real estate

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 have been announced over the last few weeks. Psyrri became one of the hotspots of nightlife...

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 hotel sector in particular, have improved significantly in terms of quality and supply. The welcome...

According to the latest data published by the Bank of Greece on Wednesday, the foreign capital flowing into the country to buy properties in January 2019 showed a staggering increase of 155.7 percent over the same month in 2018. This...

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" program in 2018, Kathimerini daily reports. The program provides renewable residence and work permits to individuals...

According to a PricewaterhouseCoopers (PwC) report published this week, Athens climbed to 14th place in Europe from the 29th spot it held in 2017 regarding property investment prospects. The report was conducted by the London-based company for the well-known "Urban...

  The Greek economy is currently undergoing a major transformation, mainly because of the real estate boom and record-breaking tourist arrivals, the New York Times reported on Wednesday. The American newspaper analyzed the two major factors which are contributing to Greece's...

The new rent-subsidy scheme for Greek citizens, which was passed last year by the Greek Parliament, came into effect on Tuesday evening. The online platform, where thousands of Greeks will be able to upload their application, began operation operation late in...

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...

More than 8 out of 10 real estate transactions in Greece are now carried out using cash, with no bank involvement whatsoever, according to a survey published recently by the Association of Certified Brokers of Greece (BPOR). The survey reflects the...

The real estate market in Greece is booming because of an extraordinary amount of sales to foreigners who want to receive the so-called "Golden Visa", while an increase in the number of people who short-lease their apartments to platforms like Airbnb is driving up rent prices.