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Chinese Investors First in Taking Advantage of Greece's Golden Visa Program

The Golden Visa program is one of the most inventive projects created by Greece's Ministry of Economy to lure foreign investors in order to help the country's economy recover from the slump. The Golden Visa program is offering five-year residency...

The Peloponnese Dream Villa that Has Gone Viral (Photos)

Photos of a dramatic modern villa located in a remote location in the Peloponnese has captured the attention of architects and international fans online. The "Ypsilon Villa" was designed by LASSA, based in London and Brussels, and the architects involved in creating...

Rental Rates in Attica Decline While Prices for Short-Term Leases Soar

Although the rental rates for homes has dropped in Attica, the demand for short-term lease from the international market is still very active. According to Bank of Greece figures, the average rental rate for a home has dropped some 0.4...

Tom Hanks and Rita Wilson Sell Pacific Palisades Homes for $17.5 Million

Tom Hanks and Rita Wilson have sold two adjacent homes they had purchased in 2003 and 2007 in Pacific Palisades, for the incredibly large sum of $17.5 million. Pacific Palisades are one of the richest suburbs of Los Angeles, located...

The Most Expensive Greek Villa on the Market (Video)

The most expensive villa that you will find for sale in Greece will run you a whopping €20,000,000, or approximately $21,812,630 USD. "Kounoupi Majestic"  is the name of the villa and although it might be the most expensive property...

Property Taxes Continue to Increase While Owners' Revenues Decline

The currency card specialist FairFX recently conducted a survey which showed that Greece ranks third on the list of the top 10 best value destinations to buy a holiday home for Britons. However, for Greek property owners, the story...

Greece Ranks Third Among 10 Cheapest Countries to Buy a Holiday Home

Research conducted by currency card specialist FairFX recently revealed that Greece is among the top destinations for Britons to buy a holiday home. The data presented by FairFX shows that Greece ranks third on the list of the top 10...

Greeks Need 10 to 22 Documents to Sell a House

The Greek State requires an average of 10 documents -- in some cases up to 22 -- when a citizen wants to sell real estate property or accept a house as inheritance, according to a Kathimerini report. A new bill...

Turkish Nationals Buy Houses in Greece to Get Residence Visa

Dozens of Turkish citizens have bought houses in Greece in the past few months in order to take advantage of the "Golden Visa" program for aliens who invest 250,000 euros or more. According to "Greece My Residence: Golden Visa Program",...

Property Tax in Greece Went Up Sevenfold in 7 Years

In 2016, Greeks were called to pay seven times more in property taxes compared to 2009, even though they had to deal with a 25 percent drop in GDP and similar unemployment percentages. According to figures from the tax office,...