Greek Real Estate
Chinese Investors Expected to Storm Greek Real Estate Market
Chinese investors are expected to storm the Greek residential real estate market, global real estate giant Juwai IQI, headquartered in Malaysia, said in a report published on Tuesday. The company says that Portugal's decision to effectively end its Golden Visa...
Goldman Sachs to Invest in Greek Real Estate, Tourism
American multinational Goldman Sachs is set to join other foreign companies that have been investing in Greek real estate, which is booming. According to a report in the Wall Street Journal, the American company will initially invest approximately 150 to...
Hellinikon Development Spurs Athens Riviera Real Estate Investment
The redevelopment of Athens' former airport, Hellinikon, has resulted in a great deal of interest in real estate along the Athens Riviera.
Greek Real Estate Market Set to Rebound in Post-pandemic Greece
Ana Vukovic, from Collier’s Greece and Serbia, spoke about the challenges of the post-pandemic world for Greek real estate.
Mussolini's Old Villa on Rhodes Still on Real Estate Market
The Hellenic Republic Assets Development Fund (HRADF), responsible for raising money from state property sales to reduce debt, placed the abandoned Villa de Vecchi on the Greek island of Rhodes, which had been the holiday home of Italian dictator Benito...
Having Bottomed Out Since 2008, Athens' Real Estate Market Stabilizes
As Greece officially exited its international bailout on Aug. 20, one indicator of confidence in the country is its tentatively stabilizing real estate market -- especially in the capital, Athens. Athens - responsible for generating around 19 percent of the...
Eurostat: Housing Costs Greeks 4 Times More than European Average
Greeks pay dearly to have the nice, big house of their dreams, as 40 percent of them spend close to half of their income to maintain their home, new Eurostat figures show. Specifically, four out of ten Greeks (40.5 percent)...
Cyprus' 'Golden Visa' Program Generates €4 Billion Due to Russian Investors
Both Cyprus and Greece have organized what is known as "Golden Visa" programs where foreigners who purchase property are eligible to be granted residence status. Recently Cyprus' Golden Visa program has raised some 4 billion euros in revenue for the...
Eurostat: Greek Real Estate Declines as Compared to EU Counterparts
According to figures released by Eurostat on Monday, the Greek real estate market is on a steady year-on-year decline over the last quarter of 2016. Bank of Greece statistics reveal that property rates in Greece have decreased by 0.6...
Sales of Greek Real Estate Properties to Foreigners on the Rise
Real estate purchases by foreigners in Greece are on the rise again, reaching the 2014 level, as Bank of Greece figures show. According to BoG data, sales of homes to foreign investors showed a significant rise in the last months...