Grecestate Magazine

Apartment prices for the entire country increased by 9.4% in the second quarter of 2022 compared to a year earlier, as the Bank of Greece announced today (15 September 2022). Increased Greek Real Estate the annual rate of change in prices for new apartments was 10.5% and for old apartments at 8.7%, according to the

The Portugal and Greece Golden Visa Both options provide good value for investors and contain numerous benefits. Like the Greece Golden Visa, for example, the Portuguese program offers full access to Europe’s Schengen area. When comparing essential criteria however, such as second-party beneficiaries, property options, favorable financial environments, and application costs and procedures, opting for

The Return Chinese Tourists Greece,  last tourists from China came to Greece in February 2020. Since then the Chinese tourism market has “frozen” as the restrictions applied related to the pandemic make travel outside of China prohibited. “This of course affected the tourism market in Greece, as it also affects commercial traffic as the Chinese

Luxury Real Estate in Athens, villas and apartments with excellent architectural features, compatible with particularly demanding sustainability indicators. The lack of such homes and the strong demand, not only for private use but also as an investment option for reaping capital gains in the future, are driving the market and creating very high prices for

Moody’s Analytics sees 5.7% growth for Greece this year, the third highest in the eurozone, supported by tourism and investments, while stressing that the ECB’s stance will be decisive for the future of the Greek economy. In more detail, Greece’s real GDP grew by 7% year-on-year in the first quarter of 2022, surpassing both house

The Hotel Investment Israelis Sounio is processing for the large hotel investment of the Israelis in Sounio is progressing as its inclusion in the Development Law was approved. It concerns the new hotel complex planned by WHE, which is behind the large investment plan of Brown Hotels in Greece. In particular, an abandoned hotel had

The Permanent Residency Citizenship Greece is Golden Visa program, one of the most popular investment visa programs in the EU. It is a residence-by-investment visa, issued to non-EU citizens who make a significant contribution to the Greek economy. There are several investment options, but the most common route is through purchasing real estate worth at

The Athens Northern suburbs symbolizes the traditional Athenian aristocracy, a posh suburb positioned just a 10-minute drive from downtown Athens, full of nature and baronial mansions and villas. It has hosted some of the most distinguished and wealthy families in the country for over a century. Is one of the most luxurious area in Athens

The New Hyatt Hotel Santorini is 5-star hotel opened in Santorini, the company’s debut in the Greek islands. Magma Resort Santorini welcomed its first guests on August 10, 2022, as part of The Unbound Collection by Hyatt, and features 59 rooms, including 24 suites. True to the ethos of The Outbound Collection by Hyatt, Magma