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Mussolini’s Old Villa on Rhodes Still on Real Estate Market

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...

Having Bottomed Out Since 2008, Athens’ Real Estate Market Stabilizes

As Greece officially exited its international bailout on Aug. 20, one indicator of confidence in the country is its tentatively stabilizing real estate market...

Eurostat: Housing Costs Greeks 4 Times More than European Average

Greeks pay dearly to have the nice, big house of their dreams, as 40 percent of them spend close to half of their income...

Cyprus’ ‘Golden Visa’ Program Generates €4 Billion Due to Russian Investors

Both Cyprus and Greece have organized what is known as "Golden Visa" programs where foreigners who purchase property are eligible to be granted residence...

Eurostat: Greek Real Estate Declines as Compared to EU Counterparts

  According to figures released by Eurostat on Monday, the Greek real estate market is on a steady year-on-year decline over the last quarter of...

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...

Chinese and Russian Investors Top List for ‘Greek Golden Visa’

Chinese investors are on top of the list of the "Greek Golden Visa" recipients as the program provides residence permits to third-country residents and...

Colliers International Reports Attica Storefront Rentals Increase in Popular Shopping Areas

According to the latest survey by the industry-leading global real estate company Colliers International, Attica's storefronts have seen an increase in the amount of...

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...

Poor Protection of Ownership One Reason Foreigners Do Not Invest in Greek Real Estate

One of the reasons foreigners do not choose to invest in Greek real estate is the poor protection of the right of ownership by...

Mykonos, Santorini Top Choices for Summer Homes for Foreigners

The islands of Mykonos and Santorini, two of the most favored tourist destinations, are the top choices for foreigners who want to buy a...

Greek Finance Ministry Sources Discuss Changes to Real Estate Tax

There is no issue of changing the 2015 Uniform Real Estate Ownership Tax (ENFIA), Finance Ministry sources said on Thursday regarding the ruling of...

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