Afew months ago, most of the transactions in the housing market have been traversed by the majority of transactions in the housing market, excluding, of course, any forced sales for the repayment of debts, overdue debts or threatened seizure where the amounts are up to symbolic -10,000 euros.
Besides, as real estate agents report today, with a budget of 100,000 euros, it is easy to find several quality and spacious properties in most of Attica, which in the recent past seemed to be a “dream of a summer night”.
Less than 1,000 euros / sqm. The average value
It is characteristic that, according to a recent pan-European survey of the Europe real estate network, between 18 European countries, Greece has the cheapest housing. Specifically, during 2016, an apartment of 100 sq.m. In an urban area in Greece cost only 92,200 euros or 922 euros / sq. M. On average, while the corresponding cost in the region did not exceed 670 euro / sq. M.
Greece, during 2016, second-hand housing prices fell by 2.3% on average. Nevertheless, 92% of the homes sold by this network of real estate agencies were old. Specifically, 40% of the transactions involved real estate over 30 years of age, while an additional 29% of the properties sold were aged between 6 and 15 years. In Attica, 58% of the homes sold were over 25 years of age, while the new ones accounted for only 4% of the preferences.
Correspondingly, in the whole country, 65% of the transactions concerned real estate up to 90 sq.m., with almost proportional distribution in the individual categorizations (1-50 m2 / 51-70 m2 / 71-90 m²).
For example, A fifth floor apartment of 60 sq. M. In Ano Kipseli sold 150,000 euros in 2008 as a newly built, at the end of 2016 it was re-sold instead of just 60,000 euros, a drop of 60%.
It’s no surprise that Greece is still one of the best overseas property destinations in the world. Greece is a naturally beautiful country, with largely unspoiled beaches; perfect Mediterranean climate, warm and friendly people and offers a relaxed lifestyle.