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...

Rental Prices Drop in Athens

A research conducted by real estate consultancy firm Remax Newdeal, showed that rental prices for small, up to 60 square meters, old apartments, in Athens,...

ENFIA Amendment in Parliament, Foreclosures Protection Extended

The amendment for the payment extension of the first installment of the unified property tax (ENFIA) was tabled in Greek Parliament on Thursday along with...

Demolitions in Downtown Athens to Begin in September

Over 1,800 abandoned buildings in downtown Athens have come under scrutiny by the Environment Ministry, and in cooperation with the Municipality of Athens these buildings...

Mussolini’s Villa de Vecchi in Rhodes for Sale

The Hellenic Republic Assets Development Fund (HRADF), responsible for raising money from state property sales to reduce debt, is pitching the abandoned Villa de Vecchi...

Greek Real Estate Prices Continue to Drop

Property values in Greece continue to drop as the Greek economy struggles to recover. Greek real estate has lost 7.3% of its value compared to last...

Five Bidders for Two Property Assets in Rhodes

Greek authorities on Tuesday said an international tender for the sale of two real estate properties in Afantou, Rhodes, was successful. Hellenic Republic Asset...

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...

Reactions on Alleged Sale of Navagio Beach

The issue of the sale of a large property that surrounds famous  “Navagio” beach on the Ionian island of Zakynthos has taken an unexpected turn. A new...

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,...

Navagio Beach in Zakynthos Allegedly Sold to the Emir of Qatar

The most famous beach in Zakynthos, Navagio beach, with its clear waters and the historic shipwreck lying on the sand, has attracted thousands of...

Greek Vacation Homes for Sale

Foreign investors are still looking for vacation homes in Greece’s most famous travel destinations. In fact, it appears that the demand for such real...

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