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How the British TV Series ''The Durrells'' Spiked Real-Estate Prices on Corfu

A new article in UK's Financial Times newspaper last Friday described how the famous British TV series ''The Durrells'' has made Corfu an even more popular holiday destination, impacting its real-estate market over the last few years. "The Durrells", which...

Athens' Real-Estate 70 Percent off Fair Market Value

  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...

Fitch Expects Greek Real-Estate Prices To Decline By 15%

Fitch Ratings said that Greek real-estate prices are expected to decline 15% over the next two years as interest-rate increases make it harder for borrowers hit by austerity measures to keep up with mortgage payments, according to Bloomberg. The proportion...

The New Thessaloniki Coast: Botanical Gardens and Pools in the Sea

The Prefecture of Central Macedonia on Monday announced plans for the redesign of Thessaloniki’s shoreline, plans that include botanical gardens and swimming pools in the sea. The Governor of Central Macedonia, Apostolos Tzitzikostas, announced in a press conference the vision...

Chinese Surge for Greece's Golden Visa Expected Post-Covid Restrictions

The coronavirus pandemic has caused a significant drop in the number of Golden Visas awarded by Greece to Chinese citizens, says a report released on Wednesday by Juwai IQI, a holding company comprised of two Asian real estate super-brands. The...

Demand for Greek Real Estate from Chinese Investors Peaks Despite Coronavirus

Chinese investors' demand for Greek real estate continues to be strong and has actually peaked during the coronavirus crisis, as Greece is considered to be safer than other countries in this regard due to its low infection rate. A study of...

Greece Plans to Scrap Primary Residence Protection, Introduce Individual Bankruptcy

The Greek authorities are planning to introduce to the country's judicial system the institution of individual insolvency, in which a person is able to declare bankruptcy, liquidate his or her property and receive a second chance in life, free...

Donald Trump Congratulates New Greek PM Kyriakos Mitsotakis

US President Donald Trump on Tuesday congratulated Greece's new Prime Minister Kyriakos Mitsotakis over the telephone. According to the Prime Minister's office announcement: "Prime Minister Kyriakos Mitsotakis had a telephone conversation tonight with United States President Donald Trump. The American President...