In Greece, a slowdown in the growth of prices for apartments and houses is expected in the coming years, as well as a slight decrease in the volume of transactions, according to experts cited by Ekathimerini.
Our analysis shows that by 2028, the annual growth in house prices will be between 3 and 5% year-on-year, while the volume of transactions will also be adjusted.We will no longer see price increases of 10 and 15%," said Georg Petrash, managing director of the brokerage network Engel & Volkers.According to Petras, prices in Greece are still 40% lower than in other countries, even after the growth that has occurred.It's normal that Athens is one of the cheapest European capitals to buy a home in.It is unlikely that a Greek buyer experiencing difficulties with access to the housing market will believe this, but this is the reality.Therefore, we see that Greece is among the attractive options for many foreigners.This is quite normal.
Foreign buyers are interested in the center of Athens, the islands of the Cycladic archipelago, such as Paros and Naxos, of course, Thessaloniki and neighboring regions with good transport links, such as Halkidiki and even Kavala.Many foreigners choose islands with developed infrastructure and the ability to get there by plane, such as Crete, Rhodes and Corfu.Source: Ekathimerini
