Rentals

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...

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...

The turnover of its economy in Greece is expected to reach 4 billion euros this year When in 2007 Brian Chesky and Joe Zembia decided to provide their San Francisco living room air mattress and a simple breakfast for a fee, they could hardly believe they were laying the groundwork for a multi-billion dollar financial empire that has mutated the tourism industry but also entire megacities. Indeed,...

The current economic situation, but sometimes an entire period of history, can be captured by the price fluctuations of a small apartment. A friend of mine was described me a few days ago the adventures and destiny of a small apartment she owns in Ampelokipoi over the last 20 years. The ground-floor apartment, which her family bought her during her student years up until the day she got marriage, became...

The rate of home ownership in the country has shown a significant decline in recent years. In particular, during the period between 2005 and 2021, the percentage of home ownership in Greece fell from 84.6% to 73.3%, losing 11.3%, according to Eurostat data. The housing stock in Greece, according to Eurostat, for the year 2019 was 3,949,900 residences – houses. According to the official data of Eurostat...

Like many young Greeks, Christina Pappa had to look for a cheaper apartment in an Athens suburb after her rent went up and was relieved to find one through acquaintances. With a rent of 200 euros per month, she is lucky, the publisher notes. While Greece's economy is growing at nearly twice the rate of the euro zone this year, thanks to a strong recovery in tourism, young people are increasingly being...

The prices of rents in Attica are constantly increasing, as a result of which, it becomes more and more difficult to find cheap housing. In the center of Athens, prices have increased by 10% during the last year, while the cumulative increase in rents over the last three years ranges between 30% and 35%. As Mr. Lefteris Potamianos points out (the President of the Association of Realtors of Athens -...

Rents remain high, mainly in the country's urban centers, according to the latest data from the real estate market. According to the Greek Statistical Survey's (ELSTAT) latest data on inflation, housing costs for citizens has increased by 35% within a year, due to the increase in prices for house rents, electricity, gas, heating petrol and solid fuels. On the issue of high rents, Lefteris Potamianos,...

Landlords are asking for increases of up to 25% for the renewal of their leases, as August and February are the months when most relocations, lease renewals and new tenancies take place. According to the research network E-Real Estates (Panhellenic Network of Real Estate Agents), since the beginning of June this year, part of the landlords who rent properties have contacted their tenants for the renewal...