The project that "split" the Athenian Riviera will deliver 250 to 350 apartments and houses as well as amenities such as gyms, swimming pools, playgrounds, underground parking and security.
The seasonally adjusted Overall Industrial Production Index in July 2023 recorded an increase of 2.2% compared with the corresponding index of June 2023.
The Greek residential real estate market had a buoyant start in 2023, with house prices rising by a robust 14.5% y-o-y in Q12023.
Ηomeowners already paying a lower interest rate may be reluctant to move and refinance at a higher rate.
Capital values grew on average by 1.1% across the 30 cities included in the Savills World Cities Prime Residential Index in H1 2023.
Knight Frank reveals the Prime Global Cities Index.
Soaring mortgage interest rates are weighing on the demand
The average rate on the popular 30-year fixed mortgage hit 7.48%.