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Travel & Tourism industry news. A Service by Greek Travel Pages (gtp)
 

Greece Ranked 7th Most Appealing Hotel Investment Destination

Greece is seventh among the top 10 European countries attracting the interest of investors seeking to tap into the hospitality market, according to Tranio.

Greek Real Estate Market Picks Up Pace Driven by Tourism, Golden Visa

Greece’s property market is stabilizing in large part aided by the increase in tourism and home-sharing practices, according to the Bank of Greece.

Hotel Sector Contributes to Greek Economy, BoG Report Finds

The Greek hotel sector in the 2010-2017 period contributed to Greece's economy in terms of employment, the Bank of Greece (BoG) said in its Interim Report on Monetary Policy 2018.

TEMES SA Expands into Real Estate with New Residential Tourism Products

Taking its multi-awarded luxury tourism resort Costa Navarino in Messinia, a step further, TEMES SA is expanding into real estate with two new residential tourism products.

Real Estate in Greece: Four Reasons Why to Buy

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.

PwC: Athens Moves Up as Most Attractive Property Market in Europe

Athens is emerging as one of the most attractive property markets in Europe, rising to the 14th spot on a city ranking released by PwC.

Investors Eyeing Greece for Resort & Hotel Real Estate, Says Survey

Greece, Spain and Italy have been ranked at the top as being the most attractive countries in the Mediterranean for investors.

Greek Property Market on Slow but Steady Upward Path

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.

Greek Holiday Home Market Making Comeback

The Greek market for holiday homes is picking up pace with going prices for properties on main island destinations increasing in the first half of 2018.

Greece Top Choice for Luxury Holiday Home Rental in the Med

Interest for high-end properties on the Greek islands of Mykonos, Santorini, and Paros is peaking this summer, according to an annual report released by Algean Property.

Greek Property Market Bouncing Back, Prices on the Rise

Greece’s property market is showing signs of recovery with prices moving upward by 1 percent and set to rise further, according to RE/MAX Greece.

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.

Greek Property Market Showing Signs of Recovery

Greece’s property market appears to be recovering thanks to returning confidence and to increased tourism which is propelling demand for holiday homes.

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.

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.

Greek Real Estate Tax Hinders Property Investment Market

The Greek economy is losing in foreign investment due to a levy imposed on real estate investment companies (REICs) as of 2016.

Greek Property Federation: Overtaxation Turning Away Investments

Overtaxation is turning away investors, while buyers are spending money on real estate in tourist destinations, according to the Hellenic Property Federation.

Turkey Nationals Feel Safe to Buy Property in Greece

All the more investors from neighboring Turkey are seeking to purchase property in Greece, citing concerns about the stability of the Turkish lira.

Real Estate Interest in Athens Still Weak, Study Says

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.

Greek Hotels Becoming Attractive Investment Option

Increasing tourism flows and dropping prices are making Greek hotels an attractive investment choice with hospitality units on the islands winning over buyers.
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