Lease
Lamda Development: signed lease agreement with Costeas – Geitonas Schools in Elliniko
The long-term lease agreement entails the development and operation of an educational institution in Elliniko
Ministry of Internal Affairs: 3.5 million euros for the new Glyfada High School - See how it will be constructed
Today the school is housed in a leased building from the 1990s, but it neither has the space nor meets the conditions required
New obstacle for short-term rental investors
A recent decision by the Thessaloniki Court of Appeal against an investor who attempted to convert office spaces into residences and utilize them for short-term leases is seen as a new major obstacle to similar ventures by creating a legal precedent.
- Read more about New obstacle for short-term rental investors
- Log in to post comments
Dozens of new store lease deals in the last few months
More than 150 new store lease agreements are have been recorded in 2023 in the most popular spots of the country, both in Attica and in other cities, such as Thessaloniki or Patra.
Temporary measures extended
The Ministry of National Economy and Finance put a bill up for public consultation on Friday that provides for the extension of various measures aimed at alleviating the effects of price hikes and inflation.
- Read more about Temporary measures extended
- Log in to post comments
Rents well below asking rates
The house price rally has inflated the expectations of rental property owners who are trying to maximize their monthly income. Comparing the prices asked in classified ads with those included in lease agreements, it turns out that the discrepancies are large.
- Read more about Rents well below asking rates
- Log in to post comments
Exhobitant rent hikes force tenants to share rooms
Rental pressures are forcing people to switch from sharing apartments, a common practice among university students, to sharing rooms, just like in dormitories, with sometimes up to eight people struggling to accommodate in a single room.
In response to the soaring demand, in recent weeks, room-sharing listings have started to come to the fore on rental platforms online.
- Read more about Exhobitant rent hikes force tenants to share rooms
- Log in to post comments
Landlords avoiding long-term lease contracts
As growing disputes between tenants and property owners show no sign of abating, landlords are increasingly preferring to lease out their homes on a short-term basis.
Their favorite potential occupants are now students who most landlords in the past simply avoided.
- Read more about Landlords avoiding long-term lease contracts
- Log in to post comments
EFKA assets set to turn into hotels
EFKA, the country's main pension fund, is proceeding with the utilization of an important asset, the building at 16 Praxitelous Street, very close to Klafthmonos Square in central Athens.
- Read more about EFKA assets set to turn into hotels
- Log in to post comments
Business spaces’ heady days
The increase in new leases for business premises, offices and shops, for both individual businesses and retail chains in Greece's two largest urban centers and other cities, has been steep this year.
- Read more about Business spaces’ heady days
- Log in to post comments