NIKOS ROUSSANOGLOU

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The government’s support measures for the economy and for households in the face of the pandemic played a key role in maintaining the rising course of property sale prices in Greece last year, rating agency DBRS Morningstar says in a report.


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26.07.2021 / 23:06

The Greek holiday home market is now almost exclusively controlled by foreigners, as the vast majority of transactions concern investors from abroad.


26.07.2021 / 19:30

Short-term property rentals, such as those offered by Airbnb, Booking.com and HomeAway, are on course for recovery from the pandemic and back up to 2019 levels, especially at popular tourism destinations like the Aegean island of Mykonos.


23.07.2021 / 20:03

The local residential market is becoming increasingly attractive as a form of investment for both Greek and foreign buyers, as the gradual recovery of prices is generating expectations for future capital gains among those who have positioned themselves in the market in time.


21.07.2021 / 19:49

Lamda Development is eyeing the creation of a new commercial and tourism attraction for visitors from Greece and abroad with a complete makeover of the entire Elliniko plot’s seafront, stretching across 3.5 kilometers.


19.07.2021 / 22:45

The drop in Golden Visa issues in 2020, due to the pandemic, is evident from the revised official data, which showed only 938 new five-year residence permits had been issued for investors who brought a total of 234.5 million euros into the country last year.



14.07.2021 / 04:00

The residential market in Greece is picking up again, as the return of the economy to some semblance of normality appears to have whet the appetite of owners who have raised their asking prices for sales and rentals in most areas of Athens and Thessaloniki, according to the Spitogatos Property Index (SPI).rou


09.07.2021 / 23:00

Greece’s major construction groups are looking forward to the decline of the phenomenon of excessive discounts for undertaking public projects as of the next few months.


07.07.2021 / 11:57

Residential property rates are projected to post an average annual increase of 4.9% up until 2027, when they are expected to revert to the level they were at before the outbreak of the financial crisis – i.e. 20 years earlier – according to a Piraeus Bank analysis.


30.06.2021 / 21:30

The asking prices for residential property on Greek islands have soared in the last year, with hikes reaching up to 26%, in the case of the Cycladic destination of Serifos, where the average rate comes to 2,650 euros per square meter, according to the Spitogatos Property Index.


29.06.2021 / 22:45

Net foreign direct investments in the Greek real estate market recorded a reduction of 7.3% in the first quarter of this year compared to the same period in 2020, according to the monetary policy report of the Bank of Greece, tabled on Monday in Parliament.


29.06.2021 / 16:40

Elliniko mega-project contractor Lamda Development has been approaching selected candidates for its planned Marina Towers luxury apartments, at rates starting from 7,500 euros per square meter and up to €26,200/sq.m., depending on the view and level.


08.06.2021 / 22:18

Over the next few months Greece’s Golden Visa program, which offers five-year residence permits to non-EU citizens who invest at least 250,000 euros in Greek property, will need to cover the ground lost due to the pandemic if it is to return to the world’s leading position that it occupied in 2019. Data show that […]