real estate

Greece leads Europe in housing costs, November’s Financial Stability Report by the Bank of Greece (BoG) maintains. According to the report, 27 percent of the Greek population is spending more than 40 percent of their disposable income to cover housing...

Home prices in Athens are surging making the Greek capital one of Europe’s hottest housing markets, Bloomberg reports. Home prices in the Greek capital climbed 12.2 percent in October, nearly triple the gains in Stockholm and bucking declines in cities...

Over one in ten holiday home (12.35 percent) acquisitions this year in Greece were made by Greeks of the diaspora, data released by estate agents Elxis show. Elxis, with offices in Thessaloniki, Crete, and Utrecht in the Netherlands, is an...

Evergrande, China's real estate construction giant, has filed for US protection from bankruptcy after thirty years of uninterrupted growth. Just last Thursday, Evergrande filed for US bankruptcy under Chapter 15, which allows foreign companies to temporarily be protected from creditors...

The Rio-Antirrio Bridge was opened on August 7, 2004 one week before the opening of the 2004 Summer Olympics in Athens. Within almost two decades, it changed the economic landscape in Greece. The Rio-Antirrio bridge, which connects the Peloponnese with...

Business tycoon Charles Worthington is putting his Mykonos villa on the market for a record-breaking 50 million euro.

A 320 sq.m. penthouse apartment in Athens was recently sold to a Swiss national for 18 million euros ($19.78 million), making it the city's most expensive piece of real estate. The penthouse is located near Herodou Attikou Street which is...

Greece will increase the minimum value of the property that must be acquired to grant eligibility for a Golden Visa to 500,000 euros ($532,000) in certain parts of the country, according to an amendment tabled in Parliament on Wednesday. The...

The Golden Visa program of Greece is the most popular in Europe, as rich non-EU citizens are lining up to get theirs for a minimum investment of 250,000 euros ($244,300) that will be doubled. According to a recent survey provided...

The Cyprus House of Representatives approved a controversial measure that prevents property foreclosures through October. The bill was passed over the objections of the finance minister, who argued it would punish homeowners and small businesses that pay their mortgages on...