Nikos Roussanoglou

Up to 40.2% of the total stock of available housing for rent is now occupied by furnished apartments, a sign of their vertical expansion in recent years. In the center of Athens, unfurnished properties only constitute 59.8% of the total, with the remaining percentage exclusively concerning furnished houses.

Total funds of €1.02 billion flowed into the Greek real estate market from abroad in the first half of the year.

Thousands of assets stay unclaimed, unused and unregistered, including a pier in the US

Athens is the third priciest city in Europe for house buying in proportion to wages

Between the first and the third version of the ‘My Home' programs the value of eligible homes rose 50%, from €200,000 to €300,000, as the programs inflated prices, property market officials note.

The majority of buyers are looking for homes worth €200,000-250,000, when most of those available to sellers are priced from €300,000 and above.

The threshold for renting a new-build apartment in the southern suburbs of Athens is high, as it is estimated that one in four available properties require at least €2,500 per month, while just 19% cost less than €1,000. According to data collected by ReDataset of the RCG group, the average monthly rent is €1,500, while 55% of the houses are in the category between €1,000 and €2,500.

Hotel properties and the overall hospitality sector in Greece are developing into one of the most popular options for institutional investors, domestic and foreign.

The supply shortage is becoming a structural problem in the housing market. Thee Bank of Greece pointed out in its financial stability report on

The low participation of closed properties in the state program has been disappointing