Real estate auctions under the new legal framework

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28.10.2021

Changes concerning the way of determining the auction price of a property after a barren tender without a previous court decision provided until now by law, but also the possibility of joint bidding, ie the acquisition of a property by more than one new owner either naturally or legally persons recently voted in Parliament.

Ahead of the digital transformation with €1.314B available financing

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28.10.2021

More than 450 digital projects with a total budget of €1.314 billion are been launched by the Ministry of Digital Governance for the "Digital Transformation of the state" according to what Minister Kyriakos Pierrakakis said during his speech at the 4th Athens Investment Forum.

BoG:travel service balance surplus boosts current accounts

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28.10.2021

Greek current accounts recorded a surplus in the first 8 months of 2021 and among alias the improvement in the travel service balance has been critical on this results.

The Greek Cadastral Office terminates operations of regional offices

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28.10.2021

The Greek Cadastral Registry has announced the abolition of the Special Unpaid Mortgage Office of Sikyon Nafpaktos and Messolonghi.

hort term rentals pros and cons

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26.10.2021

According to the European Committe's recent Eurobarometer, 29% have booked short-term rentals through online platforms at least once and 89% considering this a positive experience they would recommend to others.

13,45% jump in natural gas consumption

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26.10.2021

An increasing trend of natural gas consumption in Greece has been recorded, according to DESFA’s data for the first nine months of 2021

The top real estate tycoons for 2021

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25.10.2021

The group of real estate tycoons on this year’s Forbes 400 has been unveiled. The list of richest Americans comprise also those who have fallen off a bit such as Donald Trump, with an estimated net worth of $2.5 billion.

Intrakat halts undergounding works in Agia Sofia project

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25.10.2021

Although the development project of AEK FC's new football court is in progress, Greek authorities have ordered to have the undergrounding works been paused.

Iconic Greek real estate properties are to be disposed in auction

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25.10.2021

Steady pace of real estate property auctions in October.

The Greek State shifts into "greener" real estate properties

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25.10.2021

The Greek real estate gives priority to "green" real estate properties. According to a bill promoted by the Ministry of Environment and Energy the Greek State will buy or rent only energy efficient buildings.

Forest maps' adjustments period has been extended

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25.10.2021

A new four-month extension for the submission of objections against the content of the forest maps was provided, by the bill for the Energy efficiency that was submitted in parliament.

INTRACOM HOLDINGS sells INTRASOFT for €235M

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25.10.2021

INTRACOM HOLDINGS announced that, the Group’s subsidiary INTRACOM TECHNOLOGIES S.a.r.l, has entered into binding agreement with NETCOMPANY GROUP A/S for the sale and transfer of the total outstanding shares of INTRASOFT INTERNATIONAL, a leading European provider of advanced IT solutions and services with strong international presence and expertise.

Inflation in Greece jumps 2,2% in September

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25.10.2021

The CPI in September 2021 compared with September 2020, increased by 2.2%, according to the figures unveiled by ELSTAT earlier today.

Greek banking sector enhances mortgage financing

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25.10.2021

Consumer demand for mortgages has increased according to data cited by the Athens Macedonia News Agency, since many peopler are seeking to acquire their own resindence. This effort is also being stimulated by privileges that the Greek government offers to prospective debtors.

Intense interest for the Greek real estate objective values

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25.10.2021

Millions of clicks in the application valuemaps.gov.gr have been recorded in the first four months that the platform has been online. The valuemaps.gov.gr comprises a geospatial display of objective values and the calculation of the value of real estate properties.