With Greece’s exit from its bailout predicament, the country’s property market has begun to attract interest from foreign buyers, according to a report by property brokers Tranio.
Athens ranked 29th among 31 European cities in terms of property market investment and future development, a study by PwC and the Urban Land Institute (ULI) revealed.
Henderson Park and Hines have announced the start of a 200-million-euro residential development project in the prestigious Voula suburb on the Athenian Riviera.
The Greek golden visa became the leading residency-for-investment programme in Europe by the relative demand growth in the first half of 2022, says Tranio.
Greece’s golden visa program has seen an impact due to the Covid-19 pandemic with the number of visas and residence permits having dropped significantly since the start of 2020.
Suspending the "stayover tax", imposed on hotels, is among 10 proposals tabled by the Economic Chamber of Greece in view of the coronavirus' impact on Greece’s economy.
Greece’s short-term rentals may have saved many struggling Greeks during the economic crisis years, but the practice needs immediate regulation, says INSETE.
