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real estate

Piraeus Bank Raises More Than Three Million Euros From Property Sales Via E-Bidding

Piraeus Bank, Greece largest lender, announced on Friday that it has completed its eighth round of e-bidding in November, approving the sale of 30 properties, with sales totaling €3.18 million. More than 260 individuals and legal entities expressed an interest...

Chinese Investors Rush to Greece for Golden Visa

The Chinese are setting records for the number of so-called "Golden Visas," or investment visas, they are obtaining in Greece, according to statistics released recently by the Greek government. Chinese investors account for an amazing 68 percent of all Greek...

American Gaming Giants Battle for Athens Casino Rights

American gaming giants Mohegan and Hard Rock International will battle for the rights to build a casino on the site of the former Athens airport at Ellinikon, as part of an enormous resort on Attica's coast. Mohegan has proposed a...

Piraeus Bank Announces New Auction for Greek Real Estate Properties

Greek banks have intensified their efforts to sell properties owned by them through auctions after the summer lull, which was largely caused by the general elections in July. Piraeus Bank, Greece's largest lender, announced last week that it will hold...

Greece Freezes VAT on New Building Permits to Boost Housing Market

In an attempt to boost the Greek real estate market, PM Kyriakos Mitsotakis announced on Wednesday a three-year suspension of VAT payments on any new building permits as well as those to be made on unsold properties built after...

"Inspire Athens": Mohegan's Plans for New Ellinikon Casino Revealed (video)

The American gaming giant Mohegan revealed its design on Tuesday for an Athens casino to be built at the former Hellenikon Airport south of the Greek capital. The casino, which is quite futuristic in appearance, will be named "Inspire Athens" and will...

Foreign Investment in Real Estate Nearly Doubles in Greece in 2019

According to official data published recently by the Bank of Greece, foreign investment in Greek real estate grew by a stunning 94.6 percent during the first half of 2019, compared to the same period last year. Between January and June...

Greece to Offer Limited Number of Citizenships to Major Real Estate Investors

The Greek government plans to introduce a limited citizenship-granting scheme to non-EU nationals who wish to invest more than €2 million in the country's real estate market, it was disclosed on Thursday. According to media reports, Greek authorities are reviewing ways...

Foreign Investment in Greek Properties Skyrockets in First Half of 2019

According to the latest data published recently by the Bank of Greece, the foreign capital flowing into Greece to buy properties during the first six months of 2019 showed a staggering increase of 49 percent compared to the same...

Six Skyscrapers to be Raised at Athens Former Hellinikon Airport

Development and Investment Minister, Adonis Georgiadis, said on Monday that six skyscrapers will be build at Hellinikon, where a long-delayed gigantic development project is slated to begin. In an interview with SKAI television, Georgiadis added that the plans for the...