How Greek Luxury Properties Market will move in 2022

If something can be taken for granted for most markets of the world is that the '20s, due to the unprecedented social and economic upheaval, will be an unstable and unpredictable decade in most of the fields.

The phenomenal upward and downward instabilities of the global capital and commercial markets left no-one unaffected. Heavy and abrupt changes are undergoing not only in the markets but also inside us, in the way we interact both as persons, consumers and, most of all, investors.

Economic crises always create opportunities. This is a general rule. And regarding the Luxury Estate field, we here in Property-Io Luxury Estate Brokerage, we can pretty much confirm that as true. 

Indeed, during 2021 we saw many deals to be forwarded either by the owners or by the the buyers themselves. In 2021 the 2020 general covid-numbness turned into a quiet rush of harvesting the opportunity-crop the global corona-economic crisis brought to the surface.

From the beginning of 2021 and on there was a steady kind of comeback to normality, in the sense that there was an unspoken urge to catch up at any investing opportunities.

The actual differentiation from the previous years within 2021 was the quicker conversion of interest/deal rate, a clear sign of what Covid Pandemic has done. Buyers appeared more confident on their choices, obviously because of their underlying pursue of an investment opportunity.

Equally, luxury property owners calculating the uncertainty Covid-19 provoked globally, were more active and open to the potential buyers requests or demands, compared to the previous non-pandemic years.

So, looking ahead to the 2022, we here in Property-Io as Luxury Estate Experts, we wait for this shift to continue since the global economic uncertainty holds still steady.

According to our professional experience and expertise, in 2022 more luxury estate opportunities will continue to arise, as the economic crisis is still hanging on. Due to economic uncertainty and financial fears more luxury more owners will decide to sell their luxury properties in a need to achieve those high premiums that might be difficult afterwards.

Evenly, the portion of those buyers seeking for investment opportunities in the luxury landscape will continue to be affected positively. More luxury requests and leads are  anticipated in the market within 2022 under the characteristic of urgency.

A possible 4th wave of the Covid-19 pandemic within 2022 might sure complicate or halt the market in many aspects, but it also creates a new to everyone field of market, where everything we knew operates in a different speed and way.

Last but not least, the role of Luxury Realtors in 2022, as in 2021, will be very critical in these high demanding times of constant change and market uncertainty that we undergo.