Investments

Greek construction firm GEK TERNA was announced as the preferred investor in the tender for the new concession of Attiki Odos.

Demand for luxury properties on the Athenian Riviera in Greece soared during January-June, says Greece Sotheby’s International Realty.

Demand for a Greek golden visa increased right before the cost for property in some areas doubled.

New investments at Costa Navarino after the opening of Greece’s first Mandarin Oriental hotel and the Navarino Agora.

The Municipality of Naoussa will allocate 1.6 million euros to revitalize its historic park.

The US State Department considers investment prospects in Greece as being positive, according to its latest Investment Climate Statement.

Scope Ratings Agency upgraded the Greek economy rating to BBB- stable from ΒΒ+.

Greece doubled the golden visa limit to 500,000 euros from 250,000 euros applicable to properties in certain areas.

Six offers have been submitted in an international tender for the new concession of Attiki Odos, a 70km motorway system in Attica.

The Hellenic Republic Asset Development Fund has launched a tender for the development of the property in the Ververonta area near Porto Heli.

Greece’s residence by investment scheme boosted the economy by almost 1 billion euros in the first five months of 2023.

Athens and Thessaloniki are seeing a hotel boom as increasing tourist arrivals boost occupancy levels.

The main marina on the island of Skiathos is set to be revamped with the master plan expected to be presented by the end of June.

Tourism business owners active in Greece can now apply for funding and grants under a second round of support.

More than 600 million euros in funding, 200 million euros of which coming from Eurobank, are expected to go into Greece’s tourism infrastructure.

Greece is among the Top 10 countries to buy real estate for residence, but missing out on the Russian market.

Grivalia Hospitality has a number of tourism investment projects in Greece in the making, including a glamping site and luxury hotel units.

Greek PM Kyriakos Mitsotakis pledges hundreds of infrastructure works, including port and airport upgrades, for North Aegean Region.

Greece’s highest court decides to suspend three key investment projects at Piraeus Port after calls by residents.  

Hard Rock has completed the acquisition of 51% stake in the integrated resort casino to be constructed on the Athenian Riviera.