Greece
Business
Real Estate Economy in Greece Grows in Multiple Sectors
The recently released Cushman Wakefield Proprius Marketplace Real Estate report demonstrated a significant growth in the Real Estate economy of Greece. The economy grew in all three different sectors, namely industrial, retail, and office.
The Growth of the Economy of...
Basketball
Antetokounmpo Makes Major Real Estate Investment in Greece
During his summer vacation with his brothers, NBA champion Giannis Antetokounmpo made his first large investment in his native Greece.
According to the Proto Thema newsweekly, Giannis bought two villas in the new Rolling Greens neighborhood of Costa Navarino, in...
Business
Hellinikon Development Spurs Athens Riviera Real Estate Investment
The redevelopment of Athens' former airport, Hellinikon, has resulted in a great deal of interest in real estate along the Athens Riviera.
Business
Greek Real Estate Market Set to Rebound in Post-pandemic Greece
Ana Vukovic, from Collier’s Greece and Serbia, spoke about the challenges of the post-pandemic world for Greek real estate.
Culture
Mussolini's Old Villa on Rhodes Still on Real Estate Market
The Hellenic Republic Assets Development Fund (HRADF), responsible for raising money from state property sales to reduce debt, placed the abandoned Villa de Vecchi on the Greek island of Rhodes, which had been the holiday home of Italian dictator Benito...
Business
Demand for Greek Real Estate from Chinese Investors Peaks Despite Coronavirus
Chinese investors' demand for Greek real estate continues to be strong and has actually peaked during the coronavirus crisis, as Greece is considered to be safer than other countries in this regard due to its low infection rate.
A study of...
Greece
Real Estate Prices in Greek Cities Soar in 2019
The real estate market in Greece's largest cities recorded an impressive increase in the price of sales and rentals in 2019, according to the accumulative data published by Spitogatos, one of the country's largest real estate websites.
The marked uptick...
Greece
Piraeus Bank Announces New Auction for Greek Real Estate Properties
Greek banks have intensified their efforts to sell properties owned by them through auctions after the summer lull, which was largely caused by the general elections in July.
Piraeus Bank, Greece's largest lender, announced last week that it will hold...
Economy
Foreign Investment in Real Estate Nearly Doubles in Greece in 2019
According to official data published recently by the Bank of Greece, foreign investment in Greek real estate grew by a stunning 94.6 percent during the first half of 2019, compared to the same period last year.
Between January and June...
Economy
Greece to Offer Limited Number of Citizenships to Major Real Estate Investors
The Greek government plans to introduce a limited citizenship-granting scheme to non-EU nationals who wish to invest more than €2 million in the country's real estate market, it was disclosed on Thursday.
According to media reports, Greek authorities are reviewing ways...
Greece
Greek Tourism Real Estate Outlook Positive, Piraeus Real Estate CEO Says
George Kormas, a senior manager in the Piraeus Bank Group and the CEO of Piraeus Real Estate, announced on Friday that Greek tourism, and the hotel sector in particular, have improved significantly in terms of quality and supply. The welcome...
Economy
Athens Real Estate Investment Climate Heats Up
According to a PricewaterhouseCoopers (PwC) report published this week, Athens climbed to 14th place in Europe from the 29th spot it held in 2017 regarding property investment prospects.
The report was conducted by the London-based company for the well-known "Urban...
Business
Chinese Buyers Gobbling Up Greek Real Estate
The Greek real-estate boom that has been recorded in the last couple of years is continuing its trend as Chinese buyers are multiplying at a great pace, according to Carrie Law, the CEO of Juwai.com. Juwai.com is currently the largest portal...
Economy
Study: Airbnb Transforms Greek Real Estate Market
Airbnb is increasingly asserting itself as a dominant force in Greece's real estate market. This according to the results of a study conducted by Greece’s Center of Planning and Economic Research (KEPE), which found that more than 126,000 Greek...
Economy
Chinese Investors Delivering Athens Real Estate Boom
The recent real estate boom in Athens, precipitated by the thousands of Chinese citizens visiting Athens seeking out a bargain on property, was the focus of an extensive report published recently by Reuters. As reported by the wire service,...