News: greek property investment

The most recent greek property investment news from a variety of international property news sources.

How Sungei Buloh became the horticultural hub of Malaysia

GARDENERS all over Malaysia know of Sungei Buloh as the hub of horticulture in Malaysia. Centred on the grounds of the old leprosy hospital and settlement, Sg Buloh has, in the past 50 years, become the place to see what is new and available in garden plants. In the early years of the 20th century, [...]

Prices Slashed as Reality Dawns on Greek Property Market

According to reports, prices of luxury properties on the Greek islands are being slashed by up to 45%, as owners look for quick sales to avoid paying the higher taxes of the government’s new austerity measures. Property publication Property Wire brought to light a half built villa on Mykonos being offered by Athens broker Ploumis [...]

Property Tax Hike In Greece Is Deterring Wealthy Buyers

A tax hike on luxury property, is deterring wealthy buyers and pushing Greek real estate prices downward. Economic uncertainties are driving Greek investors to France and London, while once-favored Mykonos and other island locations are being deeply discounted. See the following article from Property…

Foreign Demand for Luxury Properties in London at an All Time High

Research by leading London Estate Agent Knight Frank has revealed that the number of nationalities buying up prime property (£2 million+) in London has risen to 51, as buyers from far-flung destinations like Malaysia, Iran and Brazil join the traditional Russian and club-med buyers in taking advantage of the weak pound. According to the data, [...]

Greece Plans To Sell Or Lease 6,000 Islands To Generate Revenue

Despite the severe debt crisis in Greece, demand still remains high for Greek real estate on the Mediterranean Coast. To raise money the government is offering islands for sale or long-term lease that have never before been available for public ownership. See the following article from Global Property…

Greece Plans To Sell Or Lease 6,000 Islands To Generate Revenue

Despite the severe debt crisis in Greece, demand still remains high for Greek real estate on the Mediterranean Coast. To raise money the government is offering islands for sale or long-term lease that have never before been available for public ownership. See the following article from Global Property…

Falling Property Prices In Greece Presents Opportunity For Investors

Bargain hunters are finding a silver lining to the nation’s debt crisis, with first quarter prices for Greek property down almost 8 percent from a year ago. Measures under consideration to combat the current recession include proposed changes to property tax assessment methods at a cost to buyers and…

UK Commercial Real Estate Turns Sluggish Over Growing Uncertainty

Central London turned in the strongest performance in an overall sluggish UK commercial real estate market, last month. Fallout from the Greek debt crisis, worries over where interest rates are headed,and new bank restrictions are all clouding the picture for property lending going forward. See the…

UK Commercial Real Estate Turns Sluggish Over Growing Uncertainty

Central London turned in the strongest performance in an overall sluggish UK commercial real estate market, last month. Fallout from the Greek debt crisis, worries over where interest rates are headed,and new bank restrictions are all clouding the picture for property lending going forward. See the…

How Will Spanish Cut Backs Affect Expat Housing in Spain?

The heavily indebted Spanish economy is in almost as bad shape as that of Greece. But the Spanish economy accounts for 12% of European Union gross domestic product, 4 times the size of the Greek economy. Some say this makes it too big to fail. Undoubtedly its failure could mean the death of the EU [...]