RED Avakon is redefining luxury residential living in the southern suburbs of Athens, blending minimalist design, sustainable development, and top-tier construction quality to create premium homes that harmonize with the Athenian Riviera. The unique character of the coastal landscape and the balance between controlled development and environmental protection are the keys to RED Avakon’s vision […]
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 […]
Athens March the 13th 2025 for Property Investment News Since 2020, Greece’s real estate market has experienced a remarkable resurgence, establishing itself as one of Europe’s most promising investment landscapes. This period has been characterized by consistent property value appreciation, robust foreign investment, and strategic policy shifts that have collectively transformed the market’s dynamics. Market […]
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, […]
Significant changes are sweeping across Greece’s real estate market as the new Golden Visa regime takes effect from 1st September 2024. This long-anticipated shift brings with it a more demanding set of requirements for foreign investors seeking residency permits through real estate investment, signaling the government’s intent to reshape its housing policy while still maintaining […]
The development and sustainability of the real estate market are critical issues for the economic prosperity and sustainability of a country. Despite significant efforts in the past, the inadequacy of a stable fiscal and legislative framework has often weakened efforts to sustainably develop the real estate market. In the current era, where globalisation and […]
2022 was characterized as one of the best years in terms of the performance of the real estate market and the real estate market in Greece since the beginning of the crisis, exceeding all expectations in terms of transaction volumes and total sizes in m2 and m3 as well as the number of permits for […]
