Savills

Athens is in 23rd place among the most desirable destinations for global digital nomads. 

The research, published by global property advisers Savills, concerns high-ranking managers who wish to relocate and work from afar. 

The prices of luxury homes in Athens saw the fourth largest increase among 30 cities worldwide during the first half of this year, per a survey by Savills, a British real estate consulting company.

Buying a newly built home in Greece carries an additional cost amounting to 30.2 percent of the property's original value, making this country the most expensive in terms of taxes and charges compared to rival investment destinations in Southeast Europe, a study by property services company Savills shows.

Investment in the domestic professional property market is expected to reach close to half a billion euros this year, which - if confirmed - would signal a rise of more than 80 percent from last year, when the figure remained under 250 million euros.

By Nikos Roussanoglou

Property prices in Greece would suffer huge devaluation if the country were to leave the eurozone and revert to a national currency.

By Nikos Roussanoglou

Athens offers the smallest discounts in rental rates for professional properties among 21 cities in the Europe, the annual report by Savills estate agents has found.

London's landmark "Gherkin" office tower, one of the landmarks on the British capital's skyline, went on sale for about 650 million ($1.1 billion, 820 million euros) on Tuesday after being placed into receivership.
      
Property firms Savills and Deloitte Real Estate were jointly instructed to sell the 41-storey block in the city's financial district.
      

By Nikos Roussanoglou