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nadellii

Active member
There are like SO MANY…someone please explain why!! I’m super curious 😎
 

Worldwide Greeks Editor

Administrator
Staff member
LOL this is a good and funny question to ask! :)

My answer is pure speculation based on years of going to Greece (and hearing family/friends stories, etc), could be a combination of the following:

- Wanting to build on a plot of land and not wanting to pay taxes.
- Running out of funding during construction process.
- Fire or another natural disaster and waiting for insurance company to repair.
- Waiting for building permits to get approved.

Again, these are some thoughts and ideas as to why buildings might not be fully built in Greece.🇬🇷
 

Jerry s

Member
LOL this is a good and funny question to ask! :)

My answer is pure speculation based on years of going to Greece (and hearing family/friends stories, etc), could be a combination of the following:

- Wanting to build on a plot of land and not wanting to pay taxes.
- Running out of funding during construction process.
- Fire or another natural disaster and waiting for insurance company to repair.
- Waiting for building permits to get approved.

Again, these are some thoughts and ideas as to why buildings might not be fully built in Greece.🇬🇷
The most common is running out of funds but they know when they start they don't have enough funds to complete. They start the project and continue until they run out in the hope they will have the funds to finish some time in the future .
Building insurance is not very common in Greece like it is in your country, it does exist but only a very small % have some cover . The same with comprehensive motor car insurance but a bigger % have it.
 

paharo45

Active member
The most common is running out of funds but they know when they start they don't have enough funds to complete. They start the project and continue until they run out in the hope they will have the funds to finish some time in the future .
Building insurance is not very common in Greece like it is in your country, it does exist but only a very small % have some cover . The same with comprehensive motor car insurance but a bigger % have it.
Yes this is true and the majority of the reason you'll see so many half built buildings. Also many people take out loans and then run into more money issues down the line. In general, there isn't a lot of financial planning and thinking ahead on Greece, people are trying to make a quick buck
 

k_tsoukalas

Moderator
There are like SO MANY…someone please explain why!! I’m super curious 😎
In Greece, there is a loophole tax rule (at least, there was when I asked someone in Greece this question). If the home is unfinished, you don't need to pay taxes. So, many homes were made to look unfinished to try to avoid being taxed. Then, there are also some areas where there was a housing boom, then the boom ended and the construction on certain homes was abandoned. This happened on Crete - there were many homes being built around an American military base, but then the base was closed. So there are a fair amount of home skeletons in the area where the base was.
 

Greece Updates Travel Rules.

Are you wondering how Greeces economy is doing?

I have been asking this question for quite some time, how is Greece's economy doing after the pandemic? And now that there is probably going to be another lockdown? Because Greece is a country that heavily relies on tourism, they really struggled during the summers and many small businesses closed. Although, things don't seem to be as bad as many of us think. There are many articles like this one that are showing some signs of hope.

I cant get enough of Greece during the Christmas time!

Many areas of Greece are lit up during Christmas time, especially Athens! One of my favorite parts of Greece is the Christmas cheer and spirit during these times. Its so special because the Untied States is so commercialized during the Christmas time that so much of the meaning is lost, especially the spiritual aspects. The same goes for any religious holiday.

Resources for tracking covid in Greece

This is for all of my fellow travellers and for those who live in Greece and have loved ones in Greece. It's really hard to find good resources these days, and I tend to get overwhelmed with everything that's going on in the news, so I like to have a few websites in my back pocket when I want to check and see how things are doing. I hope this doesn't overwhelm folks and just helps spread some accurate info.



"Epiphany"..... What a splendid explanation by Maria! !♥️🇬🇷🇬🇷

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