Airbnb Added $1.4 Billion to Greeks’ Pockets in 2018

Airbnb rentals added $1.4 billion in the Greek economy last year, according to the short-term rental platform figures released this week. Even though Airbnb upset...

International Bidding Opens for 30 Percent Stake in Athens International Airport

An international bidding procedure has been launched for the sale of a 30 percent stake in Athens Eleftherios Venizelos International Airport SA (AIA), the...

Chinese Demand for Greek Property Remains High Despite EU Crackdown

The Chinese demand for Greek property remains close to historic highs, despite the European Commission's recent call for a crackdown on potential abuses of...

More than Five Percent of Athens Apartments Now on Airbnb-Style Platforms

A total of 5.3 percent of the total available apartments in Athens are now ''blocked'' by being rented exclusively via Airbnb-style platforms, an organization...

Greek Authorities Revoke License for Tall Building Near Acropolis

The Greek Ministry of Culture revoked the license for the construction of a new, multi-level building which had been planned for Athens' Koukaki neighborhood...

Greece Considers Legalizing Buildings Inside Ancient Sites

The Greek parliament is considering a bill that will make the legalization of private structures located inside archaeological and historic sites easier, according to...

Airbnb Investments Revive Athens’ Historic Neighborhood of Psyrri

Psyrri, a popular downtown neighborhood of Athens at one time, is becoming the center of Airbnb-related business once again, as three more major investments...

Greek Tourism Real Estate Outlook Positive, Piraeus Real Estate CEO Says

George Kormas, a senior manager in the Piraeus Bank Group and the CEO of Piraeus Real Estate, announced on Friday that Greek tourism, and the...

Outcry Over Bill Seen as Restricting Public Use of Greek Beaches

The new proposed legislation on shoreline use brought up for debate in the Greek Parliament has triggered strong reactions from environmental groups and opposition...

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...

‘Golden Visas’ show 46% Increase in 2018

Greece saw an increase of 46 percent in the number of residence permits given to non-EU citizens who took advantage of the "Golden Visa"...

Athens Real Estate Investment Climate Heats Up

According to a PricewaterhouseCoopers (PwC) report published this week, Athens climbed to 14th place in Europe from the 29th spot it held in 2017...

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