Real estate news & views

in Europe's south

180,000 forced home sales to cool market

The forced sale of some 180,000 homes tied to unpaid bank loans is likely to cool rising real estate prices in Greece, with some experts...

Moody's sees Greek housing prices rising in next 18 months

Greek house prices will continue to increase moderately over the next 12 to 18 months, providing a boost to the country's banks, said...

Bank of Greece to unveil bad loan plan Thursday

The Bank of Greece, the country's central bank, will unveil on Thursday a plan on how banks will be able to offload bad debts in a bid to...

Greece remains credit starved in April

Credit growth in Greece remained deep in the red in April as the country's banks continue to struggle with billions of euros of bad loans...

Officials looking at ways to ease capital controls

Greek government and banking officials are working on ways to relax the country's capitals controls as the winding up of current bailout...

Home repossessions in Greece to resume - notaries

Greece's notaries decided Wednesday to resume the forced auctions of higher value properties after having frozen all repossessions in the...

Greek banks beat bad loan target but now on shaky ground

Greece's lenders managed to beat targets on reducing non perfoming loans at the end of last year, according to the Bank of Greece. But a...

Greece tables bill on out of court debt settlement

Greece's Finance Ministry has submitted to parliament a bill introducing out of court settlements for businesses unable to pay back debts...

Cyprus real estate market warming up, says Resolute

Cyprus' property market is warming up after a six year retreat with improving local and international conditions boosting demand from...

Uptick in Greek commercial property deals seen for 2017

The number of deals in commercial real estate in Greece this year are expected to increase due to the tourism sector's strong performance...