The Greek Haunted Building on Mount Parnitha

There is no doubt that an abandoned building on the top of a mountain can provide the ideal setting for a thriller movie. The...

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...

Standing Holy Synod to Control Church Property

With an Amendment brought to Parliament by ministers Yannis Stournaras, Konstantinos Arvanitopoulos, Kyriakos Mitsotakis and Michalis Chryssochoidis, all matters relating to the management and...

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 Banks Relieved by Freeze on Foreclosures

The American newspaper, The Wall Street Journal, commented on the recent decision of the Greek government to extend for one more year, the suspension...

Development Ministry Defends Foreclosure Rules

The Greek Minister of Development, Kostis Hatzidakis on Thursday defended draft legislation on non-performing mortgages. The opposition disapproves and claims that the government is...

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,...

Greece’s Property Taxes Among Highest in EU

According to data presented by the Hellenic Federation of Property Owners (POMIDA), Greece is at the top of the list with the highest property taxes...

“Asteras” Investment Under Investigation

An investigation was ordered by the Prosecutor, Eleni Raikou, after accusations of fraud and embezzlement was made public by the regional councilor, Nikos Galanos,...

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 Problems With Real Estate Tax Bill

  The Troika has come up with new objections and demands on the property tax bill, and have asked the Greek government not to submit it...

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...

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