Uptrends are recorded on real estate prices for sale in its tourist areas South Peloponnese. The tourism development in Messinia and Laconia it raises the demand due to the popularity of the areas. However, there is a lack of available properties, with the result that the cost of acquiring holiday and non-residential properties in these areas is skyrocketing.
The high demand in real estate market foreign investors, mainly from Northern and Western Europe, are also coming to strengthen.
How much did prices increase in Laconia and Messinia?
As reported by news247.gr, in the fourth quarter of 2023 the average sale price of a residence in Laconia shows an increase in its rank 15.40%with the average purchase price at 1,154 euros per sq.m., from 1,000 euros that it cost in the corresponding period of 2022.
At the same time, in Messinia the average home sale price increased by 12.50%with the average purchase price standing at 1,563 euros per sq.m., from 1,389 euros last year.
Examples of real estate prices
Laconia:
- Apartment, 137 sq.m., 1st floor, four bedrooms, for sale at 802.92 euros per sq.m.
- Maisonette, ground floor, three bedrooms, for sale at 4,118.81 euros per sq.m.
- Maisonette, 82 sq.m., ground floor, two bedrooms, for sale at 4,231.71 euros per sq.m.
- Maisonette, 68 sq.m., 2nd floor, three bedrooms, for sale at 5,882.35 euros per sq.m.
- Maisonette, 292 sq.m., ground floor, four bedrooms, for sale at 2,910.96 euros per sq.m.
Messinia:
- Detached house, 188 sq.m., ground floor, four bedrooms, for sale at 2074.47 euros per sq.m.
- Apartment, 40 sq.m., 1st floor, one bedroom, sold at per 40 sq.m.
- Detached house, 240 sq.m., ground floor, four bedrooms, for sale at 1,875 euros per sq.m.
- Detached house, 320 sq.m., 1st floor, four bedrooms, for sale at 1,406.25 euros per sq.m.
- Detached house, 136 sq.m., ground floor, three bedrooms, for sale at 7,058.82 euros per sq.m.
Tags: property prices Messinia Laconia skyrocketed
