Real Estate Greece 2026 Market Outlook Buy

Introduction

The property market in Greece has undergone a fundamental transformation in recent years. After a long phase of recovery, a dynamic upturn has developed since 2019, driven by economic stabilisation, international demand and targeted investments.

At the end of 2025, the key question for many buyers and investors is: How will the property market in Greece develop in 2026 - and is it still worth buying property in Greece?

This market report offers a realistic, data-based assessment of the market development for 2026 and categorises prices, regions and demand objectively.

Greece is entering 2026 with stable economic foundations. International forecasts expect economic growth of around 2.3 to 2.5 per cent, which is still above the European average.

Main drivers:

• Stable tourism development
• Increasing investment from abroad
• EU funding programmes
• decreasing national debt
• Increasing private consumption
  

For the property market, this means an environment with plannable demand and long-term investor confidence.

Review

Between 2020 and 2024, Greece recorded one of the strongest price developments in Europe. From 2025, a normalisation of growth can be observed - but at a significantly higher price level.

Current average prices in 2025 (indicative values)

The values mentioned are standard market prices and vary depending on location, property quality, year of construction and demand.

Forecast for 2026

Moderate, sustainable price growth of around 3 to 6 per cent is expected for 2026. Market development will be more differentiated than in the boom years.

Immolymp classification:
The market has matured. It is no longer the general price increase that is decisive, but location, utilisation concept and purchase price discipline.

Athens and Attica

Athens remains the most stable property market in Greece. The capital benefits from:

• consistent owner-occupier and rental demand
• ongoing infrastructure projects
• international investor interest
  
  

Central city districts and the southern coastal areas are particularly in demand

Property in Athens

Crete

Crete is one of the most sought-after regions for property buyers. The island offers:

• good infrastructure
• international accessibility
• strong demand for residential and holiday properties
  
  

Compared to other islands, Crete remains moderately priced and attractive in the long term. Property in Crete

Peloponnese and emerging regions

The Peloponnese is becoming increasingly important. Buyers appreciate:

• Lower market saturation
• attractive entry-level prices
• high quality of life
  
  

These are opportunities for buyers with a long-term horizon.
Property in the Peloponnese

Thessaloniki

Thessaloniki is increasingly becoming an attractive location for property buyers. The city offers:

• strong local and student demand
• stable long-term rentals
• good infrastructure and international connections
  
  

Compared to Athens, Thessaloniki remains more moderately priced and offers long-term development potential. Property in Thessaloniki

Samos

Samos appeals to buyers looking for tranquillity, nature and authenticity. The island offers:

• natural location and high quality of life
• manageable market with limited supply
• attractive entry-level prices compared to other islands
  
  
  

Compared to islands with a strong tourist focus, Samos is particularly suitable for private use and long-term prospects. Property on Samos

Aegean islands

The Aegean Islands are one of the best-known and most prestigious property regions in Greece. They offer:

• strong international demand
• high visibility and brand impact of individual islands
• attractive prospects in the premium and second-home segment

Price levels vary greatly depending on the island. While top destinations are significantly higher, less crowded islands offer selective opportunities for long-term buyers. Property on Mykonos

Ionian Islands

The Ionian Islands are considered to be particularly green and close to life and appeal to buyers who value nature and quality of life. The region offers:

• High quality of life and good accessibility
• stable demand for residential and holiday properties
• balanced price-performance ratio compared to other islands

Compared to islands with a strong tourist focus, the Ionian Islands are often more sustainable and are well suited to owner-occupiers and long-term investors. Property on Zakynthos

Domestic buyers

Greek households are increasingly investing in residential property again, especially in modernisation and new builds

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International buyers

Demand from German-speaking countries, the USA, the UK and the Middle East remains stable. Reasons include quality of life, climate and diversification.

Investors

Investors are acting more selectively and focussing on:

• sustainable rental models
• good lettability
• Off-market properties
  
  

Off-market property Greece

The adjustment of the minimum investment to 400,000 or 800,000 euros has structured demand. The market has become less speculative, but of higher quality.

The Golden Visa remains relevant, but has a stabilising rather than price-driving effect.

Blog: Golden Visa Greece

The supply of new builds is growing more slowly than demand. This is due to high construction costs, approval processes and a shortage of skilled labour. At the same time, demand for energy-efficient properties is increasing.

Well-planned new builds and high-quality existing properties remain in short supply - a price-stabilising factor.

The following must be taken into account:

• regional overvaluations
• Stricter regulations for short-term rentals
• Differences in construction quality and authorisation situation
  
  

Recommendation: A professional inspection and realistic calculation are crucial.

The Greek property market will remain attractive in 2026, but more differentiated and demanding.

Summary:

• Stable economic framework conditions
• moderate price growth
• Strong demand in selected regions
• Opportunities for strategic buyers

Immolymp conclusion:

2026 is not a year for speculation, but a year for informed decisions.

If you want to buy property in Greece, you should think long-term, calculate realistically and be accompanied professionally.

Property Greece - Properties by region
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Data basis and methodology:

This market report is based on a combination of official statistics, international market analyses and Immolymp's practical market experience from assisting buyers and investors in Greece.

Among other things, the following were taken into account:

• National price indices and economic statistics (including central bank and statistical authorities)
• European comparative data
• international property market and research reports
• publicly available information on regulation and investment programmes
  
  

The prices and forecasts shown represent realistic market ranges and do not replace an individual property or location analysis.

Immolymp provides buyers and investors with holistic support - from market analysis and off-market access to structured purchase transactions in Greece.