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...

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...

Colliers International Reports Attica Storefront Rentals Increase in Popular Shopping Areas

According to the latest survey by the industry-leading global real estate company Colliers International, Attica's storefronts have seen an increase in the amount of...

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...

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