More than 350,000 property owners will see an increased property tax bill (ENFIA), about 880,000 will pay the same tax, while the majority, i.e. 5 million owners, will see a significant reduction in this tax. As a result, most homeowners are either small or medium, and some have large properties. Conversely, those with very large…
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Inflation is projected to fluctuate at 3.1% this year and 1.1% in 2023 Real GDP in Greece grew by 2.7% (quarter-on-quarter) in 2021-Q3, reflecting strong export performance and a significant contribution from private consumption. The notable recovery in tourist inflows over the summer helped the economy to reclaim a significant part of the previous losses…
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The establishment of a special purpose company is envisaged The establishment of a special purpose company of Brook Lane Capital with Hellenic SA Lamda Development was announced with the purpose of jointly developing a mixed-use tower in Ellinikon in the area of Vouliagmeni AvenueIn the announcement of. The value of the investment amounts to 200…
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The prices of winter holiday homes in Greece record an increase for another year, following the trend that prevailed in 2020 as well. According to research by E-Real Estates, the winter cottage market is a sector that experienced rapid growth in 2005-2008. In the following years, a rapid decline in holiday prices was recorded in…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.