The property market in Greece is transforming

Greece continues to attract significant foreign investment in the real estate sector.
According to data from the Central Bank of Greece, in 2024 the net inflow of funds from foreigners for the purchase of real estate reached 2.75 billion euros. Over the past two years, the total volume of such investments has been approaching 4.9 billion euros, which is a clear sign of the growing confidence of investors in the prospects of the Greek market.

Price and demand trends

A study by CERVED Property Services shows that most experts expect the current price trend to continue.
About 49% of respondents predict price stabilization, while 46% expect a further increase.
At the same time, 42% of experts believe that growth will not exceed 5%, and less than 5% predict a decline.

The rental market follows a similar dynamic: 47% of survey participants expect rents to increase by up to 5%, while the rest predict a maintenance of current levels or a slight decrease.

Balance between supply and demand

Over 57% of experts believe that by the end of 2025, demand will continue to exceed supply.
Only 12.8% predict a predominance of supply, and 30% assess the market as balanced.

Regarding transaction volume:

• 47.4% expect stability

• 41% – growth

• 11.6% – decrease

Buyer preferences

The demand is mainly concentrated on apartments – 64% of buyers prefer them.
In second place are houses and townhouses (19.4%), followed by plots of land (9.3%) and suburban properties (7.6%).

Most buyers are looking for a property for personal use (61.5%), while 38.5% view the purchase as an investment.

The role of foreign investors

Foreign buyers are playing an increasingly significant role in the Greek property market.
At the national level, their share is between 20% and 30%, according to experts.
In Athens, Thessaloniki and key tourist areas, this percentage is significantly higher.

In popular regions such as the Cyclades, the Ionian Islands, Halkidiki and Ermionida, the share of foreigners can exceed 70%, highlighting their influence on local markets.

Based on materials from prianproperty.com