real estate

The Greek Finance Ministry announced that the introduction of a capital gains tax on property sale will be postponed for another two years, until December 31, 2016, through legislation to be tabled in Parliament on Friday. The new law is...

With the upcoming bill that will give foreigners a renewable residency permit if they invest at least 250,000 euros in property, real estate agencies abroad try to lure investors and well-to-do individuals to buy property in Greece. In an effort...

Greece holds a unique record in Europe: six in ten Greeks own some sort of real estate property, with the total value of their assets reaching 520.5 billion euros. According to Imerisia newspaper, the total assessed value of real property...

During the last five years,  Church of Greece revenues have decreased by 70%. Βelievers offer fewer donations, while the number of sacraments performed in churches has dropped due to the financial crisis. At the same time, many properties belonging to the Church...

In recent years, more and more foreign real estate agents and companies show an active interest in the Greek real estate market. According to a chart examined by British website TheMoveChannel.com, during the period from September 2013 until August 2014,...

Property values in Greece continue to drop as the Greek economy struggles to recover. Greek real estate has lost 7.3% of its value compared to last year, according to a survey released by the Bank of Greece. Based on revised data received from...

“The international jet-set appeal of Mykonos has helped the island escape some of Greece’s economic woes. Prices have fallen since 2008, real estate agents said, but sales never completely stopped, and a new wave of buyers from the Middle...

House buyers in Greece today are mostly people with families, aged 30 to 55, and the vast majority pay in cash, according to the findings of a survey on the 'Profile of today's house buyers' presented on Thursday by...

Greek investors and Chinese real estate companies are gearing up to build the Greek China Town next to Athens International Airport. A new property of 120 hectares will be added to the city plan, paving the way for large-scale...

Bank of Greece data has revealed overtaxation of properties and lack of demand have resulted in almost 250,ooo properties being unsold in Greece, dragging house prices by 40%. However, real estate market experts believe that buyers can even find properties with prices...