The dilemma “newly built or old house?” concerns almost every prospective property buyer. Everyone is looking for a clear answer, but reality is more complex. In recent years, the market has shown a clear shift toward older and second-hand properties. Many buyers choose to purchase an old house and renovate it in order to adapt it to modern living needs and to their personal taste. However: Are...
The new construction era in Alexandroupoli essentially begins after the Covid-19 pandemic. In recent years, a sharp increase in the prices of newly built properties has been observed, naturally raising the question: why did this happen? Alexandroupoli is one of the few cities in Greece with a growing population. For this reason, analysis of the real estate market cannot be made in comparison with stagnant...
Selling a pre-owned property is never a simple process. Location and age alone are not enough; there are many other factors that decisively affect a property’s value. These factors are often described as “details,” but in practice they prove to be critical, as they directly influence the decision to buy or rent. From our day-to-day experience in the real estate market, we observe that two seemingly...
Poor management in an apartment building can reduce the market value of a flat by up to 20%. Prospective buyers withdraw or lower their offer when they realize that a building is in poor operational condition. What are these factors? Common areas directly affect the market value of each apartment: garbage in the courtyard, unpruned trees, broken tiles, deteriorated balconies, dirty walls with faded...
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