Private building activity this year is expected to be around 4 million square meters, 50 percent down on 2005 levels when the industry peaked, with an upturn not on the cards for several years, according to industry sources.
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Continue reading Comments (0) 14-07-2008
Authorities have been caught unprepared by the mass flow of people from Athens who have set up home in the coastal areas of Attica and, as a result, the social services available have been severely stretched, according to a report due to be made public today.
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Continue reading Comments (0) 25-06-2008
The long process of entering millions of properties on Greece’s first comprehensive land register started with a mad rush yesterday as some 30,000 people are estimated to have visited 75 offices where the necessary paperwork can be submitted.
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Continue reading Comments (0) 25-06-2008
NIKOS ROUSANOGLOU
An increasing number of Greek property owners now seem to be willing or have been forced to take the tough decision of selling their places. Selling a two- or three-year-old apartment was a rather unusual move some years ago.
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Continue reading Comments (0) 11-06-2008
Construction worries as prices stay put, transactions decline
The global crisis and high number of houses available have had an impact on the Greek market
By Dimitris Kontigiannis
One of the pillars of strong Greek economic growth since the late 1990s, the construction business, is not doing well according to data and various people working in the sector, raising concerns about its impact on other related sectors and the country’s economy in the quarters ahead.
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Continue reading Comments (0) 12-05-2008
