Greek Real Estate

Foreign investors are still looking for vacation homes in Greece’s most famous travel destinations. In fact, it appears that the demand for such real estate transactions has increased, even though there haven’t been enough sales of such properties so...

Eurobank Properties R.E.I.C.  has announced its acquisition of 14 properties from the Hellenic Republic Asset Development Fund. The bank will lease the buildings, which include various ministries, back to the Hellenic Republic for 20 years, it said May 12. The...

Factors resulting from the overall financial crisis, such as single property tax and the failure of owners to rent out their properties, have thrown real estate prices at historically low levels, resulting in a market that now presents great opportunities...

Greece's Ministry of Finance on Thursday issued two critical decisions aimed at resuscitating Greece's slumping property market. The two decisions – which enjoy the crucial approval of the notaries' union – clarify the perplexing matter of taxing "incremental value" recorded in real estate transactions, a new form...

Good news for the real estate investment companies in Greece. As it seems, things have started to improve as the drop in prices of commercial properties in their possession is finally over. The first thing to indicate this new era...

During the conference of the Hellenic Property Federation (POMIDA) which was held on Saturday in Athens, the president of the Federation Stratos Paradias, underlined in his remarks the urgent need to change the legislative framework on the new property...

New data by the Bank of Greece reveal that the Greek real estate market slumped by 9.2 percent during the third quarter of 2013, which according to Eurostat was the second-worst performance among European Union countries, following new EU...

High-end real estate is one of the few sectors that is relatively recession proof and actually represents a very sound investment amidst the turmoil affecting European countries.

Greek real estate prices are set to decline further in 2012, with the most conservative estimates putting the drop between 5 and 10%, as daily Kathimerini reports. The impact is expected to be greater regarding older properties, which are in...