In 2025, Greece will reach a significant milestone in its education sector with the launch of its first private universities. Prestigious international institutions, including the University of Cyprus, Harvard, Columbia, and MIT, are reportedly actively scouting locations in Athens to set up their campuses.
Kosmas Theodorides, president of the European Real Estate Brokers Association, reports that foreign universities are actively seeking large, landmark buildings in Athens. According to Theodorides, the main thoroughfares that have piqued the interest of these institutions are Mesogeion, Kifisias, and Syngrou avenues.
University institutions are primarily focused on two key factors: the size of potential buildings, favoring properties with ample square footage, and the location’s accessibility.
Top priority is given to easy access, prompting representatives from private universities to seek properties near Metro stations and major transportation hubs, with proximity to Eleftherios Venizelos International Airport also featuring prominently in their criteria.
The advent of private universities is set to reshape the landscape of student housing in Greece. Market experts suggest a burgeoning new sector in real estate, long overlooked but now attracting interest from both large and small developers. Projects for student accommodations are already underway in Athens and other key cities nationwide.
Source: tovima.com
Latest News
DM Dendias: We talk With Turkey But We Always Bring Up Their Unacceptable Positions
Second and last day of closely watched conference, entitled 'Metapolitefsi 1974-2024: 50 Years of Greek Foreign Policy', also included appearances by PM Mitsotakis, Ex-PM Tsipras and PASOK leader Nikos Androulakis, among others
Rhodes Airport Tops Fraport Greece’s Regional Airports in 2024 Performance
According to Fraport's data, more than 35 million passengers (specifically 35.2 million) were handled by Fraport-managed airports during the 11 months.
European Central Bank Cuts Interest Rates by 25 Basis Points
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.
Airbnb: New Measures Add €600 in Extra Costs for Property Owners
Property managers face an immediate administrative fine of 5,000 euros if access to the inspected property is denied or any of the specified requirements are not met.
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.