Greek travel and tourism receipts jumped 12.8% last year to a record €18.15 billion, according to the latest Bank of Greece data. The figures also show a 4.1% increase in tourist arrivals last year, driven mainly by rising numbers of visitors from fellow European Union member countries.
Month: April 2020
Property Prices in Greece, annual report
Prices for Greek residential properties rose 7.2% in 2019 – compared with a 1.8% increase in 2018 – confirming that the price recovery in Greek real estate is accelerating. According to data by the Bank of Greece, prices for residential property rose 7.5% in the fourth quarter last year
Real Estate FDI
Individual foreign investment in Greek real estate has increased sharply, more than tripling in the past three years. According to the latest annual report by the Greek Central Bank, net Foreign Direct Investment in Greek property rose to €1.45 billion in 2019, up from €1.13 billion 2018 and €414.7 million in 2017.
