Athens News Report: Athens Leads Greek Property Market Momentum by GTP editing team 4 November 2021 written by GTP editing team 4 November 2021 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 24 The Greek property market is showing signs of recovery with Athens leading the way, according to the annual Emerging Trends in Real Estate 2022 report released this week. Carried out by the Urban Land Institute (ULI) and PWC, the study titled “Road to Recovery” and conducted on 844 market professionals, estimates that rents and values are expected to rise in the coming year and lists Athens in 23rd spot up from 28th last year among other European capitals with regard to the overall outlook of the real estate market. The Greek capital garnered higher scores in investment prospects (4.29 out of 5) and potential for development prospects (4.24 out of 5) – achieving a performance similar to Rome, Helsinki, Stockholm and Prague and higher compared to Dublin, Warsaw, Barcelona and Brussels. According to the report, investor interest is focused on business properties, offices and shops. Athens, Greece. Photo source: @Athens Traders Association At the same time, Athens is first up from 9th in 2021 on a list of 31 European cities where change is expected in rents and capital values. Athens is followed by Copenhagen, Berlin, Hamburg and Munich. Those surveyed from the Athens market said “the Greek capital offers the strongest growth perspective in all of Europe”, attributing the change to an anticipated strong tourism recovery, political stability, and a more investor-friendly environment. Overall, real estate professionals in Europe are expecting strong profit in 2022 in the aftermath of Covid-19 and a returning confidence in the real estate sector. Indicatively, 38 percent of those surveyed predict higher returns, compared to 25 percent in the 2021 survey and 13 percent a year earlier. Among those surveyed, 82 percent expect inflation to rise next year, against 34 percent last year. A total of 44 percent said they expect an increase in short-term interest rates and 62 percent and increase in long-term interest rates. In general, the real estate professionals polled were optimistic, claiming that the worst was over for the sector and that real estate remains a favored asset. Join the 15,000+ travel executives who read our newsletter Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Minister Kikilias Tells Sky News Greece’s Tourism to Recover Fully in 2022 next post Εκδήλωση για τον Μίκη Θεοδωράκη στο Βραχάτι Κορινθίας You may also like Test post 6 June 2025 Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ