Greek Real Estate · November 19th, 2014· Category:
The Financial Times reports on the 15th November, that according to Elstat, Greece’s independent statistical agency, Greece is on track to surpass this year’s 0.6% growth and could reach 1% next year, largely thanks to the booming tourist market. This would make Greece the star performer of Europe, with higher growth rates than Germany – or anywhere else in Europe. Watch out for upward movement in the property market in 2015 as confidence grows in the revenue-generating potential of real estate on the islands. Cautious optimism that the austerity measures may slowly be giving some positive results seems to be the mood.