of a home rose 1% to £234,625 last month, Halifax said, marking the largest monthly rise since February. It signals a slight recovery after two months of declines and […]
New York developers have taken the rare step of easing down payments for residential properties to entice buyers in a sluggish market. The hard-and-fast rule for those hoping to own a New York City apartment was that they must come up with 20 per cent of the purchase price in cash, a formidable barrier to […]
In an attempt to boost the Greek real estate market, PM Kyriakos Mitsotakis announced on Wednesday a three-year suspension of VAT payments on any new building permits as well as those to be made on unsold properties built after January 1, 2006. In an address to a conference hosted by The Economist magazine, Mitsotakis noted that the Greek […]
DUBAI — Dubai property developer Damac has canceled its dividend payments, conceding slumping profitability and a weak market are hurting its operations. “Kindly be advised that Damac confirms the news shared on the media in respect of non-distribution of dividends in light of the low profitability and the weak market,” the company said in a […]
Number of properties for sale dropped 15% in November – the fastest rate since 2009 The number of properties coming on to the UK housing market is falling at its fastest rate in a decade as next month’s general election deters sellers. Rightmove said the average price tag fell by £3,900 in November – the equivalent […]
SUMMARY Property consulting and engineering services firm Avakon Kenya has stepped up its efforts to have Kenyans invest in Greece’s real estate through the European nation’s residence-by-investment programme. Avakon Kenya’s managi ng partner, Kosta Kioleoglou, said Greece’s Golden Visa Programme, which provides access across Europe with a minimum investment in property of €250,000, is one […]
UK house prices have registered their lowest October rise since the 2008 financial crisis as Brexit uncertainty continues to take its toll, according to the property website Rightmove. Its data also showed that some parts of London are continuing to see asking prices fall, in some cases by £15,000 or more in a month. The price of property […]
The Athens property market is evolving into something of a mecca for investors with the required cash flow, especially if they manage to acquire assets at relatively low prices. In the first six months of the year the real estate market saw the inflow of 736 million euros in foreign funds, an increase of 94.6 […]
