Tag: Greece

After two years of rapid growth, Greece’s Golden Visa program saw a year-over-year decline in application volume for the first time in April 2025. This has raised questions: is this a sign of waning investor enthusiasm, or merely a temporary slowdown before another surge? Based on the actual data and market trends, it appears to […]

Amidst growing tourism demand, Greece’s short-term rental market officially surpassed the milestone of one million beds in April 2025—three months earlier than in 2024—marking a pivotal moment in the reshaping of the country’s accommodation landscape. According to data released by the research institute of the Greek Tourism Confederation (INSETE), the number of beds available on […]

Hotel prices in Athens and Attica in general continue to rise, as do arrivals, despite a significant increase in hotels and even more in other available accommodation. Demand for travel to Athens is so strong that in addition to the 715 hotels with a total of 35,000 rooms available, according to data from the Hellenic […]

In the first quarter of 2025, residential property prices in the northern suburbs of Athens continued their upward trajectory. The latest data reveals that the average price in the area has reached €3,222 per square meter, representing a 7.4% increase compared to €3,000/m² in the same period of 2024. This rise is primarily driven by […]

According to the 2024 annual tourism report by INSETE, the research arm of the Greek Tourism Confederation (SETE), Germany and the UK remain the top sources of inbound tourism to Greece, while Bulgaria ranks third thanks to convenient land access. The report provides detailed insights into visitor numbers, length of stay, and tourism revenue across […]

More and more diaspora Greeks invest back in their homeland, as the search for a quality lifestyle meets the opportunities of the Greek real estate market. Behind every purchase, there is something deeper: A need to go back to the roots. As Corina Saia, CEO of a real estate company, reports, in recent years there […]

To strengthen oversight of the real estate market and curb tax evasion, Greece’s Ministry of Finance is promoting a major reform: starting in 2026, rent payments will be completely prohibited in cash and must be made through bank transfers. This new regulation will apply to all residential and commercial leases nationwide. Important Notice for Landlords […]

As the 2025 peak tourism season approaches, Athens International Airport is witnessing significant growth in both international connectivity and passenger capacity. The airport has welcomed five new international airlines—including China’s Sichuan Airlines—further solidifying its strategic role as a regional aviation hub. In addition, Athens and the Chinese city of Shanghai have officially signed a three-year […]

Following a period of strong growth, Greece’s real estate market set a new record in 2025, with the total value of properties nationwide reaching €777.8 billion—an increase of €5.9 billion compared to 2024. This growth reflects the ongoing upward trend in the real estate market and the renewed confidence of investors. Attica Leads the Nation, […]

As global talent mobility reshapes the landscape of work and life, Athens has emerged as a standout in the 2025 ranking of the most affordable cities for expatriates. According to a recent report by digital remittance service provider Remitly, the Greek capital ranks seventh globally in terms of relocation costs, making it an ideal choice […]

Investors from countries in Western Europe have increased their purchases by up to 103% Buyers from the European Union are becoming the driving force of foreign investment activity for the acquisition of real estate in Greece. This trend had already been evident since 2024, despite the unfavorable macroeconomic environment and the increase in interest rates, […]

The direct contribution of tourism to the Greek economy in 2024 is estimated at 30.2 billion euros. This stems from the study by the Institute of the Greek Tourism Confederation (INSETE) on “The Contribution of Tourism to the Greek Economy in 2024,” according to which, if the indirect contribution of the sector is also taken […]

Athens, May 2025 — Greek Finance Minister Kyriakos Pierrakakis has officially announced that Greece plans to repay its first tranche of international bailout loans by 2031, a full decade ahead of schedule. In an interview with Bloomberg, Pierrakakis emphasized that this early repayment marks a major milestone in Greece’s economic turnaround and underscores the country’s […]

According to the latest report from the European Travel Commission (ETC), Greece was named one of Europe’s top five best-value travel destinations for Q1 2025 (January–March), alongside Italy, Cyprus, Malta, and San Marino. This recognition comes amid a modest 4.9% overall increase in international tourist arrivals across Europe, highlighting Greece’s sustained appeal to value-conscious travelers […]

At a time when housing costs have skyrocketed across Greece, official tax data reveal a widespread phenomenon of tax evasion in the rental sector. The discrepancy between the amounts declared in tax returns and the actual prices prevailing in the real estate market is indicative. According to data drawn from taxpayers’ declarations for the years […]