property
Economy
Greek Home Market Among Cheapest in EU: Value for Your 200,000 Euros
Statista, the online statistics portal for market data, reports that a home buyer in Greece can buy the fifth largest home for 200,000 euros in the eurozone. Specifically, the amount can buy a newly-constructed 120 sq. meter flat that...
Economy
ENFIA Notifications Open Up for Property Owners on Monday
Single Property Tax (ENFIA) notifications for real estate owners in Greece are available online as of Monday. Real estate owners can visit www.gsis.gr for more information. The tax can be paid in five monthly installments, with a first payment...
Greece
Property Owners Get Rid of Tenants for Tourists
Travel accommodation sites such as Airbnb and HomeAway have seen an increase in owners interested in short-term leases to foreign visitors. As tenants are being evicted in favor of tourists, realtors point to the obvious benefits of leasing out...
Greece
Greek Property Market Still on Downward Trend
The Greek property market shows an improvement on the international index following the first quarter, according to the Global Property Guide. The study ranks Greece 39th out of 45 countries as prices were reduced by 5.3 percent on an...
Cyprus
Property Sales Up by 25% in Cyprus
Property sales in the first five months of this year were up by a substantial 25% compared to the same period of 2015, according to data published by the Land Registry in relation to total property sale contracts submitted...
Cyprus
Turkish Cypriot Wants to Return Greek Cypriot Property
According to the Turkish Cypriot newspaper Africa, a Turkish Cypriot citizen named Eray Ozer has been searching for the Greek Cypriot owners of the property currently in his possession, to return it to them. He was granted the property by the...
Greece
Reactions on Alleged Sale of Navagio Beach
The issue of the sale of a large property that surrounds famous “Navagio” beach on the Ionian island of Zakynthos has taken an unexpected turn.
A new letter addressed to the Archbishop of Dodona and former Archbishop of Zakynthos Chrysostomos came to...
Economy
Greece Second in Falling Property Prices
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...