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Property prices rose by 11.8% in the fourth quarter of 2023, while for the whole year prices rose by 13.4%, according to recent data from the Bank of Greece. Based on the age of the property, the annual rate of change in prices for new apartments was 11.0% and for old apartments at 12.4%. Based…

Intense interest from British, American, and other investors from countries outside the EU (e.g. from Israel, Canada, etc.) has been registered in our country recently. The interest is focused on holiday homes located around the cities in popular tourist destinations in Greece and was manifested to a greater extent after the changes made to the…

The so-called digital map is heading towards completion where everyone will be able to know what and where they can build. The project, which is run by the Technical Chamber (TEE), is expected to be completed within the next 6 months. Through the digital project, the creation of an integrated information system is promoted, which…

Repayment of ENFIA in 11 installments, suspension of VAT on property transfers until the end of 2025, measures to limit the Golden Visa, foresees the government’s plan to contain property prices as well as rents. The above changes were announced at the POMIDA conference by the Minister of National Economy and Finance K. Hatzidakis and…