Soaring mortgage interest rates are weighing on the demand

The average rate on the popular 30-year fixed mortgage hit 7.48%.

What does current owner, Mr. Fokas, noted in a farewell letter to the media.

The transaction amounted to €25 thousand.

The scheme, which includes 295 affordable homes, will become part of the mixed-use neighbourhood in Wood Wharf.

The two land plots span 18,419 sq.m. and 11,740 sq.m each.

Nearly 26% of property search queries on online real estate brokerage Redfin.com.

Via Agora will act as both developer and contractor for the scheme.