News & Views on real estate and the economy

Bank of Cyprus sells 350 properties in Greece, top home at 1.5 mln euros

Bank of Cyprus has put up for sale some 350 properties that it owns in Greece, as part of efforts to reduce bad loans and up capital leve...

Wood sees weakness in Grivalia share as good entry point

Recent weakness in the shares of Grivalia Properties offers a good entry point into the stock for those looking to bet on the rebound of ...

Pangaea pays 0.20 euro dividend, yield at 4.7%

Greek real estate investment company Pangaea has proposed paying a 0.20 euro per share dividend for 2016, the company said in a statement...

Greece real estate transactions 2016-RE/MAX survey (in Greek)

"It looks like the property market is pulling the brake on the extended downturn in recent years....as stabilizing trends are appearing a...

How much does a view of the Acropolis cost?

A key feature in the Athens real estate market, particularly for foreign buyers, is whether the property has a view of the Acropolis. But...

Greek govt confiscates 10,000 properties due to unpaid taxes

More than 10,000 real estate assets were taken over by the Greek government in 2016, showing a 75% jump from recent years, due to taxpaye...

Intercontinental picks up Crete property for 2.3 mln euros

Greek real estate company Intercontinental International has purchased 1,640 square meter building in Crete for 2.3 million euros, it sai...

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 Cyp...

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...

Push to revive former Athens landmark hotel-King's Palace

The tender of a former Athens landmark hotel in central Syntagma square is expected to be launched by the end of the month, in what will ...

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