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Plans for Greek China Town

Greek investors and Chinese real estate companies are gearing up to build the Greek China Town next to Athens International Airport. A new property...

Greek Real Estate Prices Plummet as Properties Sit Empty

Bank of Greece data has revealed overtaxation of properties and lack of demand have resulted in almost 250,ooo properties being unsold in Greece, dragging house...

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...

Non EU Citizens Able to Rent Out Properties in Greece

According to the Greek Development Ministry a new plan is under development after mostly Chinese investors expressed their interest in Greek properties. This new...

Shocking Decline in Greek Construction Activity

  The deep economic recession that Greece suffers from in conjunction with the strict fiscal policy, had a negative impact in building activity which records...

Unsold Real Estate in Greece Keeps Piling Up

Unsold real estate keeps piling up in Greece. In fact the number of unsold properties in the real estate market is approximately 270,000. According...

House Prices Drop in Greece

According to the Bank of Greece’s Monetary Policy report published on Tuesday, since the beginning of the financial crisis five years ago, in 2008,...

It’s Raining Money in Mykonos

While the rest of the country is plagued by crisis, with unemployment rate at 27 percent, the island of Mykonos is rolling in the...

Canada’s Ambassador Honors GreekPropertyExchange’s Stroumboulis

ATHENS - While many Greeks in the Diaspora are wringing their hands in despair over what’s happening to their homeland during a crushing economic...

Corfu Real Estate Property For Sale

Next week will mark the beginning of a new plan concerning the utilization of government property. According to new information, the Hellenic Republic Asset...

Battered by Taxes, Greek House Sales Fall Off Fast

ATHENS – Greece's Deep Recession is taking another toll: on house sales. A new emergency property tax in a desperate attempt to raise money...

Athens Τops Office Space Availability

Athens has the highest rate of empty office space in Europe, as daily Kathimerini reports, quoting data for the year's first quarter presented by...

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