Greek PM declares ENFIA property tax reduction

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13.09.2021

The Greek Prime Minister unveiled a number of tax cuts and a list of measures aiming at securing household income. The announcement was made during the 85th International Fair in Thessaloniki.

An impressive italian redevelopment

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10.09.2021

Work is now underway on the construction of CityWave, a new office building that marks the completion of the CityLife business district in Milan.

Greek apartment prices keep an upward trend

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10.09.2021

Ιn the second quarter of 2021, the annual rate of change in apartment prices for the entire country stood at 4.6%.

Student housing emerges as the most profitable RE sector

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10.09.2021

Student housing is considered to be one of the most profitable sectors in real estate industry.

Aris FC new football court

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09.09.2021

More than €170 million is expected to reach the total investment for the Aris FC in new football court that will be developed in Thessaloniki, Greece.

Property owners are shifting away from short term rentals

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09.09.2021

The Covid-19 pandemic in 2020 has dealt another blow to the short-term rentals industry, with the restrictive measures taken by governments around the world affecting travel and tourism in general. This downward trend seems to continue in 2021 according to the AirDNA latest data. The reduction of registered properties in the short-term rental platform Airbnb reaches 39.95% with the total registered properties numbering 4,996 when in 2019 the same time period was 7,684.

The new street plan for Assyrmatos area in Agios Demetrios Municipality

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08.09.2021

With the Presidential Decree that was issued lately, was revised the already approved street plan of the Municipality of Agios Dimitrios and in particular the building blocks circled by Asyrmatou, Elpidos, Agoniston Polytechniou, Filiki Etaireia and Messinia streets.(Asyrmatos area)

Northern Aegean based hotels almost fully booked in August

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08.09.2021

In the peak of this year's tourism season the majority of Greek hotels located in Dodecanese and the Cyclades are recording high occupancy rates, according to a recently conducted Research Institute For Tourism research.

Black Delta Entertainment acquires NBG personnel's premises in Parga

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08.09.2021

The premises that used to housed the Mutual Health Fund of National Bank of Greece personnel's camps, that is located in "Klimati" region of Loutsa in Parga, were acquired by the Black Delta Entertainment Services SA through auction.

Lamda Development inks strategic deal with TEMES

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08.09.2021

The overall investment for the development of the two hotels and the respective branded residences is estimated to reach €300 million.

FOURLIS launches new store in Sofia, Bulgaria

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08.09.2021

Drawing on the anniversary of 10 consecutive and successful years of operation since the opening of the first IKEA store in Sofia, Bulgaria, FOURLIS Group is announcing the creation of a new store in central Sofia.

Ektasis Development offloads its real estate portfolio

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08.09.2021

Ektasis Development properties were disposed of through a tender process that has attracted the interest of the majority of the Greek REICs.

Another move forward for the Asteria Glyfadas redevelopment project

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08.09.2021

The Central Council of Architecture (KESA) approved on Thursday's meeting the architectural study for the Asteria Glyfadas refurbishment according to the Hellenic Ministry of Environment and Energy.

New legal framework for Parnitha casino relocation to Maroussi

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08.09.2021

Greek government has comprised in the bill of the Health Ministry entitled “Urgent arrangements for the protection of public health from the ongoing consequences of the COVID-19 pandemic and the reopening of Greek courts and other issues ”, details on the procedure and conditions for Parnitha casino relocation to Maroussi suburb. The bill has been submitted for vote in the Greek parliament.

Restoration works in Esperia Hotel Athens to begin shortly

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08.09.2021

Greek authorities have issued the necessary building permits for the restoration of the historic Athens Esperia Hotel.