Luxury Real Estate Blog and News

Greek housing market still in decline

January 29, 2018 - Greece
Property prices have been falling since the third quarter of 2008, when the first signs of the Global Financial Crisis hit Greece.

Sotheby's International Realty Brand Expands Presence in Greece

June 16, 2017 - Rhodes
Sotheby’s International Realty (SIR) is expanding in Greece with a new office in Rhodes.

Rhodes property attracts more international buyers

July 04, 2016 - Rhodes
Inquiries from international property buyers in Rhodes, Greece, have risen by around 40%, says a top agent.

H3 House in Athens by 314 Architecture Studio

January 18, 2013 - Attiki
314 Architecture Studio completed a house in Athens, Greece, that was designed to give the sense of hovering over the water and sailing, inspired by the owners love for yachts.

Deep Discounts for Greek Island Homes

June 15, 2012 - Greece
Greek island homes, long coveted by millionaires and Hollywood stars such as Tom Hanks, are being marked down by as much as 45 per cent as the country’s debt crisis destroys demand for holiday getaways.

Greek government puts marinas up for sale

March 14, 2012 - Greece
Greece plans to sell off several marinas and ports in an attempt to prevent debt default.

Falling Property Prices In Greece Presents Opportunity For Investors

July 20, 2010 - Greece
Average real estate prices in Greece fell 7.7% in the first quarter of 2010 from a year earlier as the country steers through its first recession in over a decade.

Greece: Throne of The Gods

March 25, 2010 - Greece
As the cradle of Western civilization, Greece enjoys an enduring reputation as one of the Europe’s most popular travel destinations. The country also offers holiday home seekers everything from whitewashed houses on the Aegean Sea to villas nestled among the ancient ruins and stunning terrain of the Peloponnese peninsula. Welcoming more than nineteen million tourists in 2007, Greece has been consistently ranked as one of the top ten tourist destinations worldwide.

Greece advised to sell islands

March 05, 2010 - Greece
Greece should sell some of its uninhabited islands to raise cash to avoid bankruptcy, two German parliamentarians from Chancellor Angela Merkel's centre-right coalition suggested on Thursday. "The Greek state must sell stakes in companies and also assets such as, for example, unpopulated islands," Frank Schäffler, a member of parliament for the pro-business Free Democrats, told the Bild daily.

Tides are high for Greek island property

November 16, 2009 - Greece
The property market on the Greek islands is seeing healthy growth fueled largely by wealthy Europeans seeking accessible vacation homes. There are approximately 70,000 foreign-owned properties in Greece and buyers have noted that property value has as much as tripled in some cases over the past few years. Varied property types, location, and low construction costs on the islands have all been cited as reasons for sustained foreign interest.