The newspaper Demokratia reports the purchase of a penthouse in the Riviera Tower on Hellinic for near €2,000,000.
Riviera Tower is the tallest residential skyscraper in Greece.
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Greece property investment
Current property investment news, rules and analysis for Greece. This guide brings together 22 source-linked MedRealty stories.
Greece simplifies the transfer of old industrial and commercial buildings to residential apartments.
Conversion is limited to the current volume of the building: adding floors or expanding the area is prohibited.
Read →In the center of Athens, an office skyscraper turned into a hotel in a couple of months.
The Aroundtown investor has for the first time adapted the building for a hotel in Greece and signed a long-term contract with operator SmartRental.
Read →Property prices on the Greek islands are breaking records: the average cost of a meter in the Aegean Sea rose by almost…
The island of Antiparos overtook Mykonos in terms of the cost per square meter — now they sell there for 7600 euros.
Read →Lamda Development posts €17.7m loss as Hellinikon investment intensifies
Greece's largest developer, Lamda Development, reported a loss of €17.7 million in the first quarter of 2026, driven by substantial capital deployment in the Hellinikon project…
Read →Greece launches mass inspections of Airbnb properties with fines up to €20,000 for breaches
The country has begun its first wave of inspections, checking 1,500 properties against new safety standards.
Read →Greece relaxes rules allowing property sales despite tax arrears
Athens is introducing new regulations that give owners greater flexibility.
Read →Greece eases import rules for relocating residents, waiving customs duties and VAT
Greece's tax authority (AADE) has issued new regulations for those planning to relocate to Greece or return to the country.
Read →Greece tightens short-term rental rules as owners rush to secure permits before July deadline
From 1 July, Greece is introducing strict restrictions on short-term rentals, prompting apartment owners in Athens and Thessaloniki to expedite permit applications and close deals…
Read →Athens new-build prices slow as buyers shift to period properties
New-build prices in Athens continue to rise, but the pace of growth is decelerating.
Read →Greece unveils decade-long housing strategy with four key reforms
Greece's government has presented a 10-year housing strategy for 2026–2035 that includes rent caps, tax incentives for affordable mortgages, and reduced VAT on social housing…
Read →Historic Keranis tobacco factory in Piraeus to be transformed into mixed-use residential complex
Redevelopment has begun on a historic tobacco factory building in Piraeus, with plans to create 408 apartments across nearly 30,000 square metres.
Read →Greece launches mass audit of 6,000 property transactions in hunt for hidden money sources
Greece's tax authority AADE has initiated a sweeping review of residential property buyers.
Read →Three-quarters of Greek homes sold in 2025 are over 20 years old as new-build supply dries up
Data from REMAX Hellas reveals a paradox in the Greek market: demand exists, yet the supply of modern housing has virtually disappeared.
Read →Greece to introduce two new property taxes from 2027, bundled with electricity bills
The government plans to collect municipal and regional levies directly through electricity accounts.
Read →Greece to streamline eviction procedures from May 2026, guaranteeing tenants six months' notice
From 1 May 2026, Greece will introduce new eviction rules that accelerate the process whilst providing tenants with a guaranteed six-month rent-free period to relocate.
Read →Turkish investors accelerate Greek property acquisitions despite 2025 slowdown
Turkish capital is purchasing Greek real estate at record pace.
Read →Greece launches housing renovation subsidy scheme covering up to 95% of costs
Greece is launching the 'I Renovate' programme in June, a state initiative for property owners seeking to modernise their homes.
Read →Greece offers up to €10,000 per person to relocate to depopulating border regions
From 2025, a state resettlement programme is in effect for the Evros region in the country's north-east.
Read →Nearly 200 family hotels seek new owners in Greek mountains
Small hotels with 10–30 rooms are being offered for sale in Arachova, Kalavryta, Karpenissi and Arcadia.
Read →International hotel groups target Greece with branded residential developments
Greece's real-estate market is attracting the attention of global hospitality giants, who are investing in luxury residential complexes under their own brands.
Read →Athens extends ban on new short-term rental registrations until end of 2026
Greek authorities have opted against hastening liberalisation.
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