Sales of Greek Real Estate Properties to Foreigners on the Rise

Real estate purchases by foreigners in Greece are on the rise again, reaching the 2014 level, as Bank of Greece figures show. According to BoG...

Turkish Nationals Buy Houses in Greece to Get Residence Visa

Dozens of Turkish citizens have bought houses in Greece in the past few months in order to take advantage of the "Golden Visa" program...

Property Tax in Greece Went Up Sevenfold in 7 Years

In 2016, Greeks were called to pay seven times more in property taxes compared to 2009, even though they had to deal with a...

More than 10,000 Homes Passed to the Greek State in 2016

More than 10,500 real estate properties were passed to the Greek State in 2016 because of the inability of owners to pay their tax...

Chinese and Russian Investors Top List for ‘Greek Golden Visa’

Chinese investors are on top of the list of the "Greek Golden Visa" recipients as the program provides residence permits to third-country residents and...

BoG: Greeks’ Investments in Homes Has Fallen 85% Since Onset of Economic Crisis

According to a Bank of Greece study, household investments in homes in Greece has decreased since 2008, up to as much as 85 percent...

BoG Data Reveals Increase in Turks Buying Greek Properties

According to market data presented by the Bank of Greece (BoG), more and more Turks are joining in the buyer's market for Greek properties. Previously,...

Police Bust Real Estate Racket in Athens, Three Suspects Arrested

It was recently announced by the Greek police that they have busted three men suspected of blackmailing and threatening property buyers into doing business...

New Athens Hilton Owners have Plans for New Luxurious Services

The completion of the sale of the Athens Hilton to Home Holdings on Friday opens the way for the company's plans for new and...

Avoiding Capital Controls: Real Estate Revenues From Foreign Buyers Deposited in Banks Abroad

The majority of revenues of Greek luxury real estate transactions acquired by foreign nationals remain in banks outside of Greece, sources have reported. In fact,...

Houses in Greece Will Return to their 2008 Value in 2050

The damage the economic crisis has caused to the housing market is so big that it will take until 2050 for houses to reach...

Cushman & Wakefield: Athens’ Ermou Street Ranked 25th Most Expensive Shopping Street in the...

According to the annual property report by Cushman & Wakefield titled, Main Streets Across The World, Athens' Ermou Street is ranked the 25th most...

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