The Greek real estate market is poised for a remarkable year, with predictions suggesting that it will be the most dynamic in the last fifteen years. According to recent analysis by eXp Greece, based on data from the European Central Bank, residential sales in 2025 are expected to increase by 2.2%, raising the annual transaction volume to the highest point since 2009. This positive forecast is largely due to the country's tourism profile, which is providing a significant boost to the Real Estate Greece market.
# Overview
The Real Estate Greece market has experienced an impressive recovery in recent years. In the pre-pandemic era, the market had already recorded five consecutive years of growth in terms of annual transactions. Although the pandemic led to a significant decline in 2020, with a -22.6% drop, the market's recovery was rapid. In 2021, transactions skyrocketed by 40.1%, followed by further increases of 7.2% in 2022 and 8.8% in 2023. An additional 5.8% increase is estimated for 2024, setting the stage for new records in 2025.
# Driving Factors
According to eXp Greece, the market's revival is due to a combination of factors, including strong international demand, the continued attractiveness of seaside and "lifestyle" locations, as well as government programs such as the Golden Visa that attract capital from abroad and strengthen the country's profile as an investment destination. These factors have contributed to the growth of the
Real Estate Greece market, making it an attractive option for investors and buyers alike.
# Market Analysis
Kostas Taralas, head of Greek Exclusive Properties, notes that the Greek market has "transformed dramatically over the last decade" and is now "one of the most resilient and attractive in Europe." Although annual growth rates are showing signs of slowing, he stresses that even small increases are significant when added to an already very strong base. Taralas estimates that activity will reach levels not seen since 2009, further solidifying the position of Real Estate Greece as a leading market in the region.
# Conclusion
In conclusion, the Greek real estate market is heading for its most dynamic year in the last fifteen years, with predictions suggesting a 2.2% increase in residential sales in 2025. The combination of strong international demand, attractive locations, and government programs has contributed to the growth of the Real Estate Greece market, making it an attractive option for investors and buyers. As the market continues to grow, it is likely that we will see new records set in the coming years, further solidifying the position of Greece as a leading destination for real estate investment. With its unique combination of natural beauty, rich culture, and economic stability, the Real Estate Greece market is poised for continued success in the years to come.
Napoleontos Zerva, Glifada Athens
Athens, Santorini, Mykonos, Crete, Paros, Corfu, Naxos
+306975629519
info@greekexclusiveproperties.com
ktaralas@msn.com