Changes in Property Valuation Framework in Athens Riviera
The Greek Ministry of National Economy and Finance has updated the property valuation parameters affecting the Athens Riviera, introducing new coefficients that increase property values in sought-after areas. This decision impacts tax assessments associated with real estate, as new rates are set for regions like Glyfada and Alimos, with significant hikes reported along the coastal areas. While zone prices remain unchanged in some municipalities, the overall changes indicate a growing demand and investment interest in the area surrounding the former Athens airport.