Analysis

The Construction Production Index in Greece was increased by 23% in 2022 compared to an increase of 6% in 2021.
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Nominal prices of apartments in the first quarter of 2023 were increased compared to the corresponding quarter of 2022 by 14.5%.

The building permits for the Private Building Activity issued in Greece in March 2023 amounted to 2,671.

"Plunge" in sales in areas where mainly Greeks buy. Areas of tourist and investment interest are moving positively.

The investments refers to both the construction of new hotels and the renovation/repair/maintenance of existing hotel rooms.