Smart and Prosperous Investments in Realestate

Published: 07/10/09

Published: 13/05/09

Published: 10/04/09

Published: 16/09/08

Regarding Greece, at period 1995-2005

Published: 05/02/08

Regarding Greece, at period 1995-2004 the prices of residences double. In the total of country the prices of residences increased at 134% the last decade, while period 1999-2002 were recorded the higher increases, development that is attributed so much in the Stock Exchange blossoming what in the important reduction of interest-rates, as well as in the entrusting of Olympic Fights in our country. In the region of Athens the prices of residences increased at 164% with bigger intensity period 1999-2004, while in the remaining urban regions was shown increase of prices at 110%. In 2005 the prices in our country had been increased at 10% and despite the deceleration of rythm of rise of prices that was recorded in 2006 concerning 2005, Greece presented one from the bigger rates of increase of prices of sale of residences worldwide. Greece is classified henceforth in the 18th place between 32 countries, with regard to the rythm of increase of prices, when in the dues 2005, the place that occupied the Greek market of residence was 11th. Of course, Greece has been found and still more highly and concretely in the sixth place worldwide, at the duration of third quarter 2005, when had begun the purchasing panic of that year, eno'bej application VAT in the new buildings and the expected readjustment of objective values. The offer that was created afterwards the explosion of building activity from the dues 2005 and afterwards, is absorbed progressively.