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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...
Greek Alternate FinMin: Gov't to Release New Real Estate Value List by End of June
The new state-set prices for real estate (known as "objective value") are expected to be ready by end-June, Greek Alternate Finance Minister Nadia Valavani...
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...
Real Estate in Greece Reaches Almost 1 Trillion Euros
Greece holds a unique record in Europe: six in ten Greeks own some sort of real estate property, with the total value of their...
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...


