The Greek real estate market is successfully recovering. After a long drop in value, growth began. Particularly rapidly, prices began to increase in the second quarter, surpassing the rates of the past 12 years.
Greece has set a course to achieve maximum attractiveness for tourists. Transport infrastructure is improving dramatically. Roads are actively being repaired, new highways are being built, transport lines between the main resort cities are being modernized, and new transport is being purchased.
It is important to point out that the required amount for any form of the valid investments reaches the 400 000 €.
Grekodom will take part in the 41st specialized exhibition-fair Real Estate from Leaders, which will be held from September 26 to 29 in Gostiny Dvor, Moscow. Booth No. F12!
The Central Bank of the Republic of Cyprus expressed concern about the sharp increase in property prices in the country. The financial regulator has talked about introducing control over the cost of housing. Particular attention is required for pricing in certain areas of the Mediterranean island.
Financial institutions in the world are actively introducing online advisors that can determine the individual needs of the client and offer him suitable products and solutions. The popularity of online banking is growing rapidly. Therefore, Greek banks are trying to comply with global trends, gradually introducing virtual innovations.
Investors' confidence in the prospects of the Greek real estate market and price stability have led to increased demand for new real estate. Demand for the residential sector has returned to the pre-crisis level. And according to the Bank of Greece, foreign direct investment in real estate has already amounted to € 0,5 billion.
Compared to other European countries, Greece has the lowest density of shopping centers. In terms of 1000 inhabitants, it is only 57 m2.
