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Greek Real Estate Market is Changing

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All due to major infrastructure projects.

Major infrastructure projects implemented in Athens and other parts of Greece are changing the national real estate market, increasing buyer confidence and prices in this sector, according to the country's Central Bank.

In its recent monetary policy report, the Central Bank has said that 2021 will mark a gradual return of the real estate market to normal life, as infrastructure and development projects will open up new opportunities in housing construction.

Despite the pressure on the housing market in 2020 and at the beginning of 2021, limited inflow of real estate investments from abroad, a reduction in the number of transactions, as well as negative business expectations in the construction sector, the market turned out to be stable, the regulator said.

Investors "ignore the positive expectations of the economic recovery and international demand in the Greek real estate market," the experts of the Central Bank add.

Residential real estate available for purchase in Greece
Villa for 1 000 000 euro in Lagonisi, Greece
1 000 000 €
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445 sq.m 6 4 5
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For sale 2-storey villa with an area of 445 sq.m in Attica. The ground floor consists of 3 bedrooms, a living room with a kitchen, 2 bathrooms, one shower room, one bathroom, 2 storerooms. The second floor consists of one bedroom, a living room with a kitchen, one bathroom, one shower room, one bathroom. The windows offer a magnificent view of...
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270 000 €
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For sale a 2-storey cottage with an area of 190 sq.m on the Kassandra peninsula, Halkidiki region. The first floor consists of a living room with a kitchen, one bathroom, one pantry. The second floor consists of 3 bedrooms, one bathroom, one shower room. The windows overlook the sea, the mountains, the forest. The facility has solar panels for...
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Flat for 200 000 euro in Corfu, Greece
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Apartment for sale with an area of 80 sq.m on the island of Corfu. The apartment is located on the second floor and consists of 2 bedrooms, a living room with a kitchen, one kitchen, one shower room. The apartment has a corner location. The facility has heating. The property is sold furnished. At the moment, the object is rented at a price of...
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Flat for 190 000 euro in Sithonia, Greece
190 000 €
Flat in Sithonia, Greece
98 sq.m 3 2 1
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For sale a furnished apartment of 98 m² located on the first floor. It consists of 2 spacious bedrooms, living room with open plan kitchen, 1 bathroom, 1 WC and verandas overlooking the sea and the surroundings. Also, there is: external wall insulation, diesel heating, energy fireplace, A/C unit, solar water heater, electric appliances,...
El Greko
Flat for 320 000 euro in Athens, Greece
320 000 €
Flat in Athens, Greece
105 sq.m 3 2 1
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For sale apartment of 105rs in Athens. The apartment is situated on the 4th floor. consists of 2 bedrooms, living room, one kitchen, one bathroom. Flat has front layout. A magnificent view of the city, the mountain opens up from the windows. There are solar panels for water heating, air conditioning and heating. The owners will be leaving the...
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Flat for 700 000 euro in Thessaloniki, Greece
700 000 €
Flat in Thessaloniki, Greece
1
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For sale apartment of 0rs in Thessaloniki. The apartment is situated on the floor. Flat has interior layout. The owners will be leaving the furniture with the sale.
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Flat for 980 000 euro in Athens, Greece
980 000 €
Flat in Athens, Greece
143 sq.m 4 3 2
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For sale duplex of 143rs in Athens. The duplex is situated on the fifth floor and the sixth floor. The fifth floor consists of one bedroom, living room with kitchen, one WC. The sixth floor consists of 2 bedrooms, 2 bathrooms. The owners will be leaving the furniture with the sale.
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Maisonette for 300 000 euro in Kassandra, Greece
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Maisonette in Kassandra, Greece
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Townhouse for sale with an area of 110 sq.m on the Kassandra peninsula, Halkidiki region. The townhouse is located on 2 levels. The first floor consists of one bedroom, a living room with a kitchen, one shower room. The second floor consists of 2 bedrooms, one bathroom. The windows overlook the sea. The facility has a barbecue area. The owners...
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House for 170 000 euro in Sani, Greece
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Flat for 80 000 euro in Thessaloniki, Greece
80 000 €
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Apartment for sale with an area of 43 sq. m in Thessaloniki. The apartment is located on the sixth floor and consists of a living room with a kitchen, one shower room. The facility has air conditioning. There is an elevator in the building. District: Vardaris
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House for 430 000 euro in Thessaloniki, Greece
430 000 €
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280 sq.m 5 2
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For sale 2-storey house of 280rs in the suburbs of Thessaloniki. The ground floor consists of 2 bedrooms, living room with kitchen, one kitchen, one shower WC, one storeroom. The first floor consists of 3 bedrooms, one kitchen, one bathroom, one gym. There is a fireplace and heating. The owners will be leaving the furniture with the sale. Extras...
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House for 320 000 euro in Thessaloniki, Greece
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For sale 2-storey house of 220rs in the suburbs of Thessaloniki. The semi-basement consists of 2 bedrooms, living room, one kitchen, one bathroom. The ground floor consists of one bedroom, living room, one kitchen, one bathroom. There is a fireplace and air conditioning. The owners will be leaving the furniture with the sale. Extras included...
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Maisonette for 200 000 euro in Lagonisi, Greece
200 000 €
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Townhouse for sale with an area of 189 sq.m in Attica. The townhouse is located on 3 levels. The ground floor consists of one storage room. The first floor consists of a living room with a kitchen, one bathroom. The second floor consists of 2 bedrooms, one bathroom. The windows offer a magnificent view of the mountains. The facility has heating....
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Flat for 740 000 euro in Glyfada, Greece
740 000 €
Flat in Glyfada, Greece
156 sq.m 4 2
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Glyfada, Golf, Floor Apartment For Sale, 156 sq.m., In Plot 1000 sq.m., Property Status: Very Good, Floor: 3rd, 1 Level(s), 4 Bedrooms 1 Kitchen(s), 2 Bathroom(s), 1 WC, Heating: Autonomous - Petrol, View: Sea view, Building Year: 1980, Energy Certificate: D, 1 parking(s), Type of door frames: Aluminum, Features: Security door, Security alarm,...
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Maisonette for 270 000 euro in Thessaloniki, Greece
270 000 €
Maisonette in Thessaloniki, Greece
100 sq.m 2 1 2
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A duplex with an area of 100 sq.m is for sale in the suburbs of Thessaloniki under construction. The duplex is located on 2 levels. The second floor consists of a living room with a kitchen, one shower room. The third floor consists of one bedroom, one shower room. The facility has heating. There is an elevator in the building. The property...
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Apartment for 670 000 euro in Glyfada, Greece
670 000 €
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88 sq.m 2 2
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A modern complex of minimal aesthetics in GlyfadaAbout the Project Energy efficiency Class A+ Underfloor heating Swimming pool Advanced lighting technology for indoor and outdoor lighting 10 cm thermal facade Fully installed security alarm system Location Pharmacy (170 m) Kindergarten (400 m) Supermarket (250 m) Pharmacy (210m) Bank...
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Maisonette for 95 000 euro in Thessaloniki, Greece
95 000 €
Maisonette in Thessaloniki, Greece
177 sq.m 6 4 2
Townhouse for sale with an area of 177 sq.m. in the suburbs of Thessaloniki. The townhouse is located on 3 levels. The ground floor consists of one bedroom, a living room with a kitchen, and one shower room. The ground floor consists of a living room with a kitchen, one bathroom. The second floor consists of 3 bedrooms, one bathroom. The windows...
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Flat for 300 000 euro in Athens, Greece
300 000 €
Flat in Athens, Greece
90 sq.m 3 2 1
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For sale apartment of 90rs in Athens. The apartment is situated on the 2nd floor. It consists of 2 bedrooms, living room with kitchen, one bathroom, one WC. Flat has front layout. A magnificent view of the mountain opens up from the windows. There are solar panels for water heating, air conditioning, awnings and heating. Building has an...
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What kind of projects they are talking about?

Key projects that have recently been moving forward and that have significantly affected the living conditions in the relevant areas include the construction of the fourth line of the Athens metro, which will add 15 more stations to the underground train network. This project has become even more relevant as the Greek capital continues to struggle with high levels of air pollution. The latter even prompted the European Commission to sue Greece because of excessively high levels of nitrogen dioxide.

The €8 billion investment in the former Hellinikon International Airport is also considered a significant boost for the Athens Riviera, an area south of Athens popular with foreign home buyers.

Significant projects also include the construction of a new international airport in Crete (Castelli) and a €2 billion motorway project stretching along the northern coast of Crete.

Source: Greek Guru

 

Quoting conditions of Prian.info materials

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