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Real Estate Property in Greece for 300 Euros per Square Meter

real estateFactors resulting from the overall financial crisis, such as single property tax and the failure of owners to rent out their properties, have thrown real estate pricesĀ at historically low levels, resulting in a market that now presents great opportunities for buyers.
Figures show that real estate prices have fallen up to 50% in some areas of the country compared to previous years.
Some properties for example are currently sold at 270 euros per square meter in areas of Thessaloniki, or 300 euros per square meter in Kalamata and 580 euros per square meter in Athens.
In regards to new buildings, it appears that prices have not fallen as much, but that doesnā€™t mean that they are as high as they used to be. In Athens, in particular, it is possible to buy a brand new apartment at the price of 1,000 euros/sq.m.
The following is an example of some real estate property prices in Athens:
Ampelokipoi 650 euros
Goudi 750 euros
Exarcheia 570 euros
Kolonaki 2,500 euros
Koukaki 800 euros
Pangrati 700 euros
Petralona 700 euros
Agia Paraskevi 900 euros
Chalandri 1,000 euros

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