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 January 1, 2006. In an address to a conference hosted by The Economist magazine, Mitsotakis noted that the Greek […]
The Athens property market is evolving into something of a mecca for investors with the required cash flow, especially if they manage to acquire assets at relatively low prices. In the first six months of the year the real estate market saw the inflow of 736 million euros in foreign funds, an increase of 94.6 […]
Greece’s housing market is gradually improving, holding the 48th spot among 57 global markets on residential and commercial property consultancy Knight Frank’s Global House Price rankings. The London-based agency released second trimester data for the year and according to Central Bank of Malta figures, prices increased by 17 percent year-on-year with only seven countries and territories (12 […]
