Athens property looking good for investors

The investment prospects of the Athens property market are looking up after four years. According to the latest annual survey by PricewaterhouseCoopers for the Urban Land Institute, the Greek capital has climbed 15 spots in the chart for 2019 prospects, making it the 14th most attractive city for investment in properties among the cities surveyed [...]

By |2019-02-24T20:23:25+00:00February 11th, 2019|Property|0 Comments

Buying Greek property makes sense

Greek real estate has regained its appeal for investors, both foreign and domestic. Last year was pivotal toward this direction, as the economy’s return to growth and confidence regarding the country’s position in the eurozone have boosted investment prospects and encouraged many funds to actively seek more deals in various segments. Property investment was a [...]

By |2019-02-24T20:27:40+00:00February 11th, 2019|Analysis, Property|0 Comments

Foreign firms niche in on Greek property

A n international network promoting Greek apartments and holiday homes in select countries has started developing over the last few months, as a result of the growing demand by foreign investors for properties in Greece. This has seen the emergence of platforms advertising local assets in countries with a traditionally high interest in the purchase [...]

By |2019-02-24T20:28:30+00:00February 11th, 2019|Business, Property|0 Comments

Foreign property buyers return

Home purchases by foreigners in Greece moved back up to 2014 levels last year, mainly thanks to the considerable recovery seen in transactions over the last few months of 2016. According to Bank of Greece data, the value of residential properties sold to foreign investors grew 34.5 percent year-on-year to reach 250 million euros, from [...]

By |2019-02-24T20:28:56+00:00February 11th, 2019|Property|0 Comments

Greece is a tourism property top pick

Greece has evolved into a leading destination for hotel and holiday property acquisitions as well as the development of tourism complexes, according to a joint survey by Russian property firm Tranio and the organizers of the Mediterranean Resort & Hotel Real Estate Forum, which is taking place in Greece this week. The survey shows that [...]

By |2019-02-24T20:29:21+00:00February 11th, 2019|Property, Tourism|0 Comments

Property investment companies see big capital gains in hotels

Hotels are playing an ever greater role in the investment portfolios of property investors, especially those of real estate investment companies (REICs). Since the start of the year firms in the sector have spent more than 130 million euros on existing hotel properties and buildings they intend to turn into hotels. Last week BriQ [...]

By |2019-02-24T20:29:53+00:00February 11th, 2019|Business, Property, Tourism|0 Comments