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Travel & Tourism industry news by Greek Travel Pages (gtp)

Fraudsters Seeking to Cash in on Greece’s Airbnb Fad

Aiming to profit from the short-term rental fad, all the more individuals posing as realtors are emerging, says Greece's Real Estate Federation.

Home Sharing a Lifeline for Greece’s Middle Class, Says SODIA Association

Short term rentals have played a lifesaving role for struggling middle class Greeks who were hit down by the economic crisis, according to the SODIA association.

Greek Short-term Rental Bodies Join Forces to Promote Interests

Three Greek home-sharing associations have joined forces to promote their common interests and ensure the quality and services offered by their members.

Greece Looking to Add Restrictions to Airbnb-style Rentals

In view of the soaring number of short-term home rentals in Greece, the country's government is reportedly looking into ways to restrict the practice.

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.

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.

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.

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.

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.

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.

Greece Properties Selling to Foreigners, Golden Visa an Incentive

All the more foreign nationals are interested in buying property in Greece with the real estate market picking up pace, particularly due to the golden visa program.

Foreigners Boost Greek Property Market in First Half of Year

Foreign buyers spent €220 million on property in Greece in the first half of 2017, boosting capital inflows by 63.4% compared to the same period in 2016.

Hotels, Offices Keeping Greece Real Estate Market Afloat

The Greek property market is barely staying afloat with rents showing minor increases and buyers eyeing offices and hotels.

Greek Properties Prime Buys for Luxury Holiday Home Buyers

Mykonos, Santorini, Paros and Rhodes are among the top choices for buyers seeking to invest in luxury holiday accommodation.
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