REAL ESTATE

Ήπια «ζημιά» στην αγορά εργασίας και ύπαρξη ελκυστικών αποτιμήσεων για τους ξένους επενδυτές, αποτελούν τα δύο σημεία - κλειδιά για την ανάκαμψη του ελληνικού real estate.

Η υπερβολική φορολόγηση και η αστάθεια του φορολογικού καθεστώτος εμποδίζει τις ξένες επενδύσεις σε ακίνητα, τόνισαν οι ομιλητές σε εκδήλωση του Ελληνο-Αμερικανικού Επιμελητηρίου.

The latest evidence is a tender by the Democritus University of Thrace, the first phase of which took place on Tuesday, after being extended for a few weeks. A total of six companies/consortia, expressed interest in the development of student dormitories, educational, research and other infrastructures at a total cost of 133 million euros.

According to British real estate site Rightmove, Greece is in the top 5 of countries the British prefer to buy a seaside villa or a countryside house in. The top 5 countries are Spain, France, Portugal, Italy, and Greece.

Μονόδρομος αποδείχτηκε την περίοδο του κορονοϊού το ηλεκτρονικό εμπόριο, προκειμένου οι επιχειρήσεις να διατηρήσουν μέρος του τζίρου τους. Αύξηση ζήτησης για αποθηκευτικούς χώρους.

According to May data, real estate transfers with residence permits reached 7,550, from 7,279 at the end of 2019, showing an increase of 271 residence permits in almost five months, while throughout 2019 3,172 permits were granted. This is a sharp drop in applications for the Golden Visa, showing that the program has come to a standstill.

The company estimates that the properties facing the risk of a drop in revenues are its retail stores and hotels, which account for some 15% of total income. On the positive side, the country appears able to return to more normal conditions by the end of May, which means that the negative impact will not be longer than two months, company officials added.

As economists struggle to estimate the magnitude of the fallout from the coronavirus, two-thirds of real estate investors see it as having a moderate impact on the market, according to a sentiment index put together by Savills. In this survey, held in 24 countries, 29 percent of respondents said they see the crisis as having a severe negative impact on real estate.

According to a report from BNP Paribas Real Estate on the impact the pandemic is having on global real estate, it is estimated that for at least the next six months, ie for the second and third quarters, investment activity will enter hibernation mode.

In the center of Athens, there was an annual drop of 4.7 percent, while in the fourth quarter of 2019, rents gave up 6.2 percent. Now, the average monthly rent is 9.44 euros/sq.m. versus 9.9 euros/sq.m. in the first quarter of last year. Respectively, in the southern suburbs, rents eased 1.1 percent, extending a 0.9 percent drop booked in the previous three-month period.