Greece
Real Estate News

Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

A number of global cities are seeing sales volumes continue to recover with April looking to be the low point for residential activity. Read More »


Manila is World's Top Housing Market for Price Appreciation at 22 Percent Annually

Manila is World's Top Housing Market for Price Appreciation at 22 Percent Annually

The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent Read More »

Global Home Price Growth Slows to a 6-Year Low in Q3

Global Home Price Growth Slows to a 6-Year Low in Q3

According to global real estate consultant Knight Frank, home prices across 56 countries and territories worldwide are rising at an annual rate of 3.7% on average. This marks the index's slowest rate of growth for over six years. Read More »

Europe Overtakes U.S. Hotel RevPAR Growth, First Time Since 2010

Europe Overtakes U.S. Hotel RevPAR Growth, First Time Since 2010

Hotel consultant STR is reporting this week that 2015 marked the first year since 2010 in which the European hotel industry passed hotels in the U.S. in year-over-year revenue per available room (RevPAR) growth. Read More »


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Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated July 10, 2020 9:00 AM ET

Greece Property News

The luxury real estate market on Rhodes is starting to stabilize now that Greece's future in the Euro seems secure, reports international real estate consultancy Engel & Völkers.

Yesterday's 'No' vote on the Greek referendum on austerity measures is going to have an impact on property market investments in the region, reports Andrew Burrell, Head of Forecasting at JLL.

According to STR Global, the European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, Euros and British pounds for February 2015.

According to Cushman and Wakefield, Europe, Middle East and Africa (EMEA) will enjoy a significant increase of property investment activity in 2015.

With the holiday season now in full swing, many across Europe are making travel plans to enjoy the upcoming winter holiday in one of many great getaway spots across Europe.

Cycling tourism is a fast growing global business.

Retail real estate investment in Europe enjoyed a strong quarter as the Q2 volume reached €9.6bn, up 86% from the Q2 2013 volume of €5.2bn.

International real estate consulting firm Knight Frank is now reporting that their Global House Price Index has risen for eight consecutive quarters.

Hotels in Athens reported significant performance improvement in 2013.

Getaway cities will deliver the best growth in the next five years.

Rhodes is enjoying new record luxury home prices in the first quarter of 2014.

U.S.-based private equity firm NCH Capital Inc. gained permission from the Greek government to build a resort on the island of Corfu, Bloomberg reports. The firm will spend 23 million euros ($32 million) for the leasehold and invest approximately 75 million euros.

Cash-strapped Southern European nations are seeking to lure Asian capital through programs that allow property investors to claim residence status in the European Union. Portugal, Cyprus and Greece have all introduced such schemes, while Spain has one in the works.

Singapore-based luxury resort operator Banyan Tree Holdings Limited plans to expand its footprint.

Want to start a debate? Tell a discerning traveler that such-and-such hotel has the greatest art collection of any hotel in the world. See what happens. More than likely, you'll have a lively discussion - or argument - on your hand.

Global property prices increased by 6.6 percent in the year to March, the highest rate since the second quarter of 2010, according to the Knight Frank Global House Index released today.

The European press is buzzing with reports that the emir of Qatar has purchased six Greek islands for about €8.5 million ($11.1 million). Sheikh Hamad bin Khalifa al-Thani, who reportedly likes to yacht in the Greek isles.

Real estate, and especially commercial real estate, is beginning to play a strong role in the economic recovery of Greece, according to brokers, bankers and consultants in Athens and London. One big reason is the coalition government led by conservative Prime Minister Antonis Samaras that came to power in June has impressed some investors. Samaras promised to do everything needed to keep bailout funds flowing, easing fears of bankruptcy and leaving the Euro zone.


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