Category: Real Estate

  • Office Rent Prices in Europe: Where Athens Stands

    Athens maintains low activity with availability remaining stable at 10%. According to Colliers International research, rents reach €35/sq.m. with slight upward trends. Despite stability, demand focuses on modern, upgraded spaces in the city center, while secondary areas require more incentives to attract tenants. The highest rental prices are recorded in London – City (€97.4/sq.m.), Milan…

  • Record Highs in Greek Real Estate Prices – Where Are the Increases Coming From?

    The year 2024 marked a milestone for Greece’s real estate market. Property values have fully recovered and reached decade-high levels. In fact, in the most commercial areas of the country, prices have surpassed those of 2008 after a continuous seven-year upward trend. The country’s economic growth, foreign investments, tourism performance, and the expansion of the…

  • Athens Riviera: Where to Find the Cheapest and Most Expensive Homes

    The Athens Riviera is increasingly becoming one of the most attractive destinations for real estate buyers, both locally and internationally. Market trends, according to Korina Saiya, managing consultant at Premier Realty, show continuous growth with significant increases in property prices, heightened foreign interest, and improvements in infrastructure that enhance the dynamics of the Athens Riviera.…

  • Where are the Cheapest and Most Expensive Areas for Buying and Renting Homes in Greece?

    The year 2024 marked a period of dynamic changes for the Greek real estate market, influenced by multiple factors across the country. Initiatives like the launch of the ‘My Home 2’ program, modifications to Golden Visa regulations, extensive infrastructure projects, and a strong tourist season significantly boosted demand and prices in both the buying and…

  • Residences: Untapped Inheritances and Institutional Property as a Counterbalance to the Housing Crisis

    Increasing supply as a counterbalance to the housing crisis is an initiative pursued by the Ministry of Finance (MoF) with its new draft law presented on March 12, 2025. This law focuses on unresolved inheritances, gifts to public entities, and institutional property. According to MoF officials, bureaucratic processes, legal deficiencies, and decades-old issues have led…

  • Office Rentals Soaring to New Heights in Athens

    The office market in Athens has witnessed a notable decline in vacancy rates over the past two years due to limited availability of certified ‘green’ buildings and increasing demand for high-quality, sustainable workspaces. According to new research from Savills Hellas, this trend is particularly evident in Category A offices, where absorption has risen across most…

  • Thessaloniki: How Metro Has Boosted Commercial and Residential Property Prices

    Significant increases in property prices, reaching up to 60% in some cases, have been recorded in areas near the metro stations in Thessaloniki. These findings come from a study by Cerved Property Services presented at the recent conference of the Hellenic Association of Valuers (H.A.V.). In the commercial real estate sector, the most notable increase…

  • Rising Flights for the Golden Visa – Where is Investment Interest Headed?

    A surge has been recorded recently in the residency permits issued through the ‘Golden Visa’ program. Despite any modifications, the program continues to attract investment interest. As foreign buyers now turn their attention to areas outside Athens, they aim to acquire properties at more affordable prices. A new analysis by Astons, an international specialist in…