Council of State Decision Upsets Property Taxation in Greece

The plenary session of the Council of State decided that the Greek government was obligated on May 21, 2015 to have restated objective property...

Decline of Greek Real Estate Market Means Bargains Abound

The Greek real estate market has declined considerably during the economic crisis. Estate agents say property prices have fallen to 1980s level, with some houses being sold for...

Chinese Investors Look for Bargains in Foreclosure Auctions in Greece

Chinese investors are embracing online foreclosure auctions in Greece, while demand for buying real estate property in Greece has gone up 158.5%, according to...

Foreign Interest Drives Up Prices of Luxury Villas on Greek Islands

The prices of luxury holiday villas on popular Greek islands can be six times higher than on other property on the same islands, a...

Greek Hotels on Sale Despite Record Tourism Year

A survey shows that despite the increase of tourism in 2013, many hotel owners in Greece put their units up for sale at the...

Greek Property Market Still on Downward Trend

The Greek property market shows an improvement on the international index following the first quarter, according to the Global Property Guide. The study ranks...

One in Three Greek Houses is Vacant

According to figures by the Hellenic Statistical Authority (ELSTAT), residences in Greece exceed 6.3 million, however only 65.7% of them are used. Figures from the 2011...

Greece is the World Champion of Low Property Prices

At a time when there is an increase in the value of homes worldwide, the Greek housing market is going in the exact opposite...

Countless Auctions in Greece

Greece is facing forced auctions of real estate whereas banks are burdened by toxic loans that have increased dramatically, mentions Wiener Zeitung. "The toxic loans...

Bloomberg: Greek Banks See increase in Housing Loans by 2015

Greek banker Theodoros Kalantonis, who has survived the worst of times in the past six years, said he can finally see the resurrection of home lending,...

Diaspora TV Show Offers Insight on Investment Opportunities in Greece

  This week’s Greece in our Hearts — the popular web TV show for the Greek diaspora —featured developments in the country's real estate market...

TAIPED Seeks Improved Bid for Ellinikon

Lamda Development has until March 26 to submit an improved bid to renovate the disused site of Ellinikon Airport after authorities rejected the Greek company's initial bid...

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