Greece

Ana Vukovic, from Collier’s Greece and Serbia, spoke about the challenges of the post-pandemic world for Greek real estate.

The Hellenic Republic Assets Development Fund (HRADF), responsible for raising money from state property sales to reduce debt, placed the abandoned Villa de Vecchi on the Greek island of Rhodes, which had been the holiday home of Italian dictator Benito...

Airbnb is increasingly asserting itself as a dominant force in Greece's real estate market. This according to the results of a study conducted by Greece’s Center of Planning and Economic Research (KEPE), which found that more than 126,000 Greek...

As Greece officially exited its international bailout on Aug. 20, one indicator of confidence in the country is its tentatively stabilizing real estate market -- especially in the capital, Athens. Athens - responsible for generating around 19 percent of the...

Greece is one of the worst real estate markets for 2017, ranking in 9th place with Thailand in 8th, while prices continue to fall, according to the Business Insider. Based on a quarterly analysis by the Global Property Guide, Business...

For decades the Greek banks and the real estate market were operating as communicating vessels, with the former granting long-term mortgage loans to satisfy the increasing demand for real estate properties. With Greece being through the sixth year of economic crisis, the...

The Greek real estate market has declined considerably during the economic crisis. Estate agents say property prices have fallen to 1980s level, with some houses being sold for 100 euros per square meter. As for newly built houses, buyers can find great deals...

The Greek real estate market is still on a downward slope due to the lack of demand, the decline in people’s revenues and the overbearing tax burdens. In particular, Eurostat reveals that the Greek real estate market experienced the second-biggest...

Unable or unwilling to collect $70 billion in unpaid bills of tax cheats, the Greek government’s turning to higher taxes for those who can’t evade them has pushed property taxes up 600 percent in less than three years. The Greek...

Greek real estate prices are set to decline further in 2012, with the most conservative estimates putting the drop between 5 and 10%, as daily Kathimerini reports. The impact is expected to be greater regarding older properties, which are in...

If measures are not imposed soon in order to raise the demand of real estates, the market will face a crisis. In other words, the demand will fall while the number of the available properties will continue to rise. The...

Understanding booms and busts in real estate markets has been a major area of study among economists, and many of them have developed models seeking to predict boom and bust cycles in housing markets. There is no model for the...

  Old apartments in Athens are sold at lower prices than their fair market value. In fact, they are sold even 70 percent lower than their fair market value. This is happening due to the constantly increasing “gap” between the...

The recently released Cushman Wakefield Proprius Marketplace Real Estate report demonstrated a significant growth in the Real Estate economy of Greece. The economy grew in all three different sectors, namely industrial, retail, and office. The Growth of the Economy of...

The redevelopment of Athens' former airport, Hellinikon, has resulted in a great deal of interest in real estate along the Athens Riviera.