Real Estate

Greek Property Market Sees Unprecedented Increase in Rates

Foreign investments in Greek property is giving owners hope. Average asking prices for apartments in central Athens sees a 313 percent annual increase.

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BUSINESS & TECH

Marina Approved for Planned Elounda Hills Resort on Crete

Mirum Hellas, which belongs to Russian property investor Vitaly Borisov, is planning to begin work at Elounda Hills in 2020.

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Real Estate

Elliniko to Host Big Sea Aquarium

The aquarium is to be constructed inside the sea, in the coastal area of the Athens airport plot at Elliniko.

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Statistics

Foreign Investors are Spending More on Greek Real Estate

The total inflow of funds might come to 3 billion euros in 2019 - a historic high for the Greek property market.

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Property

Cosco to Transform Piraeus Port Buildings into Hotels

Cosco may transform three large buildings by the port of Piraeus into hotels, said the Hellenic Ministry of Culture and Sports.

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Real Estate

Airbnb Brake: Short-Term Rentals Subject to New Restrictions

The huge growth of the short-term rental market has had some negative effects, leading the government to discuss new restrictions.

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Real Estate

Property Owners See Rent Revenues Double Thanks to Airbnb

Homesharing sites like Airbnb have allowed property owners in popular destinations to boost their incomes, and helped put new regions on the tourism map.

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Real Estate

Airbnb Market Booming in Athens

Demand for properties is highest in the center of the capital and along the so-called Athens Riviera.

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