Greece

Piraeus Bank, Greece largest lender, announced on Friday that it has completed its eighth round of e-bidding in November, approving the sale of 30 properties, with sales totaling €3.18 million. More than 260 individuals and legal entities expressed an interest...

Hours of thunderstorms and heavy rain have been reported in many parts of western Greece since early Friday, including many of the Ionian islands, causing floods and widespread disruptions to travel and communications. The weather front, according to the Meteo...

According to data released recently by the OECD and Eurostat, Greece ranks third in the European Union in terms of the taxation it imposes on its citizens' properties. The only nations taxing their citizens more than Greece are Great Britain...

The government's new tax legislation, which was brought before Parliament last week, envisages more favorable provisions for taxpayers, both private and corporate, to settle their debts with tax agencies. Under the proposed legislation, which will be debated and voted on...

The new Greek government will introduce new legislation before Parliament by the end of July which would reduce the Single Property Tax (ENFIA) by approximately 30 percent for all property owners within a couple of years, starting in 2020. According...

The prices of properties on several Greek islands have been soaring since the beginning of the year, according to data obtained by Greece's most famous real estate sales website Spitogatos.gr. Some of the most famous islands have seen their prices...

The Chinese demand for Greek property remains close to historic highs, despite the European Commission's recent call for a crackdown on potential abuses of European Golden Visa programs, says Carrie Law, director of leading Chinese real estate company Juwai. Chinese...

Greece expressed its "deep concern" on Tuesday over the recent decision by the Albanian government to "arbitrarily" expropriate property belonging to the Greek minority for the purposes of tourism development. In a strongly-worded statement, the Ministry of Foreign Affairs in...

Greece’s third-largest lender Eurobank announced a deal on Sunday to buy Grivalia Properties in an effort to boost the bank’s capital and speed up the reduction of bad loans. The Athens News Agency says that the 780 million euro ($886...

Greece holds fourth place in the EU regarding the issue of property taxation, according to a study conducted by the Foundation for Economic and Industrial Research, or IOBE. The study also found that in comparison with 2007, Greece’s real estate market...

The Council of State on Wednesday decided that the obligatory property tax on Church of Greece rental properties is correct. With three separate decisions (1731-1733/2018), Greece's highest administrative court rejected the Church of Greece objection to pay approximately €2.9 million in...

According to the property tax notifications that the government started distributing Tuesday night, property owners throughout the country are in for a dramatic increase on their ENFIA bills. The raise in ENFIA comes from an adjustment in property rates, resulting...

An electronic tax platform for registering short-term rentals like AirBnB will be up and running by the end of August, the governor of the Independent Authority for Public Revenue (AADE) Giorgos Pitsilis said on Friday. In comments at an Antenna...

New rates of tax for property owners will go before Greece's parliament on Wednesday. The country's Finance Ministry on Tuesday published details of new zone rates, which analysts say will see nearly a quarter of Greeks pay less Unified Property Tax...

Greeks could be hit with higher property taxes if new rates being considered by the country's Finance Ministry come into play. According to a report in the Kathimerini newspaper on Thursday, Greece's Single Property Tax (ENFIA) could shoot up anywhere...