The popularity of co-living is increasing in Greece, with 57% considering it, drawn by cost-effective shared amenities (26.7%) and reduced isolation (22.7%).
A new regulation, set to be tabled in parliament in the coming period, foresees an increase in the minimum golden visa outlay for certain areas at 800,000 euros
In response to a tabled question in Parliament on a housing shortage in some areas, primarily greater Athens, the PM also cited prospect of banning 'Golden Visa' properties from AirBnB-type exploitation
Berenberg, the oldest German bank, identifies Greece and Portugal as key players in the eurozone's narrative this year, alongside Spain to a lesser extent
The residences in the complex, to be completed by 2026, will bear the Waldorf Astoria by Hilton brand
The head of Greece’s national organization of immovable private property owners warned millions of owners are at risk of facing depreciation of their assets in the coming years due to the inability to finance the mandatory energy upgrades of their buildings.
In the majority of cases, foreign investors buy property in Greece not only to obtain the Golden Visa but also because it is profitable, often leasing it for short periods.
One billion euros flow into real estate market last year from scheme, with pending applications in 2024 expected to near two-billion-euro mark
An increasingly acute housing shortage in the Greater Athens area is forcing the Greek government to think “out of the box”. One initiative under serious consideration would provide generous subsidies to owners willing to renovate apartments that are currently shut up and offer them for rent. The Greater Athens-Piraeus area is home to roughly half […]
In the report, the IMF is also raising some concerns about the Greek banking system, urging Greek authorities to take measures
According to a recent survey, Israelis are the top buyers, followed by Chinese nationals and Germans
The real estate boom of recent years has turned out to be manna from heaven for fraudsters, who have exploited growing demand to literally rent or sell air. According to industry professionals, the culprits are common scammers operating primarily online through social media and classified ads. In a case that recently came to light, a […]
The average sought-after rental price for properties in Greece recorded an 8.8% uptick in the 4th quarter of 2023
As the analysis notes, in 2022, a 68% surge was reported, with property investments reaching 2 billion euros, with the 9-month-term 2023 data marking a 29% uptick compared to the corresponding period of the previous year.
The new platform, called the "Property Ownership and Management Registry" (MIDA), aims to list all the details about the immovable property held by over 7 million taxpayers.
Residential prices in Athens were up an annual rate of 12% in 2023, according to Knight Frank
Southern and Southeastern European countries dominate the top positions in the ranking, with Croatia in second place (+13.7%), Greece in third, and North Macedonia (+11.0%) in fifth. The only outlier in this ranking is Colombia, standing fourth in the global index
Eurobank last week announced that its top management have already been relocated to the Bodosakis Building, renamed the “Eurobank Headquarters”, a noted structure in the heart of Athens.
One firm estimates that the Greek market is seventh, worldwide, in terms of popularity for purchasing luxury residences, having recently surpassed Portugal and Spain, which are in ninth and 14th place, respectively
Compliance with the specified conditions will be demonstrated by any appropriate means, and all relevant documentary evidence will be compulsorily entered into the 'e-Permits' information system upon application for pre-approval or certification of building conditions by the application administrator.