From 2017 to 2022, the prices on apartments in new buildings in Greece increased by 75.5%.
The acquisition of a new house is turning into an impossible dream for the vast majority of Greeks. The main reason is the jump in selling prices associated with rising construction costs, as well as higher land rates and higher energy efficiency standards, which all new properties must now meet.
According to an up-to-date analysis by the company of certified appraisers Geoaxis Property & Valuation Services, during the recovery of the housing market from the lowest point from 2017 to 2022, prices for apartments in new buildings increased by 75.5%, as in the case of the Athens suburb of Marousi.
The average offer price for a new building in the northern suburbs of the capital, which are also the most in-demand, ranges around €3,500-4,500 per square meter in objects under construction, while transactions are made just below this level. However, five years ago the average asking rate did not exceed €2,000-2,500 per sq.m.
Of course, in 2018 there were fewer new buildings than today, due to the financial crisis, and consumer interest was not as high as it is now, including from foreign buyers.
Propreties for sale in Greece:
399 500 €
House in Pieria, Greece
280 sq.m652
Residence
For sale a 3-storey cottage with an area of 280 sq.m on the Olympic Riviera. The ground floor consists of one storage room. The first floor consists of one bedroom, a living room with a kitchen, one shower room. The second floor consists of 4 bedrooms, one bathroom. The windows offer a magnificent view of the sea, the mountains. The property has...
GREKODOM DEVELOPMENT A.E
160 000 €
Townhouse on Mount Athos, Greece
72 sq.m322
Remote Transaction
For sale a 2-storey maisonette of 72 m² on a plot of 350 m².
It consists of 2 bedrooms, living room with open plan kitchen, 2 bathrooms and verandas with sea view.
Also, there is: partial furnishing, A/C unit, electric appliances, summer kiosk with BBQ area, safety door, 1 parking place.
The maisonette is rented till 05/2024;...
El Greko
1 750 000 €
Flat in Athens, Greece
190 sq.m542
Residence
Apartment for sale with an area of 190 sq.m in Athens. The apartment is located on the seventh floor and consists of 4 bedrooms, a living room, one kitchen, 2 bathrooms. The windows offer views of the mountains, the city. The facility has air conditioning, awnings, heating. The property is sold furnished. There is an elevator in the building....
GREKODOM DEVELOPMENT A.E
200 000 €
Maisonette in Sithonia, Greece
120 sq.m432
Townhouse for sale with an area of 120 sq.m on the Sithonia peninsula, Halkidiki region. The townhouse is located on 3 levels. The first floor consists of one bedroom, one kitchen, one shower room. The second floor consists of a living room with a kitchen. The third floor consists of 2 bedrooms, one shower room. The windows overlook the sea, the...
GREKODOM DEVELOPMENT A.E
Price on request
Villa on Corfu, Greece
334 sq.m32
Residence
For sale this amazing 2 level villa which is located just (approx) 200 meters from the beach of Dassia.
The main entrance of the villa get you on a large, open plan area of the living/ dining room which is connecting with the garden and the swimming pool. There is also a spacious, fully equipped fitted kitchen with plenty of space.
At the...
ROULA ROUVA REAL ESTATE AGENCY
420 000 €
Villa in Loutraki, Greece
170 sq.m653
Online ViewingRemote Transaction
- Detached house of 170 sqm with a panoramic mountain view
- On a plot of 2 acres with a landscaped garden with a green lawn
- Barbecue
- Parking space
- It consists of a comfortable ground floor living room with a fireplace, kitchen, bathroom and a large terrace
- On the first floor there are 3 bedrooms and a bathroom, 2 balconies
-...
REAL ESTATE SIDERIS
1 900 000 €
House in Athens, Greece
600 sq.m633
Residence
For sale 2-storey villa of 600rs in Attica. The ground floor consists of one bedroom, living room with kitchen, living room, one kitchen, one bathroom. The first floor consists of 2 bedrooms, living room, 2 bathrooms. There is heating and a barbeque area. The owners will be leaving the furniture with the sale. Building has a lift. There is an...
Mercury Group
1 400 000 €
House in Athens, Greece
200 sq.m32
Residence
For sale 2-storey house of 200rs in Athens. The semi-basement consists of one bedroom, living room, one kitchen, one bathroom, one storeroom. The ground floor consists of 2 bedrooms, living room, one kitchen, one bathroom, one WC. A view of the city opens up from the windows. There is heating. The owners will be leaving the furniture with the...
Mercury Group
500 000 €
House in Athens, Greece
320 sq.m744
Residence
For sale 4-storey villa of 320rs in Attica. The ground floor consists of living room, one kitchen, one bathroom. The first floor consists of 2 living rooms, one bathroom. The second floor consists of 3 bedrooms, one bathroom. The third floor consists of one bedroom, one bathroom. A magnificent view of the city, the sea, the mountain opens up...
Mercury Group
650 000 €
House in Thessaloniki, Greece
380 sq.m54
Residence
For sale 3-storey house of 380rs in the suburbs of Thessaloniki. The semi-basement consists of one bedroom, living room with kitchen, one shower WC, one storeroom. The ground floor consists of one bedroom, living room, one kitchen, one shower WC, one storeroom. The first floor consists of 3 bedrooms, one bathroom, one shower WC. There are solar...
Mercury Group
250 000 €
Flat in Thessaloniki, Greece
56 sq.m3
An apartment of 56 sq.m is for sale in Thessaloniki. The apartment is located on the floor
GREKODOM DEVELOPMENT A.E
250 000 €
Maisonette in Athens, Greece
100 sq.m321
Apartment for sale with an area of 100 sq.m in Athens. The apartment is located on the third floor and consists of 2 bedrooms, a living room with a kitchen, one bathroom. The windows offer views of the city. The facility has air conditioning, heating. The property is sold furnished. There is an elevator in the building. The apartment is located...
GREKODOM DEVELOPMENT A.E
155 000 €
Flat in Thessaloniki, Greece
54 sq.m321
Apartment for sale with an area of 54 sq.m in Thessaloniki. The apartment is located on the fifth floor and consists of 2 bedrooms, a living room with a kitchen, one shower room. The apartment has a corner location. The facility has air conditioning, awnings, heating. There is an elevator in the building. District: Analipsi
GREKODOM DEVELOPMENT A.E
500 000 €
House in Pieria, Greece
354 sq.m642
Residence
For sale a 3-storey cottage with an area of 354 sq.m on the Olympic Riviera. The ground floor consists of 2 storerooms, one gym. The second floor consists of 3 bedrooms, a living room with a kitchen, one bathroom, one bathroom. The ground floor consists of one bedroom, a living room with a kitchen, one shower room, one dressing room. The cottage...
GREKODOM DEVELOPMENT A.E
147 000 €
Flat in Thessaloniki, Greece
54 sq.m211
An apartment of 54 sq.m is for sale in the suburbs of Thessaloniki under construction. The apartment is located on the second floor and consists of one bedroom, a living room with a kitchen, one shower room. The facility has heating. There is an elevator in the building. The property includes a parking space, garage.
GREKODOM DEVELOPMENT A.E
320 000 €
Penthouse in Pireas, Greece
145 sq.m431
ResidenceOnline ViewingRemote Transaction
Stylish apartments with balconies near the port of Piraeus
Cost
Prices
268 000 € - 320 000 €
The distance from the sea is 800 m
Profitability and management
Profitability
3—5%
Property Management
Yes
We will help you sell the object if you decide to withdraw from...
Invest Cafe
99 000 €
Flat in Thessaloniki, Greece
72 sq.m321
An apartment of 72 sq.m is for sale in Thessaloniki. The apartment is located on the ground floor and consists of 2 bedrooms, a living room, one kitchen, one bathroom. There is an elevator in the building.
GREKODOM DEVELOPMENT A.E
540 000 €
Flat on Ionian Islands, Greece
104 sq.m321
Residence
For sale apartment of 104rs on the island of Corfu. The apartment is situated on the 3rd floor. It consists of 2 bedrooms, living room, one kitchen, one bathroom, one WC, one storeroom. Flat has corner layout. A view of the city, the sea opens up from the windows. There is heating. Building has an elevator. The apartment is located in the center...
Mercury Group
6 000 000 €
House in Athens, Greece
600 sq.m32
Residence
Magnificent property for sale in Athens.
This is a seaside villa of about 600 m².
Located on an area of 4.350 sq.m - in the Livanates area, between the Livanates beach and the Atalanti beach.
Located 1-hour drive from Athens.
The villa has:
Ground floor (large living/dining room, kitchen, toilet, 2 bedrooms and large bathroom, guest...
Mercury Group
250 000 €
Flat in Thessaloniki, Greece
93 sq.m321
An apartment of 93 sq.m is for sale in Thessaloniki. The apartment is located on the fifth floor and consists of 2 bedrooms, a living room, one kitchen, one bathroom. The windows offer views of the city. The facility has solar panels for heating water, fireplace, awnings, heating. There is an elevator in the building. The facility has an alarm...