5,000 Greek Properties Under the Electronic Auction System by End of 2017

Despite the SYRIZA-led government’s promises that no house will be repossessed and sold by the banks, the new system of online real estate auctions...

Report: Tourism Investment in Greece Runs into Trouble

A report by Reuters follows the route of tourism-related investments in Greece and reveals major delay and other bureaucratic issues preventing foreign and domestic...

Greek Homes Lose a Third of their Value in 5 Years

The Greek economic crisis has hit the housing market hard as new data for the 2009-2014 period show that the median value of Greece's...

Real Estate in Athens Sold at Ridiculous Prices Due to Crisis

Real estate prices in the general Athens area have plunged so low that in some cases houses are sold at one tenth of their...

Property Rentals in Athens Rise on Airbn

Houses up for rental in central Athens have shot up to 5,127 according to recent statistics provided by the independent Inside Airbnb service. This...

Athens Ledra Hotel Sold to U.S. Investors Hines Group

Athens Ledra Hotel on Wednesday passed to the hands of Syggrou 115 Hotel SA, which belongs to the Hines Group, a U.S. real estate...

Chinese Investors First in Taking Advantage of Greece’s Golden Visa Program

The Golden Visa program is one of the most inventive projects created by Greece's Ministry of Economy to lure foreign investors in order to...

The Peloponnese Dream Villa that Has Gone Viral (Photos)

Photos of a dramatic modern villa located in a remote location in the Peloponnese has captured the attention of architects and international fans online. The "Ypsilon Villa"...

Rental Rates in Attica Decline While Prices for Short-Term Leases Soar

Although the rental rates for homes has dropped in Attica, the demand for short-term lease from the international market is still very active. According to...

Cyprus’ ‘Golden Visa’ Program Generates €4 Billion Due to Russian Investors

Both Cyprus and Greece have organized what is known as "Golden Visa" programs where foreigners who purchase property are eligible to be granted residence...

The Most Expensive Greek Villa on the Market (Video)

The most expensive villa that you will find for sale in Greece will run you a whopping €20,000,000, or approximately $21,812,630 USD. "Kounoupi Majestic"...

Online Auction Platforms for Repossessed Properties to Be Launched in Greece

There is an abundance of properties that have come under Greece's four systemic banks over the past few years as bad loans have led...

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