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Where affordable housing falls short in Greece: IOBE proposes a cap on rent increases

The factors that exacerbate the housing problem in Greece, international practices and proposals for the Greek housing market NewsroomJanuary 1709:14 Demand from abroad, imbalances in financing with significantly fewer loans from banks, the existence of many empty houses, a change in the profile of many Greek households with more now single-person or single-parent households, construction and energy costs, taxation, and […]

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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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Greek Property Market on Slow but Steady Upward Path

Greece’s housing market is gradually improving, holding the 48th spot among 57 global markets on residential and commercial property consultancy Knight Frank’s Global House Price rankings. The London-based agency released second trimester data for the year and according to Central Bank of Malta figures, prices increased by 17 percent year-on-year with only seven countries and territories (12 […]