October 11, 2025 Chora, Folegandros Island, Greece. Credit: Wikimedia Commons / Etienne Dallaire / CC BY 4-0 For many international investors, Greece’s real estate market conjures images of houses on Santorini, chic villas in Mykonos, or restored neoclassical townhouses in Athens. But beyond the glossy postcards lies a less obvious world of opportunity: abandoned stone villages in the […]
Athens March the 13th 2025 for Property Investment News Since 2020, Greece’s real estate market has experienced a remarkable resurgence, establishing itself as one of Europe’s most promising investment landscapes. This period has been characterized by consistent property value appreciation, robust foreign investment, and strategic policy shifts that have collectively transformed the market’s dynamics. Market […]
The Athenian Riviera remains at the top of the demand for luxury properties, accounting for 17% of total requests for Greece, while on the contrary, interest in Mykonos seems to be declining. A key feature of 2024 was the increase in interest in luxury properties from Greeks, representing 16% of total demand. The United States […]
House prices have returned to where they were before the crisis, but the same has not happened with investments in the sector, which still deviate dramatically from the levels of 2007. Combined with the slow issue of housing loans, this has led to a reduced supply of properties, keeping the cost of housing high. “The […]
Sofia Spingou 11.12.2024 • 17:40 Greece’s supreme administrative court, the Council of State, has ruled that key provisions of the New Building Regulation (NOK) are unconstitutional. These provisions include incentives to increase building height in exchange for enhanced energy efficiency and more communal and green spaces, which, the court ruled, violate Article 24, paragraphs 1 […]
Konstantinos Kioleoglou, Managing Partner of Avakon, analyzes the trajectory and prospects of the Greek real estate market, placing the phenomenon of the Athenian Riviera under the microscope. He examines its strengths and weaknesses in comparison to other global destinations for luxury home purchases. Konstantinos Kioleoglou, Managing Partner of Avakon, analyzes the development and prospects of […]
Nikos Roussanoglou 20.10.2024 • 15:47 The number of people who have to rent their homes keep rising, as the percentage of those living in their own home is dropping. As sales prices continue their rally, meanwhile, this trend is only expected to intensify further in the coming years. According to data presented recently […]
Significant changes are sweeping across Greece’s real estate market as the new Golden Visa regime takes effect from 1st September 2024. This long-anticipated shift brings with it a more demanding set of requirements for foreign investors seeking residency permits through real estate investment, signaling the government’s intent to reshape its housing policy while still maintaining […]
The pattern that stands out in the Greek residential property market this year is the sale of homes costing up to 150,000 euros each, with bank funding of no more than 70-80 percent, according to data compiled by Individual Market Solution (IMS). However, unlike in previous years, buying interest has clearly increased, even if for […]
