Introduction
Halkidiki is a place to buy property in Northern Greece in 2026. It has a lot of things that people like such as a coastline, tourism and it is close to Thessaloniki. This is why property prices in Halkidiki are still going up.
People from countries also want to buy property in Halkidiki, which helps to keep property prices high.
However property prices are not going up at the speed everywhere in Halkidiki. Some places like Kassandra are very expensive. People are willing to pay a lot of money to buy property there.. There are other places in Halkidiki that are not as expensive and where property prices are going up faster.
In June 2026 the average price of a property in Halkidiki was about €2,897 per square metre. This is 6.86% more than it was in June 2025.. Some areas in Halkidiki had even bigger increases in property prices.
This is important, for people who want to invest in property. Just because a place is expensive it does not mean that the property prices are going up fast. People who want to invest in property need to think about what they want and look for places where property prices are going up fast.
This guide will show where property prices are rising fastest in Halkidiki in 2026. It will also explain why property prices are going up in these places and which areas people should be looking at if they want to invest in property.
1. What Is Happening to Property Prices in Halkidiki?
The property market in Halkidiki continues to follow an upward trend. Demand for coastal homes, holiday properties and investment real estate remains strong, while the availability of high-quality properties in the most desirable locations is limited.
As a result, asking prices have continued to increase across much of the region.
However, there are significant differences between individual areas. Some established coastal destinations already have high property values and are experiencing more moderate growth. Meanwhile, locations starting from a lower price level can record much stronger percentage increases.
For example, in June 2026:
- Halkidiki overall recorded an annual increase of approximately 6.86%.
- Kassandra recorded an annual increase of approximately 6.26%.
- Moudania recorded an annual increase of approximately 12.38%.
- • Ormilia recorded an annual increase of approximately 14.7%.
- • Polygyros recorded an annual increase of approximately 13.8%.
- • Toroni recorded an annual increase of approximately 13.4%.
These figures show why investors should look beyond the average price for Halkidiki when evaluating the market.
Why are prices continuing to rise?
Several factors are supporting property values across Halkidiki.
International buyers remain an important part of the market, particularly in coastal areas and destinations with an established tourism sector. At the same time, Greek buyers continue to seek holiday homes and properties that can combine personal use with rental potential.
New-build properties also play an important role. Modern villas and apartments with energy-efficient specifications, private outdoor areas and swimming pools can command considerably higher prices than older properties.
Other factors supporting demand include:
- Proximity to the sea.
- Accessibility from Thessaloniki.
- Strong summer tourism.
- Limited supply in premium locations.
- Demand for modern and newly built properties.
- Interest in properties with rental potential.
Together, these factors are creating a market where both established destinations and emerging locations can offer investment opportunities.
2. Kassandra – People Really Want To Buy In Halkidikis Established Market
Kassandra is one of the most well known places to buy property in Halkidiki. It is close to Thessaloniki has tourism facilities, nice beaches and many popular resorts, which makes it very attractive to both Greek and international buyers.
In June 2026 the average price that people were asking for a property in Kassandra was about €3,074 per metre which is around 6.26% more than the year before.
The prices can be very different depending on where you are in Kassandra.
Where are the prices going up in Kassandra?
Some parts of Kassandra are seeing price increases than the rest of the area.
The central part of Kassandra saw prices go up by 12.4% in a year while Fourka went up by around 9.0% and Kallithea by about 7.9%.
Nea Fokaia is still one of the expensive places with average prices of about €3,533 per square metre and a price increase of around 5.5% in a year.
This shows that in a mature property market like Kassandra, the places with the highest prices are not always the ones that see the biggest price increases.
Why do people still want to buy in Kassandra?
Kassandra is attractive because it has a mix of tourism and is easy to get to. Many places are within a drive from Thessaloniki and Thessaloniki International Airport which makes it very practical for international homeowners.
Buyers can also choose from different types of properties including:
- Small apartments for holidays.
- Old houses that have been renovated.
- Modern homes with two floors.
- New villas.
- Luxury homes with pools.
- Properties with views of the sea.
So for people who want to invest in property Kassandra is a choice because it is a mature market, with a good reputation and many different types of properties to choose from.
3. Sithonia – People Are Getting More Interested In Sithonia Than Kassandra
Sithonia is becoming a part of the Halkidiki property market. People like Sithonia because it has natural landscapes, beautiful beaches and not too many buildings. This makes Sithonia a great place for people who want to stay from the busy areas of Kassandra.
The prices of properties in Sithonia are also going up fast. In June 2026 the average price for a property in Sithonia was about €3,353 per square metre. This is an increase of 11.17% from the year.
The prices are not going up at the same rate in all areas of Sithonia.
Nikiti
Nikiti is one of the important places for real estate in Sithonia. Nikiti has a village, a long coastline, new residential areas and a tourism sector that is already established.
In June 2026 the average price for a property in Nikiti was about €3,409 per metre. This is an increase of 13.71% from June 2025.
Nikiti is a place for people who want to buy a property to use in the summer and also rent it out during the tourist season. The area has buildings, tourism and people want to buy properties for holidays.
Neos Marmaras
Neos Marmaras had a bigger increase in prices. The average price for a property in Neos Marmaras was about €2,998 per metre in June 2026. This is an increase of 14.9% from the year.
Neos Marmaras is one of the established tourist destinations in Sithonia. It has beaches, restaurants, shops and a lot of hotels.
This makes Neos Marmaras a great place for people who want to buy a property for holidays or to invest in.
4. Nea Moudania and Nea Potidaia – Some of the Fastest Price Growth
One of the most interesting developments in Halkidiki’s property market can be found around Moudania.
While average asking prices remain below those of many premium areas in Kassandra and Sithonia, the pace of growth has been considerably stronger.
In June 2026, the average asking price across Moudania reached approximately €2,287 per square metre, representing an annual increase of 12.38%.
This creates an interesting situation for investors. Instead of entering an already expensive market, buyers can consider areas where prices remain comparatively accessible but are increasing at a faster rate.
Nea Potidaia – One of the strongest increases
Nea Potidaia stands out particularly clearly.
In June 2026, the average asking price reached approximately €2,250 per square metre, representing an increase of 19.43% compared with June 2025.
This is significantly above the 6.86% increase recorded across Halkidiki as a whole during the same period.
Nea Potidaia benefits from a strategic location at the entrance to Kassandra, providing relatively easy access from Thessaloniki while also offering the coastal lifestyle associated with Halkidiki.
The area attracts buyers looking for:
- Holiday homes close to the sea.
- Properties within convenient driving distance of Thessaloniki.
- Apartments and maisonettes for seasonal use.
- Properties with summer rental potential.
- More accessible prices compared with some premium destinations further into Kassandra.
For investors focused on capital growth, the recent increase in asking prices makes Nea Potidaia one of the locations worth monitoring closely.
Nea Moudania – A more year-round market
Nea Moudania offers a different investment profile from many of Halkidiki’s resort destinations.
Rather than functioning primarily as a summer destination, it has a stronger year-round residential and commercial character. Residents have access to supermarkets, shops, healthcare, schools, restaurants and everyday services throughout the year.
This can be particularly important for investors who do not want to depend entirely on seasonal tourism.
The wider Moudania market also demonstrates how rapidly some less expensive locations are changing. In addition to Nea Potidaia, several surrounding areas recorded notable annual increases in asking prices in June 2026.
These included:
- Zografou: approximately +16.0%.
- Moudania Centre: approximately +15.6%.
- Portaria: approximately +13.5%.
- Flogita: approximately +7.6%.
The figures suggest that price growth in this part of Halkidiki is not concentrated in a single coastal destination.
5. Emerging Areas Where Prices Are Increasing
Some of the growing property markets in Halkidiki are not necessarily the areas most familiar to international buyers.
This is important because established destinations often already command premium prices. Emerging locations may start from a price level meaning that increased demand can produce stronger percentage growth.
Polygyros
Polygyros also recorded annual growth with asking prices increasing by approximately 13.8% in June 2026.
As the capital of Halkidiki Polygyros differs considerably from the regions coastal resort markets. It has a year-round character and is less dependent on summer tourism.
This means that buyers evaluating Polygyros are generally considering an investment strategy from those purchasing a beachfront villa or holiday apartment.
Why emerging markets deserve attention
Rapid price growth does not automatically make an area an investment. A large percentage increase can sometimes occur because prices started from a low base or because the number and type of properties available for sale changed.
Therefore investors should consider factors together:
- Current asking price per square metre.
- Historical price movement.
- Availability of properties.
- Local rental demand.
- Accessibility.
- Tourism activity.
- New development.
- Potential resale demand.
Looking at these factors together provides a realistic picture, than simply selecting the area with the highest annual percentage increase.
6. Why Are Some Areas Growing Faster Than Others?
The growth of property prices in Halkidiki is not because of one thing. Each area has its special things and the biggest increases usually happen where many good things come together.
Understanding these things is very important for people who want to invest in property. A place that is already expensive may still do well. An area with better roads more people wanting to buy and lower prices may be a better choice for the future.
Being close to the sea is a deal.
Properties near the beach are very popular with people who want to buy a holiday home or people from countries. If you can see the sea and walk to the beach it can make the property more valuable.
People who want to buy should think about if they are paying too much for this. Properties a little further from the beach can be a choice and still be close enough to the sea to be a good place to live.
New buildings and luxury homes are also important.
Many people who want to buy a property now want things like energy efficiency, modern design, a private pool, a nice garden, parking, a big terrace, high-quality construction and a view of the sea.
In some areas near the beach it is hard to find properties. So new villas and apartments can be very expensive compared to properties.
This is also why the average price of properties can go up when new or luxury properties are sold.
Many people from countries want to buy property in Halkidiki, especially near the sea.
Foreign buyers like places with tourism, easy access from Thessaloniki and a good reputation.
That is why places like Kassandra and Sithonia are still very popular even though they already have some of the property prices in Halkidiki.
Tourism is also a factor in the property market.
Places that are popular with tourists can have a lot of people wanting to rent properties during the summer. This makes these properties attractive to people who want to invest and also use them themselves.
Investors should know the difference between places that are busy all year and places that are only busy in the summer. Areas like Nea Moudania have people living there all year while many beach towns are only busy in the summer.
Being able to get to a place from Thessaloniki is very important in Halkidiki.
Many visitors come to Halkidiki through Thessaloniki so areas that are easy to get to from the city and the airport can be more attractive to buyers those buying a second home.
That is why places near the entrance, to Halkidiki and Kassandra are still very popular.
Are the Most Expensive Areas Also the Best Investments?
Not necessarily.
One thing we can learn from Halkidikis property market is that the price of a property and its potential to be an investment should be thought about separately.
Places that are very popular with buyers often have advantages like people wanting to buy there being well known around the world and not many properties available.
However people who want to invest in these places usually have to pay money to be able to buy property there.
In July 2026 Pallini had the average asking price for properties among all the areas in Halkidiki at about 3,542 euros per square metre.
Sithonia was next with a price of about 3,339 euros per square metre and Kassandra had an average price of about 3,055 euros per square metre.
At the time some areas with lower prices were seeing bigger increases in price over the year.
Premium locations versus emerging markets for property buyers.
A premium location may be good for buyers who want things like established demand for properties, high quality properties and locations on the coast.
It may also be good for people who want to buy luxury properties and keep their value over time.
On the hand an emerging market may be better for buyers who want things like lower prices to get into the market a bigger chance that the property will increase in value and the chance to get into a new area early.
It may also be good for people who want to fix up properties and make them better.
Neither way is always better than the other.
The right choice depends on how money the investor has what they want to achieve and how much risk they are willing to take.
Rental income versus increase in property value for property investors.
Investors should also think about whether they want to make money from renting out the property or if they want the property to increase in value over time.
A place that is very popular in the summer may be able to bring in a lot of money from rentals. It will need to be managed actively and the demand will be very different in the summer and the winter.
On the hand a place where people live all year round may be able to bring in a steady income from rentals but the amount of money it brings in will be lower than in a popular summer area.
The value of a property increasing over time is a thing.
Areas that are being developed or becoming more popular with buyers may see the value of properties go up faster even if the rental market is not as established.
So investors should not just look at the price of a property when deciding whether to buy it.
They should think about the property investment as a whole and what Halkidikis property market’s like.
They should think about what they want to achieve with their property investment, in Halkidikis property market.
8. Where Could Property Prices Rise Next?
It is not possible to know for sure what will happen to property prices in the future.. We can look at what is happening in the market right now to get an idea of what areas might be popular with buyers.
In July 2026 the average price of a property in Halkidiki was about €2,893 per metre. This is 5.93% higher than it was one year ago.
Some areas are growing faster than this. For example Ormilia saw a 12.2% increase Moudania had an 11.7% increase Polygyros had a 10.9% increase Toroni had a 10.4% increase. Sithonia had a 9.9% increase.
This shows that property prices are not just going up in the expensive areas of Halkidiki.
Established Coastal Destinations
Places like Kassandra and Sithonia are likely to remain popular with property buyers. They are already well known for their tourism. Have a lot of development along the coast.
People who want to invest in property in these areas should look closely at each village and type of property. They should not just look at the price for the whole area.
For example a new villa near the sea is very different from an old apartment inland even if they are in the area.
Developing Locations
Areas that are not as expensive might be worth looking at if they’re becoming more popular.
Moudania is an example. The average price of a property there is still lower than in Kassandra and Sithonia. It has seen stronger growth recently.
Ormilia and Polygyros are also seeing price growth even though they are not well known as some other areas in Halkidiki.
For investors these areas might be an opportunity to get in at a lower price and be part of an area that is becoming more popular.
What Should Investors Watch Beyond 2026?
Of trying to guess which area will see the biggest increase in property prices investors should look at the things that make an area popular in the long term.
These things include:
- New homes being built.
- Improvements to roads and other infrastructure.
- People from other countries wanting to buy property.
- Not many properties available near the coast.
- Tourists visiting the area.
- Better services available all year round.
- Easier to get to from Thessaloniki.
- People wanting properties that are energy efficient.
Importantly investors should look at how much prices have gone up recently and compare it to what the area is like. Just because prices have gone up a lot in one year it does not mean they will keep going up at the rate. Property prices in Halkidiki and other areas will keep changing. Investors should watch property prices, in Halkidiki closely.
FAQs
Are property prices still rising in Halkidiki?
Yes. Property prices in Halkidiki are still going up. In July 2026 the average price that people were asking for a property in Halkidiki was about €2,893 per metre. This is an increase from the year before.
Which part of Halkidiki is the expensive?
If we look at the price that people were asking for a property in July 2026 Pallini was the most expensive area in Halkidiki at about €3,542 per square metre. Sithonia was also expensive at about €3,339 per metre. Kassandra was a bit cheaper at about €3,055 per metre.
Where are property prices rising fastest?
Some areas in Halkidiki like Moudania, Polygyros and Toroni are seeing increases in property prices. These areas are popular and property prices are going up fast. There are also some areas in Halkidiki where property prices are rising very quickly.
Is Kassandra or Sithonia better for property investment?
Both Kassandra and Sithonia are areas to invest in property. Kassandra is an area with a lot of tourists and it is easy to get to from Thessaloniki. Sithonia is a bit quieter. Has some very beautiful natural surroundings. The best area for you will depend on what you’re looking for in a property and how much money you have to invest.
Is Nea Moudania an area to invest in?
Nea Moudania is an area to invest in if you are looking for a place that is not just a resort. It has a community and businesses all year round. Property prices in Nea Moudania have also been going up.
Are there still areas in Halkidiki?
Yes. There are still some areas in Halkidiki where you can buy a property without spending much money. If you are willing to look at areas that’re not right on the beach you can find some cheaper options.
Is it better to buy a build or resale property in Halkidiki?
Both build and resale properties can be good investments in Halkidiki. New-build properties are modern. Do not need as much maintenance. Resale properties can be cheaper. You can make them nicer by renovating them. The best option, for you will depend on the property. How much money you have to spend.