Home Prices Drop 2.7% in Second Quarter in Greece

A new decrease in prices of houses and apartments was recorded in the second quarter of 2016, a Bank of Greece report says. According to...

New Construction in Greece Practically at a Standstill, Latest Stats Reveal

According to the latest figures released by the Greek statistical agency ELSTAT, new construction for the first 5 months of 2016 across Greece has seen...

FT Dubs Mykonos the ‘French Riviera’ of Greece

  Mykonos, Greece's party island in the Cyclades, has been billed by the Financial Times as the most sought after and expensive pieces of land...

Foreign Interest Drives Up Prices of Luxury Villas on Greek Islands

The prices of luxury holiday villas on popular Greek islands can be six times higher than on other property on the same islands, a...

Deadline Extension Moved to November for Greek’s Property Declarations

The Finance Minister has extended the deadline for making amendments to annual declaration forms for property owners due to numerous errors on the incoming...

Turkish-Cypriot Real Estate Agents Say Buying Greek-Cypriot Homes Is Big Risk for Investors

As the UN-led Cyprus Talks hope to soon resolve the Cyprus Issue and reunify the island, returning Greek-Cypriots to their land and properties in the...

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...

Greek Gov’t Takes Back Property Tax on Parcels

The Greek government has been forced to make some changes in the single property tax (ENFIA) in order to prevent citizens' reactions and inner-party...

Foreign Investors Choose Traditional Houses in Greece

Over 600 million euros have been invested in Greek real estate by foreign investors in the 2013-2015 period, with the emphasis given to traditional...

Greek Property Market Still on Downward Trend

The Greek property market shows an improvement on the international index following the first quarter, according to the Global Property Guide. The study ranks...

Bank of Greece: Real Estate Prices will Continue to Drop

Real estate prices in Greece will continue to drop in the next few quarters, a Bank of Greece report says. The central bank's report on...

Renowned Architect Norman Foster to Design the Elliniko Project

Renowned architect Norman Foster and his firm, Foster + Partners, will design the ambitious project of the former Athens airport area in Elliniko, on...

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