BoG: Apartment values down by 40% in Greece since 2007

14 June 2018
654 Views

Commercial values for apartments in Greece have dropped by an estimated 40 percent since 2007, a couple of years before the punishing economic crisis began.

The massive slide in values has apparently leveled off, as the same figure shows a marginal decrease of 0.2 percent in the first quarter of 2018, compared with the same period in 2017.

The figures were released this week by the Bank of Greece (BoG).

As expected, the first years of the crisis showed a rapid decline in values, with the downward trend leveling off since 2015.

You may be interested

Ankara blocks inspection of Turkish ship by German frigate in Libya (video)
SLIDE
shares30 views
SLIDE
shares30 views

Ankara blocks inspection of Turkish ship by German frigate in Libya (video)

makis - Nov 23, 2020

Ankara has prevented a German frigate, participating in the European Union’s “IRINI” mission, from inspecting a suspected Turkish cargo ship…

Biden Deputy Chief of Staff pushed “mandatory” firearm buybacks
WORLD
shares36 views
WORLD
shares36 views

Biden Deputy Chief of Staff pushed “mandatory” firearm buybacks

Panos - Nov 23, 2020

Jennifer O’Malley Dillon, would-be White House Deputy Chief of Staff for a Biden administration, managed Robert ‘Beto’ O’Rourke’s 2020 campaign and pushed…

The Greek island with the 235 Churches you must visit (drone video)
GREECE
shares47 views
GREECE
shares47 views

The Greek island with the 235 Churches you must visit (drone video)

Panos - Nov 23, 2020

Greece has been blessed to be sprinkled with hundreds of islands around its shores, with each offering visitors something unique.…

Leave a Comment

Your email address will not be published.