Real Estate Trends in Greece for 2025
The Greek real estate market has seen strong growth in recent years, driven by both domestic demand and international investment. As we move into 2025, several trends are shaping the market and creating new opportunities for buyers and investors.
GOLDEN VISANEIGHBORHOOD GUIDESREAL ESTATE INVESTMENT
Christos Boubalos
9/20/2025
1. Rising Demand for Energy-Efficient Homes
AAA+ rated properties with low energy consumption are in high demand.
Buyers are willing to pay a premium for homes with smart technologies, solar panels, and high insulation standards.
Developers are increasingly focusing on sustainable construction as both a legal requirement and a market advantage.
2. Continued Interest in the Athens Suburbs
North Athens (Kifisia, Marousi, Chalandri): Family-friendly areas with stable demand.
South Athens (Glyfada, Voula, Elliniko): Luxury seaside living, boosted by the Elliniko redevelopment project.
Suburban prices continue to rise as city-center supply remains limited.
3. Golden Visa: A Niche Route, Not a Market Driver (2025 Reality)
After the 2024–2025 reforms, the property investment threshold has been raised to €800,000 in high-demand areas (e.g., Attica/Athens, Thessaloniki, Mykonos, Santorini). This delivered a heavy blow to the program, which is no longer a mainstream driver of demand.
A €250,000 path still exists, but only for very specific cases:
Conversion of commercial properties into residential (the conversion permit must be issued after 5 April 2024).
Restoration of listed/heritage buildings.
Such opportunities are extremely rare, especially in prime locations. They require expert sourcing, legal clarity, and hands-on project management.
POLI Real Estate specializes in precisely this niche: carefully selected buildings with qualifying potential, particularly in desirable areas of Athens.
4. Growing Popularity of Renovated Apartments
Older properties in central Athens (Kypseli, Exarchia, Pangrati, Kato Patissia) are being renovated for both local buyers and international investors.
Renovated units offer a lower entry cost (compared to new builds) with rental yields of 5%–6%.
This trend provides opportunities for small-scale investors and first-time buyers.
5. Tourism-Driven Coastal & Island Investments
Seafront villas and boutique hotels continue to attract international buyers.
Properties with private beaches are considered “legend” assets — extremely rare in Europe, highly prestigious, and future-proof investments.
Areas such as Evia (just 1–2 hours from Athens), Crete, Mykonos, and Corfu remain hotspots.
✅ Conclusion
The Greek real estate market in 2025 is defined by:
The rise of sustainable homes,
Strong demand in Athens suburbs,
A niche but rare Golden Visa path,
Growth in renovated apartments, and
Prestige investments in coastal and island properties.
For investors, Greece offers a rare mix of lifestyle, stability, and long-term appreciation that few European markets can match.
📞 Looking to Invest in Greece?
At POLI Real Estate, we provide expert guidance on identifying the right opportunities — from energy-efficient apartments to seafront villas and boutique developments.
Brokerage
Contact
info@poli.gr
+30-6972-666688
+30-6972-885885
© 2025. All rights reserved.