Foreigners invested 1.1 bln euros in property in January-June 23
Bank of Greece data show 1.1 billion euros flowed into the country from abroad in January-June, up 39.5% from last year, when foreign investments amounted to €788 million. Growth accelerated in Q2, when €605.8 million was invested, for a 46.2% yearly increase. Throughout 2022 €2 billion had flowed in, up 68% from 2021
Off-plan residential purchases gain ground in Greece
The Greek holiday home market has retained its upward momentum so far in 2023, unfazed by uncertainties in the global economy’s prospects, according to the latest quarterly analysis from Elxis, an expert realtor in the holiday homes market.
Concerns over Greek ‘amnesty laws’ for structures without permit
The devastating earthquakes that hit both Turkey and Syria have turned renewed attention to hundreds of thousands of structures legalized after the fact in Greece and how structurally sound they are.