Airbnb’s turnover in Greece is expected to hit 4 billion euros this year. Indeed, Airbnb has become profitable in Greece thanks to the increase of short-term rentals not only in tourist destinations like Mykonos and Santorini, but also in Greece’s smaller, unknown islands. When the short-term registry was created in
The island of Corfu is known for its stunning beauty, its gorgeous beaches, and its warm hospitality. Some of its most famous residents were the Durrells, an eclectic family of British origin and a group of creatives, authors, and photographers. You may be familiar with the Durells family name from
The ferry route between Paros and Antiparos island could be the first electric ferry route in Greece. Paros is known as one of the most popular islands in the Cyclades, offering one of the highest yields in the country, next only to Mykonos. Antiparos is home to Tom Hanks’s vacation
The amount invested in 2022 in the housing market in Greece is estimated at 8 billion euros, showing the upward trend in demand and prices. It is surprising that such a high amount was spent on houses last year in Greece because banks in 2022 were not likely to finance
Who was Patrick Leigh Fermor? Fermor was a young British aristocrat who left his posh lifestyle in the 1930s to travel from Holland to Istanbul on whatever means of transportation he could find. He often moved on foot or on horseback and kept a detailed journal of his escapades. This
“Ready to Enjoy Our Old Age as Well” This article was originally published on July 16th in Het Laatste Nieuws, a Dutch-language newspaper that is now the most popular newspaper in Flanders and Belgium. The lovely couple you see pictured below are Paul Maeyens and Ellen Besard, both 58, at
Young Buyers Invest in Greece The typical age of home buyers in Greece is changing, as more and more 30-55 year-olds look to invest in the Greek real estate market. These are not the usual European pensioners, who used to be the main buyers of Greek real estate. This new,
“I feel proud whenever I have to show my red [Greek] passport,” quotes Victoria Hislop, award-winning author and now a Greek citizen. She was sworn in as a Greek citizen in 2020, and was applauded by Mitsotakis as an important promoter of Greece’s history and traditions. Hislop is one
Where Did Real Estate Prices Grow the Most? According to data from the Bank of Greece in the first quarter of this year, the rate of house price growth in Greece is reaching record highs. More specifically, prices rose 14.5% year-on-year in Greece as a whole, and even sharper spikes
Former President Barack Obama visited famous actors Tom Hanks and Rita Wilson on the island of Antiparos earlier this week. Obama’s touched down on a private flight to the island of Paros. Former President Obama did not come without an entourage – Supposedly, he was accompanied by 35 security personnel.
Greek inflation slowed to 2.8% in May 2023 compared from 3.0% in April 2023, 4.6% in March 2023, and 11.3% in May 2022. This is according to a statement by the Hellenic Statistical Authority. The drop between April and May of 2023 reflects a rapid fall in energy prices. Namely,
Lord Byron is one of the most famous narrative poets of the Romantic period and was a philhellene. Philhellene means “lover of Greece.” He was not born with Greek blood but loved the country of Greece so much that he fought in the Greek War of Independence in the 1820s
“Great demand for holiday homes in Greece – Which ones do they prefer?” “Country houses: From the… plans foreigners are buying in Greece” “Country Houses: Foreigners are buying from the plans in Greece in 2023” These recent headlines from Kathimerini, CnnGreece, Imerisia, and Oikonomikos Tahydromos feature research by Elxis
In Athens’s Vathis Square district, a new update to the National Archaeological Museum has caused rents to virtually double in the past 5 years. According to data from indomio.gr for 2017 – 2022, property prices in Vathis Square, located just next to the museum, have boosted by 99% in
On 12 October 2022, Elxis sales director in Crete Felix Münch gave an interview to Greek TV channel Skai for their evening news bulletin, discussing the impact of higher energy prices on investments in the Greek real estate market. Felix explained that in response to the high costs of keeping their homes in northern Europe warm, Dutch and German buyers alike have sought
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