Athens Riviera: big investments drive change in the luxury property market
According to Premier Realty, ongoing investments are strengthening demand from both Greek and high-net-worth international buyers, who are seeking modern residences with an emphasis on sustainability, ...
Greece becomes top choice for US and Canadian holiday home buyers
According to data from Elxis – At Home in Greece, demand from these two markets increased by 50% during the first half of the year, confirming the expansion of the international client base in the Gre ...
M.I.D.A. reform allows E9 adjustments without fines or retroactive ENFIA charges
According to a statement by the Panhellenic Property Owners Association (POMIDA), Article 128 of the law substantially improves the institutional framework of the forthcoming Property Ownership and Ma ...
Gold pulls back after strong rally
The nearly 29% decline from the record high of US$5,594 per ounce has once again highlighted the inherent volatility of gold, despite its long-standing reputation as a safe-haven asset.Following a ...
Housing construction costs across Europe increase by 48% over a decade
According to the latest edition of Eurostat’s Key Figures on European Business 2026, the producer price index for the construction of new residential buildings increased by 48.2% between 2015 and 2025 ...
ELSTAT: 4.3% increase in construction materials for new housing in May
More specifically, the General Price Index of Construction Materials for New Residential Buildings, with base year 2021=100.0, recorded an increase of 4.3% in May 2026 compared with the same month of ...
€1.15B grid interconnection project awarded to Cenergy Holdings
The total value of the agreement amounts to approximately €1.15 billion and concerns one of the largest energy infrastructure projects planned in Greece in the coming years.Under the agreement, He ...
Tour of the new Komotini General Hospital construction site
It reflects a fundamentally different design philosophy. The hospital has been conceived not only as a facility for treatment, but also as an environment of care in which architecture, nature, and tec ...
Overpricing reduces a property’s chances of sale by up to 55%
The analysis, based on 4,679 property listings, 822 completed transactions, and more than 1,000 discussions with property owners, highlights the hidden asymmetries of the housing market and demonstrat ...
Property tax reforms introduce new ENFIA rules and fines for misreporting
The new provisions introduce significant changes to property reporting requirements, the calculation of ENFIA (the Unified Property Ownership Tax), and the obligations of property owners, tenants, and ...
VIANEX invests €12.5M in new R&D Centre in Patras
The investment, amounting to €12.47 million, was implemented under Greece’s National Recovery and Resilience Plan “Greece 2.0”, funded by the European Union’s NextGenerationEU programme, and aims to s ...
Greece’s Growthfund rebrands as the National Development Fund
The announcement was made by the Minister of National Economy and Finance, Kyriakos Pierrakakis, during the Growth Fund Investor Summit 2026, where he presented the organization’s new strategic operat ...
Deployment timeline for the New Coradia stream trainsets
Specifically, according to an announcement by Hellenic Train, the testing programme included:Certification tests of the energy subsystem at speeds of up to 160 km/h, conducted on the Platy–Kateri ...
Legislative regulation for Katseli Law debtors tabled in Parliament
Pursuant to the decision of the Plenary Session of the Hellenic Supreme Court issued in February, it is recalled that interest on loans governed by Law 3869/2010 (the “Katseli Law”) must be calculated ...
The Ellinikon gathers pace, targeting 1,500 residents in 2027
As stated, approximately 500 apartments are expected to be occupied between 2027 and the end of 2028, marking the transition of the project from the construction phase to the gradual emergence of a fu ...