Prodexpo Congress: Greek real estate market outlook remains positive

Greek real estate private building

The outlook of the Greek real estate market remains positive, despite any new challenges arising, boosted by the performance of the economy which recently regained the investment grade and political stability in the country, ANA reports.

However, there were fundamental issues to be resolved that could create an even more friendly environment for investors in the real estate market, such as regulatory and tax issues.

That was the joint conclusion reached by real estate market executives participating in a round table dialogue during the 24th Prodexpo Congress. In the discussion that preceded the opening of the congress, high-ranking officials of the market analyzed trends prevailing in the market and highlighted both the opportunities and the risks.

The agenda of the round table discussion included conditions prevailing in the market in Greece and Europe, challenges existing such as an imbalance between offer and demand, the categories of property attracting investors, the importance of sustainable buildings and exploitation of public property assets, along with problems created by increased building costs.

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