Kosmas Theodoridis

Vacation homes rented to support the family income

Many households are "recruiting" their rural cottages , in order to supplement the family income and to be able to cope with inflation and the energy crisis.

"Expenses are very high, we do not only have taxes, we have power costs and it is good when we have a fixed asset of some value not only to pay but also to gain something" noted property owner Kosmas Theodoridis.

Demand for Greek property growing again, but trends are changing

The novel coronavirus pandemic has broken the upward trend in Greece's real estate market, but realtors expect a comeback once the virus recedes.

After the initial shock and upheaval caused by the Covid-19 pandemic, demand is growing again and the trends are changing, according to market experts.