Both international and domestic demand for home purchases in the popular tourist areas of Greece is especially strong, with in some cases the number of requests for home purchases more than doubling compared to previous years. In particular, in the first four months of this year, Mykonos stands out in the tourist area with the…
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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…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.