by Delfi Partners & Company
An innovative data and real estate analytics practice, helping corporates, financial institutions, rating agencies and individuals to make better informed decisions that drive profitability and customer satisfaction through fresh market insights.
Delfi Analytics helps businesses make intelligent decisions based on reliable, up-to-date data and breakthrough analysis providing the data they require to make better informed decisions.
Utilising freshly sourced data which is not available to the rest of the market means clients of Delfi Analytics can always stay ahead of the curve.
Tailor made for financial institutions, investors and corporates, Delfi Analytics enables users to view graphical or visualised data using cross-data tabulations to depict actual transactions and data projections.
Using proprietary algorithms to continuously ingest, analyse and transform ever growing amounts of data from various sources into an optimised solution that enables businesses to dynamically adjust to ever changing environments.
Tailor made for financial institutions, investors and corporates, Delfi Analytics enables users to view graphical or visualised data using cross-data tabulations to depict actual transactions and data projections.
Using proprietary algorithms to continuously ingest, analyse and transform ever growing amounts of data from various sources into an optimised solution that enables businesses to dynamically adjust to ever changing environments.
Stay up to date with everything going on in the Real Estate industry.
After a year's pause due to COVID-19, the real estate market is on a recovery trajectory in Cyprus. Our report aims to provide an overview of the real estate market in Cyprus focusing on the key pillars such as transfers of sales, contracts of sales, number of mortgages & amount of mortgages. The report also captures the impact of the pandemic outbreak on the residential prices across the country & how they vary across the country's districts.
This report aims to explore the COVID-19 impact on tourism & travel industry & its recovery on greek & international level. Evidence shows that even though the COVID-19 shock (61.2% decrease in contribution of travel and tourism to Greek GDP during 2020), the Greek tourism & travel industry shows slow & gradual improvement from mid-May 2021.
Hospitality & tourism sector plays an important role in Cyprus economy, contributing significantly to the national GDP every year. However, over the previous year, it suffered a severe crisis due to COVID-19 and the implications of worldwide travel restrictions. In this survey, we will examine how coronavirus affected popular areas of Cyprus, the most resilient areas that keep growing despite the pandemic break out & the expectations of the industry for the future.
The report delves into key economic conditions, aiming to outline an overview of the Greek economy. It further includes an assessment of the real estate sector’s performance, while providing invaluable insights about the Greek economy, the banking and the tourism industry. The report also provides certain observations portraying 2020 conditions and the effects of the Covid-19 pandemic.
In 2020, a year marked by the onset of the coronavirus pandemic, the building activity in Cyprus slumped after a five-year increase. The major causes for the decline in the construction industry are mainly the coronavirus outbreak & the cancellation of the Cyprus Naturalisation program. Specifically, building permits dropped slightly by 2.7%, from 7,218 in 2019 to 7,023 in 2020.
In 2020, Private Building Activity in Greece seems still unaffected by the pandemic breakout, keeping up its positive trend for fourth consecutive year. However, the actual impact on the construction industry will be clearly measured in a couple of years. More specifically, the building permits went up 8.9% compared with the corresponding period in 2019 recording 18,768 issued building permits.
In a country that is still recovering from years of austerity, the coronavirus pandemic is an additional destabilizing factor. In 2020, the volume of conducted auctions in Greece decreased significantly by 45% compared to previous year’s volumes. More specifically, total conducted auctions reached 9,464 in 2020 vs. 17,165 in 2019 vs. 19,521 in 2018.
Before COVID-19, travel and tourism had become one of the most important sectors in Greece, accounting for 21.5% of the country’s GDP. Unfortunately, the global pandemic has severely affected the transfers either for business or pleasure.
As the effects of COVID-19 are felt throughout the world, real estate markets are being significantly impacted in different ways. The effects are felt in Greece, too. The specific report aims to outline the foreign investment trend in Greece & the attractiveness of the Greek golden visa program. Furthermore, the report presents the trends in the current asking prices of the commercial assets.
In an effort to get a sense of how the real estate market in Greece behaves during the COVID-19 period, Delfi Analytics examines property transfers in the Attica area and how they have been impacted.
