The real estate boom of recent years has turned out to be manna from heaven for fraudsters, who have exploited growing demand to literally rent or sell air. According to industry professionals, the culprits are common scammers operating primarily online through social media and classified ads. In a case that recently came to light, a […]

The average sought-after rental price for properties in Greece recorded an 8.8% uptick in the 4th quarter of 2023

As the analysis notes, in 2022, a 68% surge was reported, with property investments reaching 2 billion euros, with the 9-month-term 2023 data marking a 29% uptick compared to the corresponding period of the previous year.

The new platform, called the "Property Ownership and Management Registry" (MIDA), aims to list all the details about the immovable property held by over 7 million taxpayers.

Residential prices in Athens were up an annual rate of 12% in 2023, according to Knight Frank

Southern and Southeastern European countries dominate the top positions in the ranking, with Croatia in second place (+13.7%), Greece in third, and North Macedonia (+11.0%) in fifth. The only outlier in this ranking is Colombia, standing fourth in the global index

Eurobank last week announced that its top management have already been relocated to the Bodosakis Building, renamed the “Eurobank Headquarters”, a noted structure in the heart of Athens.

One firm estimates that the Greek market is seventh, worldwide, in terms of popularity for purchasing luxury residences, having recently surpassed Portugal and Spain, which are in ninth and 14th place, respectively

Compliance with the specified conditions will be demonstrated by any appropriate means, and all relevant documentary evidence will be compulsorily entered into the 'e-Permits' information system upon application for pre-approval or certification of building conditions by the application administrator.

According to the provisional report on the Monetary Policy by the Bank of Greece (BoG), expectations for the near future remain cautiously positive, influenced by key factors such as international developments, high inflation, increased interest rate

When Brian Chesky and Joe Gebbia decided to rent out the mattress in the living room of their San Francisco home with breakfast, they probably had no idea they were laying the foundations for a short-let empire. A range of factors has made Greece a lucrative market for Airbnb, with obvious impacts both positive and […]

The CBRE report assessing the potential deficit from 2024 to 2027 highlights how property values have shrunk, exacerbating the challenge of refinancing

Property prices in Greece are surging at the fastest rate in Europe, as real estate costs far exceed the budget of the average Greek household, according to Bloomberg’s analysis

Policy changes and geopolitical shifts attract global investors in Greek real estate

Property transfer transactions in 2022 reached 112,283, compared to 104,746 in the previous year.

Lamda cited completion of foundation works for Riviera Tower, at the Ellinikon project

Figure Above One Billion Euros in H1 2023

Greece has established itself as one of the most attractive countries for foreign real estate purchases. Indeed, foreign investment has seen a 40% year-on-year increase, surpassing 1 billion euros in the first half of 2023 alone. This trend is most likely due to lower property prices compared to other countries, coupled with a high demand […]