Nevertheless the realty rate inflation shows signs of abating, according to the Bank of Greece Nikos Roussanoglou 06.03.2024 • 13:26 Sales prices of residential property increased last year at an average annual rate of 13.4% throughout the country, according to data from the Bank of Greece. This is even steeper than 2022, when […]
The allure of European residency through investment has propelled Greece’s Golden Visa program to the forefront of investor considerations. As of early 2024, the Greek government has introduced significant revisions to this sought-after program, aiming to streamline investment opportunities and stimulate economic growth. For potential investors eyeing Greece as a destination for residency, understanding these […]
The Greek housing market has doubtlessly slowed down this year, with the sale price growth rate declining for six consecutive months. Based on data from the first quarter of 2020, the slowdown marks are clear, as most areas observed a lower pace of price growth compared to the fourth quarter of last year. Across Greece prices grew at an annual […]
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 […]
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 […]
