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Nikos Roussanoglou
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Construction in Greece falls by 80 per cent
Since 2008, Greece has seen a huge decline in construction interest.
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House prices continue to slide
Athens has seen a considerably bigger decline than in other main cities
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Foreign buyers prop up holiday home market
Buyers are from Northern Europe, and especially France, the UK, Germany and Scandinavia, but there is also increasing buying interest from Russians and Chinese
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Landlords struggling due to lack of tenants, new levies
Hundreds of thousands of property owners are getting increasingly desperate as numbers of unlet homes are rising.
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Prices for luxury properties falling
The prices of the most expensive properties in the Greek capital, which perhaps could once only be topped by those of Monaco, Moscow and central London, have returned to levels not
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Private islands on sale at bargain prices
Major activity is currently being observed in the sale and development of Greece’s private islands.
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