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real estate market

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 Greece 39th out of 45 countries as prices were reduced by 5.3 percent on an...

Mykonos: Former Wealthy Greeks Sell Villas to Foreigners

The villas of Mykonos hit the market and shipowners as well as Greek and foreign businessmen are ready to invest millions of euros on the island of the winds, as people call it, and its luxurious residencies. However, these...

Greece Second in Falling Property Prices

New data by the Bank of Greece reveal that the Greek real estate market slumped by 9.2 percent during the third quarter of 2013, which according to Eurostat was the second-worst performance among European Union countries, following new EU...

Greek Residency Permits For Chinese Investors

Greece has begun to grant residence permits to foreigners who invest or buy Greece in property above a certain amount, with three having already been issued, and two others are pending, authorities said. The news came from the Ministry of...