“There are houses but not many”, says the CEO of the “Spitogatos” application to SKAI – Which areas of Athens are the most expensive
Increases in the already “bitten” real estate is expected to bring the program “My House 2″ which will be launched at the beginning of the new year and which will benefit approximately 20,000 families to acquire their own home at an extremely low interest rate.
As the CEO of the “Spitogatos” application, Dimitris Melachrinos, reports to SKAI and on the show “Mismatched”, Dimitris Melachrinos: “We see the prices increasing at a reduced rate and we also see the demand which is particularly strong both from Greece and from abroad”.
In question about which of the abroad are interested in real estate market in Greece, Mr. Melachrinos said: “it depends on the area. There are countries that also have a Greek nationality and that are traditionally interested in Greece. The first one, for example, is the USA. It was for many years Germany while it is also the United Kingdom. In northern Greece, for example, there is a great demand, beyond Germany and from the neighboring countries, from Bulgaria, Turkey, Serbia…”.
The most expensive areas of Athens
Regarding the range of prices that properties vary, he says: “It depends on the area. For example, in Attica, the northern suburbs of Athens, the south and the southeast, the average search price is 200-250,000 euros. Beyond that, in the rest of the regions it is below 200,000″.
Regarding the “Spiti My 2” program, he explains that “it has specific price limits and the requested amounts are a little lower, since the upper limit is 250,000 euros. So, depending on the region.”
The big housing problem and how it can be solved
“There are houses, but there aren’t many generally there is a matter about the offer. That is, there are far fewer available than there used to be and certainly far fewer to be able to serve the high demand that exists. There are also many that are not available at the moment, such as public properties, properties belonging to funds”.
On how to solve it mortgageMr. Melachrinos answers: “the supply must increase and to do this many of the houses that are “trapped” must be released and put on the market. This is it one way».
For newly built properties, Mr. Melachrinos states that “there is increased construction activity compared to a few years ago, but it is much lower compared to several years before the crisis. However, they are also more expensive and cannot serve the increased demand.”
Source: Skai
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