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  1. Property ownership waning in Greece as renting takes over

    Society

    an apartment, followed by 36.2 percent who owned land or another asset and 30.4 percent who owned a house. Six... for apartments and 20 percent for houses. However, it was also noted that within the last few years... two years was tourism-related property (61.9 percent) followed by apartments (24.3 percent

    18%

  2. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    apartment blocks in central Athens to use as short term rentals. While some of these tales have... to increased demand for smaller city apartments as well as luxury properties in resort destinations... of listings on a popular online aggregator showed that long-term rents on apartments in the most popular

    18%

  3. Newsletter 297 - 21/05/2021

    Newsletters

    billion euros which was 181 million euros higher than its monthly target. Apartment prices increase 3.2... in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the first quarter... in Q4 2020. Old apartments, classified as over five years old, saw their prices increase by 3.4

    18%

  4. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    at 13,383 in 2014 from 65,474 registered in 2008. Apartment prices, which are indirectly linked to building... downward revision of Greek macro environment would lead to a sharper decline in apartment prices

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  5. Building permits down 11.4 pct in August for second successive drop

    EconomyMacroeconomy

    , the number of building permits landed at 13,383 in 2014 from a high of 65,474 in 2008. Apartment...) of 2015. Over the last seven years, apartment prices in Greece have dropped by more than 40 percent

    18%

  6. Building activity soars 35.4 pct in July mostly reflecting a low base effect

    EconomyMacroeconomy

    to a nosedive of more than 86 percent. Bank of Greece (BoG) figures showed that apartment prices retained... of 2015. As a result, apartment prices have tumbled by 41.7 percent from their peak in Q3 2008

    18%

  7. Building activity edged up 1 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    show that apartment prices fell by 0.6 percent quarter on quarter and by 1.5 percent year on year in the third quarter (Q3). From its peak of 102.2 in Q3 2008, the apartment prices index has tumbled

    18%

  8. Building activity resumes downswing falling by 5.7 pct in October
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . Meanwhile, apartment prices fell by 0.6 percent quarter on quarter and by 1.5 percent year on year in the third quarter (Q3), according to the Bank of Greece (BoG). Overall, apartment prices have plummeted 42

    18%

  9. Building activity down 1.4 pct in November
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    permits having plummeted by more than 80 percent over this period. At the same time, apartment prices... from the previous quarter for the second time in 2016. Since the peak posted in Q3 2008, apartment

    18%

  10. Building activity rises by 9 pct in June, permits above 1,000 for fourth month

    EconomyMacroeconomy

    that apartment prices dropped by 1.2 percent year-on-year in the second quarter of 2017 following a revised drop of 1.7 percent in the previous quarter. Apartment prices have been in contractionary territory

    18%