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  Greece  |  Residential
Student housing emerges as the most profitable RE sector

In which areas have been observed the largest and smallest recorded gaps between asking and market prices.

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Property owners are shifting away from short term rentals

The plunge was up to 40% in Airbnb listed properties in 2021 according to AirDNA.

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How Greece has shifted from financial to non financial assets

According to Credit Suisse'Global Wealth report Greece has recorded a drop in wealth inequality that mainly reflects the long-drawn-out crisis of the Greek economy.

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Rents for student housing modestly changed versus a year ago

Two main counterbalancing forces are currently affecting property asking prices.

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Commercial property yields trending higher in peripheral zones

In regional markets such as Evosmos, Kalamaria and Pylaia the yields range from 6.5-7%.

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Shift to online purchases is to suppress retailers' profit margins

More competition and a greater use of online channels across the entire market will inevitably see challenges intensify.

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65% of property owners cannot renovate

A pan-European survey on whether property owners want and can renovate their home was conducted by the International Union of Property Owners (UIPI) of which the Hellenic Property Federation (HPF) is a member.

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The participation  criteria for the new "Saving - Being Autonomous"

By the end of the summer, the new, even more targeted program for energy upgrade subsidies "Saving - Being Autonomous" will be announced, according to what the Minister of Environment and Energy, Costas Skrekas, said in an interview with the "NEA Savvatokyriakou" tv show.