Mykonos, Paros and Santorini Maintain Investment Dynamic

By admin 4 Μαρτίου 2022 No comment

Mykonos island, Greece. Photo source: Algean Properties – Ride the Wave Yields Report 2022 Eight Greek destinations, including the popular tourist islands of Mykonos, Paros and Santorini, are among 30 in the Mediterranean ensuring the highest returns and keeping their investment dynamic strong, according to a report released this week by Algean Property. According to […]

Greece’s Golden Visa Reviving Covid-hit Property Market

By admin 17 Νοεμβρίου 2021 No comment

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Greece’s investor visa scheme, which grants five-year residency rights to investors who purchase property valued at a minimum of 250,000 euros, is reviving the property market, which was impacted by the Covid-19 pandemic. According to the migration and asylum ministry, 747 new permits have been granted from the beginning of 2021 to October. So far in […]

Crete’s Gournes Project Attracts Four Bidders

By admin 18 Οκτωβρίου 2021 No comment

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Photo source: HRADF A tender for the exploitation of the former US military base of Gournes in Hersonissos, Crete has attracted four bidders, the Hellenic Republic Asset Development Fund (HRADF) announced on Friday. More specifically, Club Hotel Casino Loutraki (Comer Group, UK) – Lyktos Holding SA, Dimand SA (real estate development, Greece), Reds (real estate […]

Crete: HRADF Seeks Investor to Transform ‘Gournes’ into an Iconic Destination

By admin 15 Ιουνίου 2021 No comment

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Photo source: HRADF The Hellenic Republic Asset Development Fund (HRADF) has extended the deadline for the submission of bids for the exploitation of part of the former U.S. military base of Gournes in Hersonissos on the Greek island of Crete. The final date for submitting offers has been extended to October 15. Located on one […]

Covid-19 Puts a Brake on Greece’s Golden Visa Scheme

By admin 17 Νοεμβρίου 2020 No comment

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Greece’s popular golden visa program, which has channelled more than 2 billion euros of foreign capital into the local property market since its launch in 2014, granting in the meantime, 6,304 residence permits to non-Greeks, has been impacted by the coronavirus pandemic. More specifically, according to the migration and asylum ministry, the number of visas […]

Online Auction for Xenia Property in Komotini Begins

By admin 21 Οκτωβρίου 2020 No comment

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Photo source: ETAD The bidding process for a concession for the historic Xenia hotel in Rodopi, Komotini, northeastern Greece, has launched via an e-auction by the Public Properties Company (ETAD in Greek). Located at 43 Sismanoglou Street, in Komotini’s city center, Xenia Komotini is situated some 600m from the city’s main square (Irini square) and […]

Greece’s Chinese Golden Visa Investors Protest

By admin 1 Σεπτεμβρίου 2020 No comment

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Chinese investors who purchased real estate in Greece under the ongoing Golden Visa program are expressing their discontent with Covid-19-related travel restrictions which do no allow them to visit their properties or to complete visa procedures. According to Greek media reports, the Sino-Hellenic Investors’ Confederation, which was launched earlier this year, said in a

Greece Seeks to Re-launch Golden Visa Program

By admin 21 Απριλίου 2020 No comment

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The Greek government is examining the re-launch of its golden visa program, which has been suspended due to the coronavirus outbreak, in an attempt to give the economy a much-needed boost after the health crisis subsides. “We are very interested in jump starting the real estate market and in this direction, we are immediately relaunching […]