Greek buyers often favor the Athenian Riviera, northern Athens suburbs and the Cyclades; international buyers show a clear preference for the Cyclades, the Ionian Islands and Crete.

A new law will require all rent payments to be made through registered bank accounts, reshaping the obligations of both landlords and tenants. A revised tax scale for rental income, introduces a new middle bracket that will affect many property owners

Elxis data shows that in 2025 the average price of a newly built holiday property has climbed to 420,000 euros, up from 360,000 euros in 2024—a 17% rise that has not deterred interest from abroad.

A new ECOFIN 2025 report, “Housing in the European Union,” shows that home sale prices in Greece have surged by more than 60% since 2018, while rents have soared by over 45%.

Energy-efficient and “smart” homes are in strong demand—30–40% higher among younger investors—featuring solar panels, insulation, and low environmental impact.

Central Kifisia has shown the strongest momentum, recording a 50% increase between 2019 and 2025.

Over the past 18 months, interest in developing vacation homes in Greece has grown significantly, with both international clients and new investors entering the market.

The government vice president Kostis Hatzidakis revealed a 5-step plan to boost the Greek property market during a presentation at the 3rd Real Estate Conference in Athens on Tuesday. The five measures, either already underway or expected to take effect in the future, include a 35% cut in the uniform real estate property tax (ENFIA); […]

According to the latest report by the Governor of the Bank of Greece, net inflows from overseas property purchases reached 2.75 billion euros in 2024.

Data from the Bank of Greece shows that foreign investment in the country’s real estate market reached 2.75 billion euros in 2024—a 28.9% increase from the previous year.

In 2007, the Trump Organization explored the possibility of constructing a skyscraper complex and casino at the former Ellinikon Airport site in Athens.

The development will feature 408 fully furnished apartments ranging from 44 to 69 square meters, including open-plan studios and one- or two-bedroom apartments.

Turkish investors follow the Chinese with 1,471 permits, a trend largely attributed to economic instability and political tensions in their country, pushing many to seek alternatives in Greece’s real estate market.

The rising demand for properties in Athens’ southern suburbs continues to push prices upward. In 2024, real estate values in the area rose by approximately 7.9%, with forecasts predicting a more moderate 3% increase in 2025.

Official data from Greece’s statistical authority, ELSTAT reaffirms a surge in foreign buyers’ interest in newly built, energy-efficient holiday homes and properties, as construction activity in the housing market saw a sharp rise in 2024. In recent years, there has been a notable shift among residential property developers toward the holiday home market in Crete. […]

Greece’s appeal is driven by its competitive pricing compared to other luxury markets, such as the French and Italian Rivieras.

Particular emphasis will be placed on conducting studies, research, and processing data and information related to short-term rentals and their implications.

Greece is set to launch an application that records real-time data on sale prices of properties, anticipating that an increase in transparency, will eventually lead to a drop in the currently inflated prices of the real estate market. The app which is under development is expected to be fully operational by the summer of 2025. […]

Data presented by the platform also shows higher prices in first 3 quarters of 2024

For apartments in major cities, price increases have so far remained below 11%, with even smaller gains for properties overall.