Levanti, Maria I.; (2001) Trends in the property development market of Athens: the case area of mesogia. Masters thesis (M.Sc), UCL (University College London).

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Abstract

New infrastructure investment in an urban area has an impact on the economic and conclusively on the urban development of the area. The magnitude, type and time of the effect depends not only on the importance of the infrastructure but on the characteristics of the local market, its interrelation with other markets and the characteristics of the development industry. The city of Athens is presently changing due to many major infrastructure projects (Athens International Airport, Attiki Odos Motorway). In the aim of this thesis is to identify the forming trends in the property development industry in Athens and in the area of Mesogia in particular. On the investigation for development demand the urban growth trends in Athens are analysed and spatial and qualitative estimates are made for the future. On the investigation for the supply of the built environment the structure of the development industry is analysed along with the estimated future changes. Key phrases: Property development market, speculative developer, New entrants, property prices, urban growth Wordcount: 10,872

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