Published at: 2017-05-12 10:54 | Author: Nikos Roussanoglou
The worst is over for Greece‘s residential market, but the fragile market is still sensitive to the economic headlines
Greek residential prices appear to be bottoming out, having suffered a nearly 39 percent drop since 2008. New figures released for the fourth quarter of 2016 suggest that the situation in Athens (where the majority of sales volume is concentrated) was even worse, with prices plummeting an astonishing 42.7 percent. Even Greece’s second largest city, Thessaloniki, was hammered with a 41 percent drop.

However, in its latest annual report, the Greek real estate company Eurobank Property Services,...

Similar Stories:

PEPCO OPENED A NEW STORE IN MILCOV SHOPPING CENTER FOCSANI
Activ Property Services brokered the lease of a 400 sq m space for the Polish retailer PEP  »
Belgrade’s residential market sees growth in 2018
Belgrade’s residential market is booming, with 15,672 apartments sold in 2018 and 4,478  »
Komandor building resi complex along Kotor Bay in Montenegro
Komandor is planning to develop a new residential complex in Kavac along Montenegro’s Ko  »
Instone sells rental portion of Bonn resi scheme
Instone Real Estate has sold the development’s rental flat contingent of 34 units overal  »
Czech Republic  ♦  Round Hill plots European growth
The buildings are located in Helsinki and in regional towns near the south of the country.   »
The 340 apartments, built in a total of nine buildings, have long since sold out as Slovak   »
Emotions are running high on the Romanian residential market where demand is outstripping   »
It’s part of the bargain struck with the city that helped it win the needed support for   »