Discover everything you need to know about Greece’s real‑estate market and the 2026 outlook. BUY GREECE LLC — headquartered in Chicago and Athens — combines deep local insight with an understanding of Greek property laws. We offer honest, respectful real‑estate services, development and consulting to help you make confident investment decisions.
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The Ellinikon by Lamda Developments.
Every answer below is drawn from the statistics on this page. Figures are indicative and dated; confirm current levels before committing capital.
The average asking price in Athens Center reached €2,317/m² in Q1 2025, an annual change of +11.77% year over year. Source: BuyGreece market tracking based on Spitogatos and Global Property Guide data.
Thessaloniki posted the strongest Q1 2025 growth in Greece, with residential values up roughly 10% year over year. The Thessaloniki Municipality average reached €2,558/m² (+12.54% y/y), suburbs €1,815/m² (+10.20%), and the remainder €964/m² (+15.31%).
Under Law 5100/2024 (effective September 2024), the minimum real-estate investment for a Greek Golden Visa is €800,000 in Attica, Thessaloniki, Mykonos, Santorini and islands with population over 3,100; €400,000 in the rest of Greece; and €250,000 for restorations of listed buildings or conversions of commercial property to residential.
Over the last decade, the Greek Golden Visa program injected approximately €5.54 billion into the country's real-estate market.
Average asking prices in Athens South reached €4,000/m² in Q1 2025, up 9.17% year over year.
Average asking prices in Athens North reached €3,222/m² in Q1 2025, a 7.40% annual increase.
Average asking price in Piraeus was €2,500/m² in Q1 2025, with 7.16% annual growth.
Athens residential values increased 5.47% year over year in Q1 2025. Within the city, Athens Center grew +11.77%, South +9.17%, East +9.51%, West +9.31%, and North +7.40%.
Asking prices in Glyfada run approximately €3,500–€10,000+/m² depending on micro-district, with the golf and seafront districts at the top of the range and The Ellinikon repricing the border zone.
Mykonos averages €7,500–18,000/m² with trophy sales above €20M, and Santorini €4,500–7,500/m². These two islands carry the highest Greek Golden Visa investment threshold of €800,000.
Approximate 2025 price ranges per square metre: Athens €4,500–8,000; Thessaloniki €2,300–3,000; Mykonos €7,500–18,000; Santorini €4,500–7,500; Naxos €3,700–4,800; Syros up to €2,500; Corfu €3,400–8,000; Lefkada €2,500–6,500.
Detached houses up to 150 m² in Greece average approximately €350,000. The nationwide average asking price for residential properties is €2,561/m².
National property prices in Greece rose 53.8% between 2017 and 2023. In the Attica region (Athens metropolitan area), prices climbed 71.1% over the same period.
The European Banking Authority projects 4.4% price growth in 2025, with average annual growth during 2025–27 expected to stay below 3.4%. Analysts expect approximately 3% annual price growth from 2025 through 2030. The Greek real-estate sector is forecast to expand at 3.53% annually (2024–29), reaching a $1.82 trillion market by 2029.
Greece plans approximately €45 billion in real-estate investments by 2030: roughly €40 billion for new construction (adding 350,000 housing units) and €5 billion for upgrades to existing stock.
Properties within 500 metres of the Athens coastline command a 27.8% price premium over inland equivalents. The Athens Riviera has posted average annual price gains of 11.3% since 2021.
Expected gross rental yields in the Athens Riviera are 5.1–5.8% annually.
District prices in Agios Dimitrios have grown 8.1% per year since 2021, a cumulative 31.2% rise, making it one of the top 3 fastest-appreciating southern Athens districts. Building permits issued have risen 43% since 2019.
Property values in Peristeri increased 42.3% after the Athens metro extension (since 2021). Price per square metre rose from €1,350 in 2020 to €2,245 in early 2024.
Property prices in Chalkidiki start at approximately €2,000/m² in standard locations and exceed €10,000/m² in top beachfront spots.
Detached houses on Andros (Cyclades) cost approximately €2,300–3,100/m².
Kalamata, Nafplio and the broader Peloponnese region recorded 15–20% price growth since 2020, as buyers look beyond saturated island markets. Greek islands with international airports (Rhodes, Crete, Corfu, Zakynthos) have averaged 11.3% annual price growth since 2021.
Comparable villa rentals on Zakynthos earn €175/day in low season, €320/day in shoulder season, and €465/day in high season. Occupancy is approximately 87.3% and gross yields run around 6.8%. Zakynthos welcomed 872,000 international visitors in 2023 (a 93% recovery to pre-pandemic levels).
Greece's GDP is projected to expand 2.1% in 2025 and 2.3% in 2026. The unemployment rate has fallen from a crisis peak of 27.9% to 9.8% by October 2024, boosting domestic purchasing power. Tourism revenue reached €20.5 billion in 2023, 12.3% higher than pre-pandemic levels.
Foreign investment in Greek real estate hit a record €3 billion in 2023, up 8% year over year. However, FDI in real estate fell 17.8% in H1 2025 (from €1.142 bn to €0.938 bn) as Golden Visa thresholds rose under Law 5100/2024.
Apartment prices in major Greek cities increased by less than 11% in 2024. Annual apartment price growth in Q2 2025 reached 7.3%, driven by construction-cost inflation and supply shortages.
Comparable Athens Riviera restorations have appreciated 32.7% from pre-construction purchase to delivery.
Thessaloniki led with about 10% y/y growth. Urban markets outside Athens and Thessaloniki saw 7.31% price growth. Spitogatos reported national average asking prices rose 8.8% y/y in Q1 2025.

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