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Major Discounts for Newly-Built Houses in Athens

by Nikos Roussanoglou

The summer retail sales may officially last until the end of August — with significant discounts for apparel and homeware — but bargains in the housing market will be around for far longer, as the slump persists.

Price drops in real estate are expected to continue being particularly attractive, given that the acquisition of a home today can cost up to 50 percent less than its original price. There are many such examples in almost every part of the capital, while the phenomenon is gradually expanding to other cities as well.

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