The Greek real estate market closed the first quarter of 2025 on a strong note, with residential property prices rising by 9.2% compared to last year. Demand remains vibrant across both urban and coastal areas, fueled by local buyers and international investors alike. With the summer season ahead, the outlook for the market remains positive.
Reviewing the Greek Real Estate Market – First Quarter of 2025
As April comes to an end, it’s the perfect time to take a closer look at how the Greek real estate market has performed during the first months of the year — and what trends are shaping its future.
Strong Momentum Across the Market
Even against a backdrop of global economic challenges, Greece’s property sector continues to show remarkable strength. According to the Bank of Greece, residential property prices increased by 9.2% year-on-year in Q1 2025, extending an impressive growth streak that now spans over six years.
Urban hubs like Athens and Thessaloniki are leading this growth, supported by steady local demand, urban renewal projects, and growing international interest.
What We’re Seeing So Far:
- Ongoing Demand for City Apartments:
Renovated apartments and modern living spaces in central locations remain top choices for buyers and investors looking for quality, convenience, and long-term value. - Rising Popularity of Coastal Properties:
From Chalkidiki to the Cyclades, demand for holiday homes and coastal investments is thriving, especially among international buyers seeking lifestyle properties or rental income opportunities. - Smaller Units in Focus:
Studios and one-bedroom apartments are gaining traction, appealing to young professionals and investors active in the short-term rental market. - International Buyers Staying Active:
Greece’s competitive pricing — compared to other European destinations — alongside programs like the Golden Visa, continues to attract buyers from Europe, the Middle East, and Asia.
Looking Ahead
With the summer season just around the corner, typically one of the most active periods for real estate, the momentum is expected to continue. Greece offers a compelling combination of lifestyle, investment potential, and economic stability — making it one of Europe’s standout real estate markets in 2025.
At Vista Estate, we are proud to support our clients at every stage of their journey — whether they’re searching for a new home, a holiday retreat, or a smart investment.
Thinking about investing in Greece? Let’s open new horizons together.