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NBC: The Greek Government Freezes the Real Estate Market Following the Supreme Court’s Announcement

ΝΙΚΟΣ ΧΡΙΣΤΟΦΑΚΗΣ Written by Konstantinos Kioleoglou, Civil Engineer NTUA & Managing Partner of Avakon – Real Estate Development Chaos in the Real Estate Market Following the Council of State’s Ruling on Building Code Bonuses The real estate market is in turmoil following the announcement from the Supreme Court regarding the construction incentives of the New […]

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Greece : New building regulation provisions unconstitutional, Supreme Court rules

Sofia Spingou 11.12.2024 • 17:40 Greece’s supreme administrative court, the Council of State, has ruled that key provisions of the New Building Regulation (NOK) are unconstitutional. These provisions include incentives to increase building height in exchange for enhanced energy efficiency and more communal and green spaces, which, the court ruled, violate Article 24, paragraphs 1 […]

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UK Property Investors Have Another Painful Year

It’s been a tough five years for UK property investors and 2024 has maintained the trend. Outflows from open-ended funds continue, another big name fund has announced its closure, while investment trust performance has been poor, with discounts widening. ver the past 12 months, almost £1 billion has been withdrawn from UK-domiciled funds making direct […]

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Redemption and Punishment in the Supreme Court’s Decision on the Building Regulation Code (NOK)

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 […]

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Will House Prices Fall in 2025? Zillow Issues Housing Market Forecast

The U.S. housing market has been a tough place for buyers in the past few years, with homes becoming more expensive, interest rates staying high, and housing inventory being low. Now, real-estate marketplace Zillow is predicting house prices will again rise modestly next year. “Zillow forecasts 2.6 percent home value growth in 2025, a relatively slow pace […]

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AVAKON Real Estate Development Proudly Announces Sponsorship of Panionios BC

[Vari, 28/11/2024] – AVAKON Real Estate Development is delighted to announce its official sponsorship of Panionios Basketball Club (Panionios BC), reaffirming the company’s commitment to supporting the local community and promoting excellence in sports. As a trusted name in real estate development, AVAKON has always valued the importance of teamwork, dedication, and passion—values that resonate […]

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Tens of thousands protest high rents in Barcelona

A large number of Spaniards took to the streets of Barcelona on Saturday night to protest a housing crunch and the high cost of renting an apartment in the city. Tens of thousands of people clogged the streets of downtown Barcelona on Saturday to protest the rising cost of renting an apartment in the popular […]

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The Real Estate Market in Greece and the Athenian Riviera as a Global Real Estate Destination. Analysis by Kioleoglou Konstantino

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 […]

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Greek real estate fourth cheapest in Europe, draws foreign buyers

Greece’s affordability and rising property standards make it a top choice for European home buyers Photo Unsplash Kathimerini Greece Newsroom By Nikos Roussanoglou The Greek real estate market has significant prospects for establishing itself as one of the main destinations for foreign home buyers, being the fourth cheapest in Europe. The fact it remains one […]