2024-02-18 11:42:31
The Golden Visa, but also a huge lack of supply of suitable and newly built housing due to the high cost of building materials is pushing up prices.
VASO VELIKOVA
High prices are recorded once again, in the real estate market in the Dodecanese, during the 4th quarter of 2023 compared to the corresponding period of 2022.
The Greek islands are one of the most attractive investment destinations, whether for Greek or foreign investors. A large number of prospective buyers from Northern and Western Europe are interested in properties on the Greek islands, either for permanent or holiday residence, as well as properties that can be exploited commercially.
In fact, in combination, and with the convenience that the Golden Visa now offers them, the domestic real estate market has become rapturous.
At the same time, there is a large lack of supply of suitable and newly built housing due to the high cost of building materials. In addition, it is important to consider the effects of inflationary trends and the energy crisis on the real estate market.
Property price trends
In the 4th quarter of 2023, the average sale price of a residence in the Dodecanese shows an increase of 13.9%, with the average purchase price at 1,803 euros per square meter, from 1,583 euros that cost in the corresponding period of 2022.
Examples of properties on the market
Rhodes
Apartment, 50 sq.m., ground floor, one bedroom, for sale at 2,500 euros per sq.m.
Detached house, 198 sq.m., ground floor, four bedrooms, for sale at 1,994.95 euros per sq.m.
Maisonette, 100 sq.m., ground floor, two bedrooms, for sale at 3,000 euros per sq.m.
Maisonette, 433 sq.m., ground floor, six bedrooms, for sale at 1,847.58 euros per sq.m.
Symi
Detached house, 75 sq.m., ground floor, one bedroom, for sale at 2,000 euros per sq.m.
Detached house, 234 sq.m., ground floor, six bedrooms, for sale at 3,205.13 euros per sq.m.
Apartment, 118 sq.m., 1st floor, three bedrooms, for sale at 5,338.98 euros per sq.m.
Detached house, 160 sq.m., ground floor, two bedrooms, for sale at 1,750 euros per sq.m.
Leros
Maisonette, 237 sq.m., ground floor, five bedrooms, for sale at 1,223.63 euros per sq.m.
Maisonette, 130 sq.m., ground floor, four bedrooms, for sale at 6,153.85 euros per sq.m.
Maisonette, 189 sq.m., ground floor, four bedrooms, for sale at 4,021.16 euros per sq.m.
Detached house, 85 sq.m., ground floor, one bedroom, for sale at 1,211.76 euros per sq.m.
Patmos
Villa, 266 sq.m., ground floor, four bedrooms, for sale at 4,135.34 euros per sq.m.
Detached house, 70 sq.m., ground floor, two bedrooms, for sale at 5,571.43 euros per sq.m.
Detached house, 56 sq.m., ground floor, one bedroom, for sale at 4,464.29 euros per sq.m.
Detached house, 110 sq.m., 1st floor, three bedrooms, for sale at 5,909.09 euros per sq.m.
Source news247.gr