Greece
Greece
The Science Behind Greek Food’s Amazing Healthy Properties
Greek food is often considered among the most healthy cuisines in the world, as it is linked to the Mediterranean diet, which has been proven to have countless health benefits.
The Mediterranean diet is the utmost example of a diet...
Greece
Two Santorini Airbnb Properties Among Most Popular in the World
Two Greek Airbnb rentals were selected by members as among their most-wished for future rentals during voting that took place worldwide from May 7 to 11.
Clearly, Airbnb travelers might be locked down at the moment, but they are still...
Economy
Has Greece Reached its Limit for Airbnb Style Rental Properties?
Official data presented during the recent ΒΝΒ Conference about Greece's short-term property rental market revealed some interesting information about the situation that online platforms such as Airbnb and HomeAway have created.
According to official data, between December 2018 and December...
Greece
Piraeus Bank Announces New Auction for Greek Real Estate Properties
Greek banks have intensified their efforts to sell properties owned by them through auctions after the summer lull, which was largely caused by the general elections in July.
Piraeus Bank, Greece's largest lender, announced last week that it will hold...
Business
Foreign Investment in Greek Properties Skyrockets in First Half of 2019
According to the latest data published recently by the Bank of Greece, the foreign capital flowing into Greece to buy properties during the first six months of 2019 showed a staggering increase of 49 percent compared to the same...
Economy
Latest Figures Show Huge Increase in Foreign Capital Buying Properties in Greece
According to the latest data published by the Bank of Greece on Wednesday, the foreign capital flowing into the country to buy properties in January 2019 showed a staggering increase of 155.7 percent over the same month in 2018.
This...
Diplomacy
Albania Retreats on Threat to Seize Albanian-Greek Properties
The Albanian government has removed a clause from its Government Gazette which allowed for the arbitrary confiscation and impoundment of land and properties of Greek expatriate residents in the Himara region.
An Albanian government cabinet decision published on March 29 in...
Greece
Eighty Percent of Greek Properties Bought with Cash
More than 8 out of 10 real estate transactions in Greece are now carried out using cash, with no bank involvement whatsoever, according to a survey published recently by the Association of Certified Brokers of Greece (BPOR).
The survey reflects the...
Greece
More than 60,000 Properties in Greece are in Airbnb-like Platforms
More than 60,000 residential properties in Greece are listed on short-term lease platforms, like Airbnb, the president of the Hellenic Hoteliers Federation said this week.
Speaking to the Athens News Agency, the federation president Grigoris Tassios said that the Greek...
Crime
Greek State Seizes All Properties of Former Defense Minister Akis Tsochatzopoulos
The Five-Member Court of Cassation, has decided on the confiscation of all properties and bank accounts of former defense minister Akis Tsochatzopoulos, and 12 others involved in armament kickbacks.
The court has also ordered a compensation of 1,570,000 euros in...
Crime
Authorities Search Properties in Greece for Swiss Prosecution into FIFA Official
Swiss prosecutors have opened a criminal investigation into Jerome Valcke; the banned former FIFA secretary general, and Nasser Al-Khelaifi; the chief executive of Qatar's beIN Media, over World Cup broadcasting deals.
Prosecutors interviewed Valcke on Thursday, while authorities in France,...
Greece
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 will begin in September.
Electronic auctions will take place every Wednesday, Thursday and Friday and with...
Greece
Online Auction Platforms for Repossessed Properties to Be Launched in Greece
There is an abundance of properties that have come under Greece's four systemic banks over the past few years as bad loans have led to foreclosures and repossessions. According to bank officials the repossessions due to non-performing loans (NPLs)...
Business
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 data, sales of homes to foreign investors showed a significant rise in the last months...
Greece
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, the majority of buyers were German, French, British and Italian, but since 2011 educated professionals...