The development and sustainability of the real estate market are critical issues for the economic prosperity and sustainability of a country. Despite significant efforts in the past, the inadequacy of a stable fiscal and legislative framework has often weakened efforts to sustainably develop the real estate market. In the current era, where globalisation and […]
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 […]
