Property

More market distortions

The government must do everything in its power to help prop up businesses that have been harmed by the coronavirus lockdown measures. However, it cannot continue to intervene to such an extent forever, altering the terms of contracts and agreements, as it did over the issue of rents.

Woman charged over leasing fraud in Thessaloniki

A 35-year-old woman in Thessaloniki has been accused of defrauding prospective tenants by renting them an apartment in the city center that she did not own.
More specifically, the suspect put the apartment up for rent on residential rental websites. According to reports, she conned a total of four people, who gave her down payments for the apartment between September 23 and 29.

New York’s Tallest Apartment Building

The cheapest apartment in a 472-meter skyscraper costs $ 6.9 million.

Americans represented the tallest apartment building in the world. The 472-meter tower is located in Manhattan, New York.

Construction workers are still installing its glass panels, but the media has been allowed to reach the 123rd floor, which offers spectacular views of Central Park and the Hudson River.

Bill increases discounts for unlicensed constructions, eases 'strategic investments'

Under a new draft bill submitted to public consultation this week, the government seeks to clear a number of environmental and zoning hurdles from the path of "strategic investments" and facilitate the legalization of unlicensed constructions and additions by offering financial incentives.

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