Ownership

Homeownership in Greece declined 11.3% in 2005-21

A new economic reality has emerged in the Greek housing market amid the prolonged financial crisis, with a notable portion of the nation's residential inventory now under the ownership of institutional or foreign investors. This trend is underscored by statistical data, revealing an 11.3% decline in homeownership rates from 2005 to 2021.

Bulgaria: 85% of Population Reside in Owned Homes

In the latest Eurostat data disclosed on Thursday, it's been unveiled that a significant 85% of Bulgarians resided in households owning their homes in the year 2022, marking a slight increase from the preceding year's 84.9%. This statistic presents an intriguing aspect of the housing landscape in the country.

Weak sales force homeowners to negotiate prices

Homeowners who want to sell their properties in the market are now more willing to negotiate prices as existing home sales continue to decline.

Home sales plunged for a fifth month in a row in June. In the month, only 84,000 homes changed hands, pointing to a steep 44 percent decline from a year ago with existing home sales plunging more than 45 percent to around 58,000.

Luring homeowners

For Greeks, their home is one of their most valuable material possessions and one of the most important assets they have. After all, Greece has one of the highest homeownership rates in Europe.

Comprehensively Assessing Business Partners through AJPES

The web portal of the Agency of the Republic of Slovenia for Public Legal Records and Related Services (AJPES) provides 24/7 access to daily updated original, official and reliable information about the operation of legal entities available through different registers and records. The online service allows for consistent updates of information about business partners through its database.

E-platform for Athens property registrations to go live

Property owners with homes or plots of land in the Municipality of Athens will be able to check their assets from Monday when the online platform for that area is to go live, as part of an ongoing process to complete the country's land register.

The checks are the second stage of a declaration process that began in 2008.

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