Politics

Right to a roof: 1 in 2 Greeks see absurd increases and real estate bubble

The right to housing in Greece tends to become a joke as housing prices soar at rates out of proportion to wages. While the problem of access to housing is intensifying on a pan-European level, it is now also on the agenda of politicians, who until recently underestimated it. As part of the housing policy, the government will announce at the Thessaloniki International Forum "My House 2", which will...

The “orphan” properties are a ticking bomb – 900,000 houses shut all over Greece

Incentives for the reconstruction and utilisation of properties are requested by executives of the real estate market The thousands of "orphan" properties in Greece, which, according to the latest estimates, amount to 770,000, are recording a significant increase in the last decade and are characterised as a ticking bomb that is ready to explode. In fact, information from the tax authorities indicates...

Golden visa: One billion euros in Greece’s coffers in five months

Golden visa demand soars - Thousands of pending applications There has been an investment explosion in recent years in Greece, as after the abolition of the “golden visa” program in Portugal, it is garnering the lion’s share from this program. The increased buying and selling of real estate brings hot money to state coffers, while strong mobility is also observed in the country’s notary...

Property: When the price rally ends – Why the IMF is ringing the bell for a “bubble”

How much is the Greek market at risk as a whole from the trend in real estate? An alarm has sounded in the real estate market about the possibility of a "bubble" in real estate. As prices continue to increase, at the first quarter of the year home sale prices compete at double the rate of growth. The properties The figures are revealing, according to which the sales prices of newly built apartments...

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