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Faliro Bay, Athens. Photo Source: Greek Marinas Association.
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Faliro Delta Revamp Project Set for Phase 2

The revamp of the Faliro Delta is set to move to the next phase after the Attica Region council said it would be allocating 90 million euros for project works.
Posted On 16 Mar 2018
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Photo source: Grivalia Properties
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Grivalia Acquires 80% Stake in Nafsika SA, Plans to Open Luxury Resort in Glyfada

Grivalia Hospitality SA has completed the acquisition of 80% of Nafsika SA, which holds the long-term lease of the Asteria property in Athens’ seaside district Glyfada.
Posted On 13 Mar 2018
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Demand for Athens Center Property Peaks

Demand for Athens center properties is increasing with investors planning to transform their buys into offices, boutique hotels and Airbnb-style units.
Posted On 12 Mar 2018
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Lakitira Resort & Villas, Kos Island
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Deloitte Carries Out Greece’s First ‘Special Liquidation’ in Hospitality

Deloitte was appointed "special liquidator" of Lakitira S.A. and helped safeguard the holiday plans of guests residing at the company's hotels in Greece.
Posted On 09 Mar 2018
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Greek Economy Growing Stronger Thanks to Investments

Stronger investment has boosted Greece’s economy for a fourth consecutive quarter in the October-December 2017 period, the Hellenic Statistical Authority (ELSTAT) said.
Posted On 07 Mar 2018
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Trainose Only Bidder for Greece’s Rolling Stock Maintenance Company

Greece’s train operator Trainose submitted a binding offer for the acquisition of 100 percent of shares in the Hellenic Company for Rolling Stock Maintenance SA.
Posted On 07 Mar 2018
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PwC: Greece’s Incomplete Infrastructure Works Worth €18.7bn

The backlog of infrastructure projects in Greece has grown to 18.7 billion euros, according to a study released by PwC Greece.
Posted On 05 Mar 2018
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Photo © Facebook - ΟΙ ΟΜΟΡΦΙΕΣ ΤΗΣ ΕΛΛΑΔΑΣ ΜΑΣ
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Ionian Region Seeks to Benefit from Skorpios VIP Tourism Project

The Ionian Islands Region and the Regional Division of Lefkada are aiming to tap into the popularity of Skorpios, once a major tourism project there is completed.
Posted On 05 Mar 2018
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Delphi on Mount Parnassos and the valley that leads to the coastal town of Itea.
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Delphi Municipality, Enterprise Greece Join Forces to Attract Tourism Investments

The Municipality of Delphi and Enterprise Greece have signed a memorandum of cooperation to attract tourism investments in the destination.
Posted On 03 Mar 2018
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South Aegean Property Market Booming, Investors Eyeing 5-star Hotels

Foreign buyers seeking to buy property in Greece are focusing on 3-4 bedroom villas on Mykonos, Paros, Santorini and Rhodes.
Posted On 01 Mar 2018
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Greece Real Estate Attracting Foreign Capital Inflows

Foreign investors injected the Greek economy with 503 million euros in capital in 2017 for the purchase of property, according to Bank of Greece data, marking an 86.5 percent increase compared to 2016, the highest in the last decade.
Posted On 01 Mar 2018
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Thermes hot water springs on Kos.
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Thermal Springs in Greece: An Opportunity for Investors

Investors were recently informed on Greece's effort to develop its thermal springs, an untapped and rich national resource.
Posted On 27 Feb 2018
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The Hellinikon project. Photo Source: https://thehellinikon.com
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Greece to Launch Hellinikon Casino Licensing Tender in Fall

The Hellenic Gaming Commission is set to announce an international tender for a casino license, paving the way for the Hellinikon project to get underway.
Posted On 26 Feb 2018
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HRADF Project Manager Panagiotis Mavraganis presenting the fund’s thermal spring properties that are up for privatization.
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Greek Thermal Spring Properties Up for Privatization

The Hellenic Republic Asset Development Fund (HRADF) announced privatization plans for seven thermal spring properties in Greece.
Posted On 26 Feb 2018
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The Hellinikon project. Photo Source: https://thehellinikon.com
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Greece’s Hellinikon Tourism Project Gets High Court Approval

The Council of State has decided that the presidential decree for the development of Athens former airport into a multipurpose resort area is legal.
Posted On 23 Feb 2018
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Photo Source: @elemed project
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EU ELEMED Project: Greece to Offer Shoreside Electrical Power to Seacraft

Shoreside power units will be installed at two ports in Greece, at Kyllini and Piraeus, as part of the EU’s ambitious ELEMED project.
Posted On 22 Feb 2018
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Port of Piraeus. Photo Source: Municipality of Piraeus
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Piraeus Master Plan Gets 10-day Extension for Deliberation

The period for public deliberation of the master plan for the revamp of the Piraeus Port has received a 10-day extension.
Posted On 21 Feb 2018
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Fourth Tranche for Greece Hinges on Hellinikon Project Approval

The Hellinikon investment project, set to be developed at the former Athens airport, is still hinging on the approval of the Council of State.
Posted On 20 Feb 2018
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Foreign Real Estate Agents Eyeing Greek Market

Foreign real estate agencies are aiming to get a bite out of Greece's booming market by offering their services to buyers seeking for properties in Athens and other destinations.
Posted On 20 Feb 2018
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Agios Efstratios. Photo Source: Municipality of Agios Efstratios
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Ai Stratis Earthquake-hit Village to be Restored

A village on the North Aegean island of Agios Efstratios is set to be restored 50 years after a fatal earthquake struck, destroying more than 2,000 buildings.
Posted On 20 Feb 2018
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