Mykonos

Why Mykonos is heading for a second year of tourism decline

The figures so far show that this season will be exceptionally good for Greek tourism. However, this does not seem to be the case for Mykonos, which for the second consecutive year is showing that it will have fewer visitors.

Data show a fresh reduction, not only in bookings, but also in available airline seats.

Golden Visa: At €800,000 for Attica, Thessaloniki and major islands

With purchases of properties over 120 sq.m. in the regions of Attica and Thessaloniki, in Mykonos, Santorini and on islands with a population of over 3,000 inhabitants - The limit is 400,000 in the rest of Greece - Stricter conditions for Golden Visa - All changes for Airbnb rentals

Island communities divided over spread of holiday villas

An increasing number of Greece's Aegean islands are following the model used - many say overused - on Mykonos and Santorini, both international tourism magnets. New construction springs up constantly, as for example on the island of Sifnos (photo), with homeowners increasingly coming from abroad.

Investment of 200 mln euros in six-star Mykonos hotel

A 200 million-euro investment for the development of a complex tourism accommodation with a six-star hotel in Agrari in Mykonos is being promoted by German-owned Southrock Property Company Eleven.

Southrock is the Greek subsidiary of the Otto business group based in Hamburg, Germany and is the operator of the investment.

Nikos Gryparis: From "Caprice", "Sea Satin" and real estate in Mykonos, he has nothing left

Up for auction in June two properties that were confiscated by the government of the former "lord" of Mykonos, with a starting price of 2.5 million euros and 859,000 euros - The businessman could have bought the whole island but he was "spending money without a tomorrow"

As development alters Greek islands’ nature and culture, locals push back

ATHENS - With a deluge of foreign visitors fueling seemingly nonstop development on once pristine Greek islands, local residents and officials are beginning to fight back, moving to curb a wave of construction that has started to cause water shortages and is altering the islands' unique cultural identity.

A step forward

The stringent measures and fines announced by the government to safeguard the country's beaches must be effectively enforced by a mechanism capable of promptly identifying and addressing violations.

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