Police Bust Real Estate Racket in Athens, Three Suspects Arrested

It was recently announced by the Greek police that they have busted three men suspected of blackmailing and threatening property buyers into doing business...

Mykonos $5 Million Luxury Villa in $49 Lottery Draw

If you are a gambling person, this could be the opportunity of a lifetime: Dream Villa Mykonos. is running a raffle to give away...

Low Cost Homes to be Auctioned, Despite Government’s Claim of Primary Residence Protection

Greek society continues to react as foreclosed homes that are worth less than 100,000 euros are to be auctioned, despite the Greek government's claim...

Houses in Greece Will Return to their 2008 Value in 2050

The damage the economic crisis has caused to the housing market is so big that it will take until 2050 for houses to reach...

Greece Comes 8th Among 42 Countries in Taxing Income from Rents

Greece ranks in 8th place among 42 European nations in taxing income coming from rented properties, says a Global Property Guide report. The new tax...

Data Shows Further Growth in Greek Tourism and Real Estate

Tourism is Greece's most productive industry, steadily growing over the past four years. The World Travel & Tourism Council (WTTC) says that a new...

Record Number of Foreign Investors Use ‘Golden Visa’ Scheme in Greece

Record numbers of non-EU investors are granted the "Golden Visa" scheme that entitles them to a Greek residence permit in return for major investments,...

Historic Asteras Vouliagmenis Resort Re-Opens March 29

Asteras Vouliagmenis, the emblematic resort of the Athens Riviera, re-opens on March 29 as Four Seasons Astir Palace Hotel Athens to revive its glory...

Greek Tourism is a Main Investment Target for Foreigners

Greece's tourism sector has become a poll of attraction for foreign investors as half of foreign investments in 2014 were made in tourism and...

State-Owned Myκonos Hotel Up for Sale

Privatization fund TAIPED has seen major interest in the sale of a Mykonos hotel controlled by the Greek state, a Kathimerini daily report says. The...

Archaeological Council Decision on Hellinikon Met with Mixed Reactions by Gov’t and Investors

Hellinikon S.A. investors are examining the decision of the Central Archaeological Council to declare about 280 acres - out of 6,200 - of the...

Greece’s Property Taxes Among Highest in EU

According to data presented by the Hellenic Federation of Property Owners (POMIDA), Greece is at the top of the list with the highest property taxes...

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