A special situation has developed in Athens: the index of the Bank of Greece shows that since 2008, prices in the city have fallen by 42.7% and are not going to grow. At the same time, if the government continues the policy of cheap mortgage rates, then in the near future it will be profitable to invest in Greece real estate and Athens can become one of the hottest markets in Europe.
To save capital
Those who are afraid to take risks and prefer reliable, long-term investments, should invest in Greece real estate for renting in a stable market. As the study showed, during the crisis, housing prices did not fall or fall slightly in six European cities: Berlin, London, Vienna, Stockholm, Helsinki and Luxembourg. According to the forecast of Trading Economics, housing in these markets will continue to rise in price until at least 2020.