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The housing market in Greece showed resilience in 2020, despite the overall negative economic impact of the pandemic. As DBRS comments in its analysis, after the cumulative increase of 9.2% in the period 2018-2019, the increase in house prices slowed down in 2020 due to travel restrictions and other measures for the coronavirus, but the…

The Chinese group Fosun Tourism confirmed its decision to expand its investments in Greece, through the popular hotel brands Casa Cook and Cook’s Club, announcing the opening, next May, of a new Casa Cook hotel in Samos. The new boutique hotel, located very close to the historic village of Pythagorion, will have 128 rooms exclusively…

The course of the real estate market during 2020 came as a surprise to even the most optimistic economic analyst, as in a year of recession, where GDP shrank by 8%, residential real estate prices rose by 4.3% and commercial real estate prices by 1.2%. However, as the Piraeus Bank Analysis Department explains, the reasons…

How will 1 million homeowners with buildings in forests and forest areas escape demolition? One – at least – one million homeowners with buildings in forests and wooded areas have one last chance to save their homes. This is because they are given the opportunity (with a relevant Joint Ministerial Decision signed by the Deputy…