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Apartment Prices in Greece Skyrocket
Apartment prices in Greece have skyrocketed, estimated that in the second quarter of 2021 nominal prices increased by an average 4.6 percent
Village in Sicily Sells Houses for Two Euros Each
A village in Sicily, Italy named Sambuca di Sicilia has put some local abandoned houses up for sale for only two euros each.
Real Estate in Athens Sold at Ridiculous Prices Due to Crisis
Real estate prices in the general Athens area have plunged so low that in some cases houses are sold at one tenth of their...
Eurostat: Retail Food Prices in Greece More Likely to Rise Than Fall for Consumers
In Greece, food prices are generally more likely to rise than fall for consumers since retail prices are determined in accordance to the rate...
Rental Rates in Attica Decline While Prices for Short-Term Leases Soar
Although the rental rates for homes has dropped in Attica, the demand for short-term lease from the international market is still very active.
According to...
EnergyMin Says If Oil Prices Increase Government Will Take Measures
If the price of oil drastically increases the government will take the necessary measures, Environment and Energy Minister Giorgos Stathakis said on Monday, speaking...
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...
Greek Household Income Shrinks Even Further With More Belt-Tightening
Greek families that have seen their household incomes butchered noted an even greater reduction according to data released by the Hellenic Statistical Authority (ELSTAT)....
BoG: Financial Crisis Causing Property Prices to Free-Fall
Property prices are in free-fall, with apartment prices down 41.4% in the 2006-2016 period, Theodoros Mitrakos, vice-governor of the Bank of Greece (BoG) said...
ELSTAT: Household Budgets Dropped a Little Bit More Last Year
The Hellenic Statistical Authority (ELSTAT) announced the results of the Household
Budget Survey (HBS) conducted in 2015. The survey, presented on Wednesday, was conducted on...


