Calamos Supports Greece

Greek Real Estate

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...

Chinese and Russian Investors Top List for 'Greek Golden Visa'

Chinese investors are on top of the list of the "Greek Golden Visa" recipients as the program provides residence permits to third-country residents and their families when they invest 250,000 euros or more in real estate property in Greece. Real...

Colliers International Reports Attica Storefront Rentals Increase in Popular Shopping Areas

According to the latest survey by the industry-leading global real estate company Colliers International, Attica's storefronts have seen an increase in the amount of rentals this year, particularly in popular shopping areas. This latest data seems to suggest some sort...

Greece Comes 8th Among 42 Countries in Taxing Income from Rents

Greece ranks in 8th place among 42 European nations in taxing income coming from rented properties, says a Global Property Guide report. The new tax rates on income from rented properties have made real estate investment in Greece less attractive,...

Poor Protection of Ownership One Reason Foreigners Do Not Invest in Greek Real Estate

One of the reasons foreigners do not choose to invest in Greek real estate is the poor protection of the right of ownership by the state, a report says. In comparison to other European nations, Greece ranks very low in...

Mykonos, Santorini Top Choices for Summer Homes for Foreigners

The islands of Mykonos and Santorini, two of the most favored tourist destinations, are the top choices for foreigners who want to buy a summer home in Greece. There is a correlation between the nationalities of those who visit specific...

Greek Finance Ministry Sources Discuss Changes to Real Estate Tax

There is no issue of changing the 2015 Uniform Real Estate Ownership Tax (ENFIA), Finance Ministry sources said on Thursday regarding the ruling of the Council of State. The Council of State, Greece's supreme administrative court, on Wednesday officially published...

Four in Ten Greeks Spend Twice the EU Average in Housing Costs

Four in 10 Greeks spend twice as much as the average European Union household on housing costs, according to a Eurostat survey. More specifically, four in 10 Greeks spend more than 40 percent of their disposable income on housing costs,...

Increasing Foreign Interest in Greek Island Properties

Foreign investors and buyers are frantically searching for properties on the Greek islands of Santorini and Mykonos, driving the demand to an all-time high. According to Greek realtors, the holiday home market in Mykonos and Santorini shows such high...

10 Assets Greece May Eventually Sell

Numerous articles have been published since Greek Prime Minister Alexis Tsipras reached an agreement with creditors, on how the country will be able to pay back its bailout. TIME magazine and the Business Insider explored Greece's options in regards to the country's islands,...