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Only One in Five Homes in Greece Is Insured, Highlighting Protection Shortfall
The share of insured homes in Greece rose to 20.5% in 2025, up from 18.9% a year earlier, according to new data released by the Hellenic Association of Insurance Companies.
Foreign Buyers Drive Greece’s Luxury Vacation-Home Market to Record Highs
Foreign purchasers now account for between 60% and 85% of demand in Greece’s premier second-home markets, including the Cyclades islands, the Ionian Sea region, the Peloponnese and the northern peninsula of Halkidiki.
Apartment Renovations Can Require Neighbors’ Approval - Here’s When
The situation becomes more complicated when planned renovations extend beyond the apartment itself.
Rising Construction Costs Add New Strain to Greece’s Housing Market
Data released by Greece’s statistical authority showed construction material prices for new residential buildings rose 4.1% in April from a year earlier, accelerating from the 3.3% increase recorded during the same period last year.
Soaring Home Prices Push Greece Toward Politically Risky Tax Shift
Plans are underway to introduce a fully automated nationwide system by early 2027, designed to adjust valuations dynamically in line with market trends.