Published at: 2017-01-16 15:02 | Author: Nikos Roussanoglou
Even prime luxury properties fell 30 percent in Greece, but relative stability has seen values make a return across the board
Luxury housing in Greece is finally on the up. With prices having plunged by anywhere from 30 to 50 percent since the start of the financial crisis and a quarter of Greece’s GDP having been trimmed since 2010, it’s only natural that demand, especially from foreigners is rising. The trend has strengthened strongly in 2016, far more than in 2015, when political and economical risks, along with the imposition of capital controls, chased buyers away in droves. According to data from the Bank of Gree...

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