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How Is The Selling Price Determined
In some areas the asked for selling price of property for sale in Greece can be much higher or conversely much lower than the "official" objective value or even what your euro would buy in another country. In Greece real estate is still very much driven by market demand which often has no relation to offical Greek tax values or bank surveyed estimates of value.
At the end of the day, the selling price is determined by how much the seller thinks their property is worth. They will take into consideration the asking price of what other property in their location is being advertised for, how much one of their friends who sold their property recently said they got, whether it has a view, is close to the sea, has a history or frankly how much they owe plus how much extra they will need to make in order to buy somewhere else for themselves or their children to live in.