Tag: Mercan Group

Despite data from the National Statistics Institute (INE) showing a slowdown in tourist activity, the number of guests and overnight stays continued to rise. In total, Portugal exceeded 30.5 million guests and 77.8 million overnight stays, which translated into more than €6.8 billion in revenue, reveals Publituris. In November 2025 alone, the tourist accommodation sector […]

Portugal recorded the second-highest annual increase in house prices, 17.7%, in the third quarter of 2025, with the eurozone average at 5.1% and the European Union (EU) average at 5.5%, Eurostat announced. Compared with the previous quarter, between July and September 2025, house prices increased by 1.6% in both the eurozone and the EU, according […]

Messinia, in the southwestern Peloponnese, has been included on The New York Times’ 52 Best Places to Go in 2026 list, praised for its natural and cultural wealth. Curated by The New York Times’ travel editors and contributors, the list features a mix of trending destinations, lesser-known gems, and places offering distinctive cultural, environmental or […]

Greece has been named one of the world’s top inspirational destinations for 2026, according to new research from international marketing firm Travelsavers and the Network of Entrepreneurs Selling Travel (NEST). The country ranks fourth globally, celebrated for its history, culture and immersive experiences that continue to capture travelers’ imaginations. Italy tops the list, followed by […]

Since 2019, Greece’s holiday home market has remained on a strong upward trajectory, with property prices rising sharply. According to the latest data, by 2025 the average asking price for Greek holiday homes has increased by nearly 50% compared to 2019. Market analysis indicates that strong demand from foreign buyers is the key driver behind […]

Residential property prices in Attica have surged by up to 94% over the past six years, highlighting a strong and sustained recovery in the local real estate market. According to the latest Spitogatos.gr Price Index (SPI), asking prices for residential properties across the Attica region have seen dramatic growth, reflecting rising demand, renewed investor confidence, […]

Portugal is set to reduce personal income tax (IRS) starting in 2026. To implement the new tax cuts, the government must update the withholding tax tables applied to employees and pensioners. While the majority of taxpayers are expected to benefit from lower taxes, the exact monthly withholding amounts for salaries and pensions have not yet […]

According to the latest research released by an international real estate consultancy, total commercial real estate investment in Portugal reached approximately €2.67 billion in 2025, representing a 10% increase compared to the previous year. Foreign capital accounted for around 60% of total investment, maintaining its dominant role in the market and demonstrating sustained confidence from […]

The Greek Ministry of Migration and Asylum has recently released a draft law bill focused on modernizing migration policy, with measures to facilitate legal migration and streamline procedures for residence and work permits, which is currently under public consultation until January 14, 2026, at 9:00 a.m. Following the consultation period, the bill is expected to […]

Keranis Residence, developed by Mercan Group, is a landmark residential development strategically located in Piraeus, Greece’s principal port city. Positioned near the Port of Piraeus and major commercial corridors, the project offers strong connectivity to Athens’ broader metropolitan area. An investor at Keranis Residence has successfully received a Greek Residence Permit (RP) card in approximately […]

Immigrants with residence permits expiring in January and February will be able to renew them online. According to Diário de Notícias (DN), the agency also brought forward the renewal for the month of February. Since July 2025, AIMA has allowed residence permits to be renewed monthly, in order to ensure that a large number of […]

Renaissance Porto Lapa Hotel, a 5-star hotel in Porto, operating under Marriott International is  standing as one of the flagship hospitality assets developed by Mercan Group in Portugal. 2025 marked a milestone year for the hotel, highlighted by a remarkable run of international recognition. At the Haute Grandeur Global Awards 2025, the hotel achieved a […]

In this opinion piece, the author examines the evolving relationship between Greece’s real estate market and the tourism sector in 2025–2026, highlighting the key challenges, investment dynamics and policy considerations shaping both industries. The direction of Greece’s real estate market in 2025–2026 is set to play a decisive role in shaping the country’s tourism sector, […]

Greece’s tourism sector continues to post strong headline performance, but underlying shifts in travel behavior and mounting structural challenges are reshaping the industry’s outlook, according to the Annual Greek Tourism Report for 2024 published by INSETE , the research institute of the Greek Tourism Confederation (SETE). The report, which also includes individual annual studies for […]

The Ellinikon residential development, located on the site of the former airport in southern Athens, has attracted attention from buyers in over 110 countries. According to data released by the developer, international buyers account for 45% of total sales, highlighting the project’s global appeal in the real estate market. Significant Participation from the Greek Diaspora […]