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Property
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EconomyMacroeconomy
Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010 Apartment prices in Greece continued heading south, but at a decelerating pace, for the third successive quarter in Q2 of 2016, when they dropped by 2.7 percent from a revised 4.7 percent decline in Q1, Bank of Greece (BoG) data displayed on Thursday.
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EconomyMacroeconomy Property tax notices for 2016 to be issued, collection target remains same The notices for the single property tax (ENFIA), one of the most significant individual taxes in Greece, are due to be published on Thursday August 18, according to a General Secretariat of Public Revenues (GSPR) announcement.
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EconomyMacroeconomy
Unpopular but effective property tax returns for another year The single property tax (ENFIA) has become one of the most contentious taxes in Greece, adding a notable burden to Greek households since its launch in 2014.
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EconomyMacroeconomy
Office prices ease 0.2 pct in 2015, retail prices drop by 3.5 pct Office prices in Greece grew by 0.2 percent in the second half (H2) of 2015, Bank of Greece (BoG) data displayed on Monday.
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EconomyMacroeconomy
Apartment prices fall at slightly slower pace of 5 percent in Q1 The drop in Greek apartment prices slightly decelerated for the second straight quarter in Q1, when there was a 5 percent decrease from a revised 5.3 percent in Q4 2015, Bank of Greece (BoG) data showed on Thursday.
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EconomyMacroeconomy
Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015 Greek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly decelerating pace compared to the revised 5.8 percent drop in Q3, Bank of Greece (BoG) data displayed on Monday.
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EconomyMacroeconomy Court ruling creates new complication for gov't, this time with property tax According to reports, the plenary of the Council of State has decided that the statutory (“objective”) prices for real estate should be retrospectively adjusted as of May 21, 2015.
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EconomyMacroeconomy
Apartment prices fall at an accelerating pace of 6.1 pct in Q3 Greek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating pace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed on Wednesday.
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EconomyMacroeconomy Rate of drop in apartment prices picks up again in Q2 After decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated to 5.6 percent in the second quarter (Q2) of 2015 from a revised 4.1 percent in Q1, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Apartment prices down by 3.9 pct in Q1 for seventh straight QoQ fall The fall in Greek apartment prices decelerated for the seventh straight quarter to 3.9 percent in Q1 2015 from a downward revised 5.4 percent in Q4 2014, according to the Bank of Greece (BoG).