Property Rights Index in Greece compared to Europe
|Bosnia & H.||41|
Greece: Property rights index
A subcomponent of the Index of Economic Freedom, the property rights index measures the degree to which a countrys laws protect private property rights, and the degree to which its government enforces those laws.
Higher scores are more desirable, i.e. property rights are better protected. Scores are from 0 to 100.
The index also assesses the likelihood that private property will be expropriated and analyzes the independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts.
The Global Property Guide considers protection of property rights as a significant factor affecting the desirability of a residential real estate investment.
Greece has an index of prices of new and existing dwellings both in Athens and in urban areas outside Athens, generated by the Bank of Greece. There seems to be no private house price data provider. The National Statistical Service of Greece also has economic data.