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Newsletter 232 -13/12/2019
near-zero yield Apartment prices up by 9.1 pct in Q3, hitting series high Greece is rounding off... to the tourism industry and short-term lettings. The latest YoY apartment price increase overall beats.... The total number of permits came to 1,323, staying above the 1,000-permit mark for a seventh month
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Newsletter 297 - 21/05/2021
infections remain stubbornly above the 2,000 mark this week, with Wednesday’s daily figure coming in at 2,293... the coming weeks. This week Greece went past the 3-million mark for the number Ongoing concerns about... billion euros which was 181 million euros higher than its monthly target. Apartment prices increase 3.2
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Back from the brink: What next for Greece's property market?
EconomyFeatures, the cumulative fall in apartment prices came to an average of 41.2 percent in nominal terms. Retail... the same period. Apartment prices have been falling since the first quarter of 2009. The biggest... already own properties are trying to get rid of them as the property tax burden becomes an obstacle
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Newsletter 253 -05/06/2020
on course to ease the country out of lockdown and get the tourism season back on track, though.... Apartment prices rise by 6.9 pct in Q1 Headline figure marks ninth consecutive quarter of price rises... percent, respectively. The rise in the nominal value of apartments in Greece came to 6.9 percent
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Newsletter 254 -19/06/2020
. Kaminis, formerly the Athens mayor, said that recent scenes would only get worse if the government... mark for an eighth consecutive quarter. The figure for those unemployed is the lowest since Q4 2010.... The number of unemployed came to 745,093 in Q1, staying below the 1 million mark for an eighth consecutive
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Property ownership waning in Greece as renting takes over
Societyan apartment, followed by 36.2 percent who owned land or another asset and 30.4 percent who owned a house. Six... property owners said that rent is usually late or does not get paid at all, compared to 37.6 percent for apartments and 20 percent for houses. However, it was also noted that within the last few years
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesbe rising again in some areas. However, with property values still way below their high water mark... 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
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Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
EconomyMacroeconomythe 1,000-permit mark after dipping below it for two months. Compared to March 2017, total permits... percent drop in apartment prices year-on-year in the first quarter of the year. This followed a drop of 0.4 percent in Q4. Apartment prices have been falling since the first quarter of 2009. For 2017
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Building permits up by 1 pct in April and 5.2 pct in first four months of the year
EconomyMacroeconomynegative reading of the year to date. Permits came to 1,058, staying above the 1,000-permit mark... (BoG) figures showed a 0.2 percent drop in apartment prices year-on-year in the first quarter of the year. This followed a drop of 0.4 percent in Q4. Apartment prices have been falling since the first
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Building permits up by 4.4 pct in May and 5.3 pct in first five months
EconomyMacroeconomy. Permits came to 1,318, staying above the 1,000-permit mark for a third month running... of Greece (BoG) figures showed that apartment prices rose by 0.8 percent year-on-year in the second... in apartment prices since Q4 2008. For 2017 as a whole, the decline in property prices came to an average
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