Turkish-Cypriot Real Estate Agents Say Buying Greek-Cypriot Homes Is Big Risk for Investors

As the UN-led Cyprus Talks hope to soon resolve the Cyprus Issue and reunify the island, returning Greek-Cypriots to their land and properties in the...

41% Drop in Real Estate Prices

Over the last years, millions of Greeks witnessed a significant drop in the value of their real estate property. According to Greek news, real...

Real Estate in Greece Reaches Almost 1 Trillion Euros

Greece holds a unique record in Europe: six in ten Greeks own some sort of real estate property, with the total value of their...

Government Crack Down to Tax Owners who Privately Sublet Rentals to Visitors

According to reports by Euronews, Greece's Deputy Finance Minister, Trifon Alexiadis told the media outlet that the government is planning to crack down on collecting...

Russians Buy Houses in Pelion

A particular interest in investments for the region of Thessaly, Greece, and mainly for Pelion and the Sporades islands is expressed by foreigners, potential...

Provocative Stance by Troika

The negotiations between Troika and the Greek Government concerning Troika’s plans for the auctioning of primary residences, have reached their limits. Troika’s representatives appear...

New Greek Gov’t to Halt Port Sale to China and Power Utility Privatization

The new Greek government will freeze plans to privatize the country’s Public Power Corporation (DEH), the energy minister said on Wednesday. Also, Greece will put...

Considerable Decline in Greek Construction Industry

The Greek construction industry has shown a considerable decline since 2012, according to data provided by the Hellenic Statistical Authority (ELSTAT). In December 2013, private...

Greek Gov’t Takes Back Property Tax on Parcels

The Greek government has been forced to make some changes in the single property tax (ENFIA) in order to prevent citizens' reactions and inner-party...

Greek Tourism is a Main Investment Target for Foreigners

Greece's tourism sector has become a poll of attraction for foreign investors as half of foreign investments in 2014 were made in tourism and...

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,...

House Prices Drop in Greece

According to the Bank of Greece’s Monetary Policy report published on Tuesday, since the beginning of the financial crisis five years ago, in 2008,...

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