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.
Evidence shows that even though the Greek economy shrunk by 8.3% in 2020, the Greek real estate market showed significant resilience in terms of both real estate values and building activity.