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Greece is the leader in housing costs.

Greece is the leader in housing costs.

year, while prices of older apartments increased by 14.1%.

  • With regard to geographical distribution, prices in the major urban centers of the country increased significantly, especially in Thessaloniki (16.4%) and other major cities (14.6%), exceeding the corresponding average annual growth rate for the whole country.
  • The Bank of Greece estimates that expectations for the Greek residential real estate market remain positive despite uncertainties in the domestic and global economy.

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    In the short term, investment interest is expected to remain high, mainly from foreign investors, especially in privileged areas of Attica and tourist areas.

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