SE Europe Real Estate News – 09/02/24

SouthEast Europe Real Estate


In December 2023, the production index in the Construction sector decreased by 3.6% compared to the same month in 2022, data of the National Statistical Institute (NSI) indicated.


In Q2 2023, Croatian nationwide house price index increased strongly by 13.73% from a year earlier according to figures from the Croatian Bureau of Statistics (CBS).


Last month, the total number of property sales contract deposited at Land Registry offices across the country reached 1,056, down 3% compared to the 1,091 contracts deposited in January 2023. Nicosia was the only district where the number of sales increased (up 40% on an annual basis), according to official sales statistics published by the Department of Lands and Surveys.


An analysis by the international short-term rental analysis company AirDNA showed that occupancy levels in Athens’s short-term rentals were steady and revenues per available unit witnessed a 15% increase in 2023. Meanwhile, the Greek capital recorded a 20% increase in available accommodations compared to 2022.


There is growing demand for industrial real estate in Serbia as new 250,000 square meter space emerges in 2024, reported.