08.09.2026
Greece’s 2027 property changes: What buyers and owners need to know
Greek Prime Minister Kyriakos Mitsotakis has announced series of housing measures affecting property buyers and owners at the Thessaloniki International Fair.

20.10.2023
Aristotle Onassis was one of the most well-known public figures in Greece, the owner of a shipping and cigarette empire and one of the richest men in Greece. Among his possessions were an entire apartment building in New York, a Greek national airline, and the Greek island of Skorpios. Perhaps his best-known possession was his yacht Christina O, one of the most glamorous private yachts ever built. This was his private palace where he threw parties for the rich and famous.
The boat was originally in the Canadian Navy and was built in 1943. It was part of the Normandy landings, and eventually Onassis bought Christina O in 1952 with 9 other ships from a Baltimore scrap merchant. Obviously, Aristotle Onassis turned the former warship into a luxury yacht. Ex-King Farouk of Egypt, who was on board Christina O many times and was known for his luxurious lifestyle, once called the yacht “the height of opulence.”
Each suite on the boat was named after a different island in Greece. For example, the Santorini, Mykonos, Lesbos, Andros, Crete, Rhodes, and Corfu suites hosted the guests. Each room had custom wood and stonework with materials from the Greek islands. The most impressive suite was without a doubt the suite of Onassis. It had 3 rooms - the stateroom, the office, and a luxurious custom bathroom.
One of the most popular areas for guests was Ari’s Bar, with special seats covered with whale skins. The footrests had whales’ teeth and ivory armrests that showed scenes from the Iliad and the Odyssey, Onassis’ favorite books. In Onassis’s days, inside the boat was an elevator, an operating theater, and a network of 42 telephone lines.
Among the guests on the boat were Marilyn Monroe, Liz Taylor and Richard Burton, Frank Sinatra, Liza Minelli and Rudolf Nureyev. Heads of state and famous businessmen to come on the boat include: John Kennedy and Sir Winston Churchill, the Rockefellers, Rothschilds, Paul Getty, Prince Rainier and Princess Grace. Winston Churchill famously visited many times, and Onassis gave up his own suite whenever Churchill visited, something he didn’t do for anyone else. Churchill joined for 8 cruises in total.
According to Morley Yachts, Christina O can take up to 34 guests on board in 17 staterooms. At anchor, it can hold 157 guests, or for short cruises, so she is ideal for cocktail events or dancing. The most popular place to dance is on the jacuzzi deck, because of the outdoor bar. The dining room has space for 40 people, and the biggest suite is now called “the Onassis Suite.”
Perhaps the most famous part of the boat is the restored swimming pool, which comes complete with a minotaur mosaic and can turn into a dance floor.
Christina O is somewhat of an international symbol for Onassis, who used the yacht as a business tool. Today, the boat is still famous. Netflix TV show The Crown features a fleet of yachts in Season 5 Episode 1, and Christina O is part of the fleet along with the Royal Yacht Britannia.
Christina O is available for chartering. The current broker for the yacht is Morley Yachts, who offer charters here.
08.09.2026
Greek Prime Minister Kyriakos Mitsotakis has announced series of housing measures affecting property buyers and owners at the Thessaloniki International Fair.
05.09.2026
Greece is entering a new era of property and inheritance regulation. For the first time in over 80 years, the government is preparing a comprehensive reform of the Inheritance Law, designed to simplify procedures, ensure fairness, and modernise how estates are managed.
07.08.2026
Greece is taking an important step in environmental protection, becoming the first country in the world to deploy a national satellite system for wildfire detection and monitoring. First launched in May and expected to become fully operational in September 2026, the new Hellenic Fire System brings advanced space technology to Greece's efforts against wildfires.
06.08.2026
If you own a home in the Peloponnese or have been quietly thinking about buying one, there is some news you should be aware of: At the end of June, a 40-year concession for Kalamata International Airport "Kapetan Vasilis Konstantakopoulos" was signed by a consortium led by Fraport, together with the Kopelouzos Group's Delta Airport Investments and the Konstantakopoulos Group's PILEAS. According to the National Development Fund, which retains a 10% stake in the new company, the initial concession payment is 45 million euros, and the planned investment programme is expected to exceed 125 million euros over time.
In short: Kalamata's airport is set to roughly double its traffic by 2030, with a new terminal three times the size of the current one. For anyone with a house in the region, or an eye on one, that matters.
03.08.2026
A new regulation regarding the calculation of ENFIA (Eniaios Phoros Idioktisias Akiniton/annual property tax) was announced by the Greek Ministry of National Economy and Finance. The purpose of this regulation appears to be to address cases where property owners were previously taxed on more square meters than their property actually has. The new regulation, which is expected to take effect in the 2027 tax year, introduces the Electronic Building ID as a key factor in determining taxable floor area.
28.07.2026
As UNESCO recently announced, Mount Olympus – also known as the Home of Ancient Greek Gods, or Greece’s highest mountain – has been added to the list of World Heritage Sites. Of course, Greece welcomed the news with a wave of euphoria, as Mount Olympus is widely recognized for its cultural and natural significance.
23.06.2026
Moving your life to a new country brings enough to think about, including the costs. For those settling permanently in Greece, there is some welcome news on that front. Bringing your household belongings and even your car can come with relief from customs duty, VAT and vehicle registration tax. The Independent Authority for Public Revenue (AADE) has recently set out clearer rules on how this works. It's important to clarify that this relief is not exactly new, but what has changed is a significant detail: a recent AADE circular (reference E.2027/2026) spells out the eligibility, the supporting documents and the procedure, with the aim of handling applications more consistently across customs offices.
14.05.2026
For many people who own, or plan to buy, a home in Greece, the journey is part of the experience. Some fly directly to Athens, Thessaloniki, Heraklion, or Chania. Others prefer slower travel, combining trains, ferries, buses, and regional routes across Europe. Until now, however, planning a cross-border trip by train has often required patience, several booking platforms, and a healthy tolerance for uncertainty. A new proposal from the European Commission aims to make that process much simpler. The plan introduces a more unified system for booking cross-border journeys across Europe, especially train journeys involving more than one operator. The goal is clear: travellers should be able to search, compare, and book a complete journey through one platform, even when different transport companies are involved. For international buyers, second-home owners, and regular visitors to Greece, this could become an important step towards easier, more flexible travel across Europe.






