LAMDA Development has reported significant progress on the Elliniko project, with property sales exceeding €800 million and expected to surpass €900 million by the end of 2024. Key developments include advancements on the Riviera Tower, The Cove Residences, and Park Rise. Recent sales, including residential plots and a mixed-use tower, have bolstered the company's financial position, marking the project's operational profitability achieved in December 2023.
Tag: greece real estate
In Q2 2024, Greece saw a 9.2% increase in apartment prices from the previous year, according to Bank of Greece data. New apartments rose by 10.7%, and older ones by 8.3%. Prices were up 12.1% in Thessaloniki and 9.1% in Athens. This trend follows a 13.8% annual rise in 2023.
Data from the well-known real estate services company Engel & Völkers Greece. Andros is currently…
Private building activity grew 17.4% in volume in August this year and by 16.5% in…
When it comes to selling property in Greece, understanding the rules and regulations governing real…
As life in the States becomes more stressful and expensive, U.S. citizens have been investing in a 'Golden Visa', a programme through which purchasing a second home in a different country entitles buyers to a second passport or pathway to citizenship.
Who wouldn’t love to own an apartment at the Athens Riviera, or a summer house in an Aegean island?! Paradise! Indeed. BUT what about all the legal, tax, banking, administrative, and other bureaucratic procedures that a potential buyer might encounter. Lawyer John Tripidakis guides us on what to expect, pinpointing some 'red flags.'
Greek City Times met recently with Greek lawyer John Tripidakis of Tripidakis & Associates, who has provided some helpful information relating to obtaining your Greek passport.
The annual rate of change in apartment prices for the entire country stood at 7.9%…
If you’re in the market to buy your own personal private island playground in Greece, here is a list of some that are available for sale right now.
Recognised as a UNESCO World Heritage site, the Aegean Sea’s 'holy island' Patmos is one of the most peaceful and majestic destinations in Greece, where Saint John the Theologian wrote both his Gospel and the Apocalypse around 95AD.