Special constructions and investments in residential real estate, megatrends in Greece

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Residential real estate has already entered investment portfolios as residential market trends change due to demographics, technology and climate change. Yields will remain positive in the years to come, but they will not include all areas and all homes. These are the two main conclusions of the panel on mega trends in residential real estate in Greece at the 22nd Prodexpo which took place at the Athens concert hall.

Mr. Giannis Xylas, CEO of GEOAXIS said megatrends can be captured in four areas. The first is linked to society and in particular to demographics, as today’s young people, aged 20 to 30, will not be able to own their own property, as incomes rise less quickly than prices for housing. immovable. The second megatrend is linked to suburban astyphilia and this affects construction (3rd megatrend) but also the notion of investment (4th megatrend).

SOURCE: AMNA

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