Rental prices have risen rapidly in our country from 2019 until the first two months of 2022, which in many areas reach even 50%. The increases are recorded in the center of Athens, where rental prices have increased by 20% -30% on average over the above period, while in areas outside the center the corresponding…
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Both international and domestic demand for home purchases in the popular tourist areas of Greece is especially strong, with in some cases the number of requests for home purchases more than doubling compared to previous years. In particular, in the first four months of this year, Mykonos stands out in the tourist area with the…
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More than 350,000 property owners will see an increased property tax bill (ENFIA), about 880,000 will pay the same tax, while the majority, i.e. 5 million owners, will see a significant reduction in this tax. As a result, most homeowners are either small or medium, and some have large properties. Conversely, those with very large…
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Inflation is projected to fluctuate at 3.1% this year and 1.1% in 2023 Real GDP in Greece grew by 2.7% (quarter-on-quarter) in 2021-Q3, reflecting strong export performance and a significant contribution from private consumption. The notable recovery in tourist inflows over the summer helped the economy to reclaim a significant part of the previous losses…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.