Greece
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real estate

Greece's First ''Floating'' Home

The seaside tourist hotspot of Lagonissi in Greece's Attica is now home to one of the country's most peculiar yet intriguing private residencies. The project dubbed ''House 6°'' was created by the architectural office of Mado Samiou from Athens and...

Greek Jet Setters Rush to Book Winter Vacations in Arachova

Top winter destinations in Greece, particularly the towns of Arachova and Kalavryta, have noted a rise in bookings for the upcoming holiday season. Greek jet setters, who would usually celebrate the holidays in winter destinations outside of the country, are...

Officials Say Mohegan Casino Project Could be Ready in Three Years

The CEO of Mohegan Entertainment, Mario Kontomerkos, announced on Wednesday that the gigantic casino development in Hellinikon would be ready within 36 months after building licenses are issued, while reassuring the public that his company is ready to take...

Mohegan Gets the Green Light for the Casino Construction in Athens

The Hellenic Gaming Commission accepted the financial proposal of Mohegan Gaming & Entertainment (MGE)-GEK TERNA as provisional winner in the bidding process for the concession of a casino license in the Hellinikon project. "Everything proceeded as planned and with an...

Cyprus Suspends Golden Visa Program Due to Corruption Allegations

The nation of Cyprus has abruptly stopped the issuance of Golden Visas after a press report  and video showed alleged corruption in the process, in which foreigners were welcomed to pay for a visa allowing them residence in the...

Greek Airbnb Rentals Shift Business Model to Defy Covid Crisis

Short-term property rentals in Greece, already affected by market saturation and competition from new and cheaper nearby markets in 2019, saw their bookings devastated in the first half of 2020 as Covid-19 made its impact. However, looking at the results...

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...

Athens Area Poised to Get First Skyscrapers at Hellinikon

After breaking ground Friday, signaling the beginning of work for the Hellinikon Project - the largest development and investment project in Greek history - the construction of the very first skyscrapers in Athens is set to begin. The project, on the...

Greece At Last Launches Construction Works for Massive Hellinikon Project

Greece inaugurated on Friday the start of construction work on a long-delayed major development project at the prime seaside site of Hellinikon, the old Athens airport. Lamda Development, which is undertaking the investment, plans to turn the seaside plot into...