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250,000 Unsold Properties in Greece's Crisis-hit Real Estate Market

For decades the Greek banks and the real estate market were operating as communicating vessels, with the former granting long-term mortgage loans to satisfy the...

Americans Seek Real Estate Opportunities in Greece

The rapid fall in Greece's real estate property prices has precipitated an international land grab. Americans in particular have been keen for all types of Greek...

Foreign Real Estate Agents Interested in Crete

In recent years, more and more foreign real estate agents and companies show an active interest in the Greek real estate market. According to a...

Greek Real Estate Prices Continue to Drop

Property values in Greece continue to drop as the Greek economy struggles to recover. Greek real estate has lost 7.3% of its value compared to last...

41% Drop in Real Estate Prices

Over the last years, millions of Greeks witnessed a significant drop in the value of their real estate property. According to Greek news, real...

Decline of Greek Real Estate Market Means Bargains Abound

The Greek real estate market has declined considerably during the economic crisis. Estate agents say property prices have fallen to 1980s level, with some houses being sold for...

Real Estate Property in Greece for 300 Euros per Square Meter

Factors resulting from the overall financial crisis, such as single property tax and the failure of owners to rent out their properties, have thrown...

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...