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2021 Interview of 429 Experts around the World on Covid-19
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Alex KontoravdisCountry: Greece
City: Athens - Glyfada (South suburbs)
Position: CEO
Organization: Monopoly real estate
On the whole, what was the percentage change in housing prices in your city during end 2019 to end 2020In your opinion, what will be the percentage change in housing prices in your city during end 2020 to end 2021
When will the property markets recover after Covid-19?
| Sector | Answer |
| Agricultural land |
|
| Urban land |
|
| Office |
|
| Shopping |
|
| Industrial properties |
|
| Hotels |
|
| Resort properties |
|
| Rental housing & rental apartments |
|
| Owner-occupied apartment or condominiums |
|
| Detached houses, rowhouses or low-rise residence |
|
| Residential land subdivision |
|
| Retirement living |
|
| Overall Assessment for your country |
|
What are ‘new normal’ in real estate in your opinion?
Things will not change a lot, maybe those who can, will search for a bigger home with 1 more room to work from. Also people without families who will work from home, they could live also in other countries or areas they prefer most, instead next to work. So maybe some office buildings change to blocks of apartments and new storage spaces will rise.
How should we adjust ourselves in real estate business?
We should try to see the demand as I mentioned before and adjust accordingly. As brokers and developers we should try to make everything digital, documents and house preview, and try to minimize the needed physical presence.
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
