Increasing Foreign Interest in Greek Island Properties

Foreign investors and buyers are frantically searching for properties on the Greek islands of Santorini and Mykonos, driving the demand to an all-time high....

Astir Palace Resort Sale Blocked by Greek State Council

Greece's top administrative court blocked the sale process of a luxury Athens seaside resort to an Arab-Turkish fund. According to the State Council judges' decision,...

Chinese Man 1st To Get Residency Permit

Greek Prime Minister Antonis Samaras' plan to lure people with money to the country by offering them residency permits for buying properties worth more...

Greece Second in Falling Property Prices

New data by the Bank of Greece reveal that the Greek real estate market slumped by 9.2 percent during the third quarter of 2013,...

Development Company Claims ‘Elliniko’ Acquisition Was Legal

Lamda Development, the company that has acquired the former Athens International Airport at the southern suburb of Elliniko, stated that the process was fully...

The Emblematic Athens Hilton Hotel is Allegedly for Sale

The Athens Hilton, the emblematic hotel that has hosted countless important people and celebrities visiting Athens, is allegedly up for sale. According to a report...

Donald Trump and His Two Fruitless Attempts to Invest in Greece

U.S. President elect Donald Trump had tried twice to invest in the property of former Athens airport at Ellinikon, but both his efforts proved...

Greek Real Estate Prices Plummet as Properties Sit Empty

Bank of Greece data has revealed overtaxation of properties and lack of demand have resulted in almost 250,ooo properties being unsold in Greece, dragging house...

Greek Owners Will Pay an Extra €1,000 If They Want to Rent or Sell...

Real estate property owners in Greece will have to pay an additional 1,000 euros in fees and levies and go through more red tape...

Increased Interest on Real Estate Investments in Greece

According to a Colliers International survey, despite the ongoing recession, international investors appear to be more willing to take risks in high-risk markets during...

Council of State Rules ENFIA Property Taxes Illegal in Four Cases

Following appeals from taxpayers to look into the way in which ENFIA property tax is calculated in Greece, the country's highest court, the Council...

Poor Protection of Ownership One Reason Foreigners Do Not Invest in Greek Real Estate

One of the reasons foreigners do not choose to invest in Greek real estate is the poor protection of the right of ownership by...

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