Final 12 months ended with a rise in residential sale and rental costs, as within the final quarter common asking sale costs elevated by 7.9% year-on-year and by 2.2% in comparison with the third quarter of 2024.
Correspondingly, the common asking rental charges elevated by 5.8% in comparison with the fourth quarter of 2023, whereas they moved at roughly the identical ranges in comparison with the third quarter of 2024, based on the Spitogatos SPI value index.
The hikes in common asking sale costs of residential properties are attributed to the continued curiosity of consumers and buyers for properties in city facilities and tourism locations, in addition to to the approaching launch of the “My House 2” housing program, which is predicted to spice up demand for properties that meet its necessities.
The southern suburbs of Attica unquestionably maintained their primacy as the costliest space to purchase a house within the final quarter of 2024. In second place are the Cyclades, adopted by the northern suburbs of Athens and the Ionian island of Lefkada. The entry of Hania into the rating of the highest 5 most costly areas in Greece to purchase a house can be attention-grabbing.
When it comes to renting properties, the southern suburbs stand out once more because the area of the nation with the very best common asking costs for renting a house. Within the checklist of the costliest areas we see the Cyclades once more, with the northern suburbs and the middle of Athens following. The highest 5 is accomplished by Piraeus.
Of specific curiosity is the case of Halkidiki, the place common asking rental costs stay persistently excessive as a result of elevated tourism exercise and the excessive availability of short-term rental choices.
The most costly areas of Attica for buying a house within the fourth quarter of 2024 had been primarily situated within the southern suburbs, led by Vouliagmeni with a mean asking value for a house sale of seven,216 euros per sq. meter. It’s adopted by Voula, Glyfada, Kolonaki-Lykavittos and Elliniko.
As for renting a house, Vouliagmeni was as soon as once more on the high of the costliest areas for the fourth quarter of 2024 with a mean asking value for a house of €19.9/sq.m. The areas of Filothei, Kolonaki-Lykavittos, Glyfada and Vari-Varkiza comply with.
