BANK OF GREECE: TABLES WITH RESIDENTIAL & COMMERCIAL PRICE INDICES 2007 – 2021
With 2007 as starting year (price index = 100), in 2015 the lowest price level (price index = 59). Continuous upward trend in the last 6 years, peak in the 4th quarter of 2021 (price index = 73.7 - provisional data). +9% price increase in 2021. Big distance (+35,7%) to the complete return
WHAT WILL HAPPEN TO THE HOUSING MARKET IN GREECE IN 2022
Offer of new and modern houses by developers, offer of older houses through auctions, increase of liquidity through mortgage loans by the banks, favorable tax regulations (VAT suspension, parental financial donation free of tax, rationalization of unified property ownership tax). Uncertainty from the course of the war in Ukraine. The real estate
WHICH PROPERTIES DO BUYERS IN ATHENS PREFER TODAY AND HOW MUCH DO THEY PAY FOR THEM
Data from the transfer register of the General Secretariat of Information Systems. An increase of 23.9% in property transfers in 2021 compared to 2020. The average price increased by 16%. In old properties up to 75 sq.m. the highest demand.
HOW PROPERTY PRICES ARE SHAPED TODAY
Detailed price tables for almost all areas of the Municipality of Athens, Thessaloniki and the rest of Attica. An interesting research from the real estate Academy of newdeal, in collaboration with the University of Athens. A really very useful guide for buyers, sellers, investors, developers.