Archaeological Council Decision on Hellinikon Met with Mixed Reactions by Gov’t and Investors

Hellinikon S.A. investors are examining the decision of the Central Archaeological Council to declare about 280 acres - out of 6,200 - of the...

Qatari Investors File Charges Against Everyone Responsible for Fires on Zakynthos

Qatari investment company PIMANA S.A., a subsidiary of state-owned Al Rayyan, filed charges against everyone responsible for the fires on Zakynthos that have destroyed...

Qatari Investors Respond to Greek Minister’s Claims

Qatari investors Al Rayyan responded to a statement made by Deputy Foreign Minister Giorgos Katrougalos that the company's decision to stop investing in Greece...

Qatar Says Goodbye to Greece: ‘We Cannot Invest by Force’

In contradiction to the optimism of the Greek government on its capacity and willingness to attract foreign investments, the Qatari state company Al Rayyan...

Archaeological Council Meeting Postponement Generates Uncertainty over Former Athens Airport Investment

The uncertainty over the investment at the former Athens airport in Hellinikon, continues after the postponement of the meeting of the Central Archaeological Council...

5,000 Greek Properties Under the Electronic Auction System by End of 2017

Despite the SYRIZA-led government’s promises that no house will be repossessed and sold by the banks, the new system of online real estate auctions...

Report: Tourism Investment in Greece Runs into Trouble

A report by Reuters follows the route of tourism-related investments in Greece and reveals major delay and other bureaucratic issues preventing foreign and domestic...

Greek Homes Lose a Third of their Value in 5 Years

The Greek economic crisis has hit the housing market hard as new data for the 2009-2014 period show that the median value of Greece's...

Real Estate in Athens Sold at Ridiculous Prices Due to Crisis

Real estate prices in the general Athens area have plunged so low that in some cases houses are sold at one tenth of their...

Property Rentals in Athens Rise on Airbn

Houses up for rental in central Athens have shot up to 5,127 according to recent statistics provided by the independent Inside Airbnb service. This...

Athens Ledra Hotel Sold to U.S. Investors Hines Group

Athens Ledra Hotel on Wednesday passed to the hands of Syggrou 115 Hotel SA, which belongs to the Hines Group, a U.S. real estate...

Chinese Investors First in Taking Advantage of Greece’s Golden Visa Program

The Golden Visa program is one of the most inventive projects created by Greece's Ministry of Economy to lure foreign investors in order to...

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