In 2024, the net inflow of funds from foreign property purchases in Greece reached 2.75 billion EUR, according to data from the Central Bank of Greece. Over the past 2 years, the total volume of these investments has approached 4.9 billion EUR, which indicates growing investor confidence in the prospects of the Greek market.
Most experts expect the current price dynamics to continue. About 49% of respondents predict a stabilization of prices, while 46% expect them to continue to grow. At the same time, 42% of experts believe that the growth will not exceed 5%, and only less than 5% expect a decrease in prices.
The rental market shows a similar picture: 47% of survey participants expect an increase in rental prices, but within 5%. The rest expect the current level to remain the same or decrease slightly.
More than half of experts (57%) believe that by the end of 2025, housing demand will exceed supply. Only 12.8% believe that supply will be greater, while 30% see the market as balanced.
As for the volume of transactions, 47.4% expect them to be stable, 41% expect growth and only 11.6% expect a decrease.
Demand is mainly directed towards apartments, which are chosen by 64% of buyers. In second place are private houses and townhouses (19.4%), followed by land (9.3%) and suburban real estate (7.6%).
The majority buy homes for their own use (61.5%), while 38.5% view real estate as an investment.
Foreign buyers play an increasingly significant role in the Greek market. If in the country as a whole their share, according to experts, is from 20% to 30%, then in Athens, Thessaloniki and key tourist areas this figure is significantly higher.
In popular destinations such as the Cyclades, the Ionian Islands, Halkidiki and Ermionida, the share of foreign buyers can exceed 70%, which emphasizes their growing influence on local property markets.
Thus, the Greek market continues to demonstrate resilience, remaining attractive to both local and international investors despite global economic challenges.
Detailed statistics on average property prices in Bulgaria by cities and neighborhoods can be seen at imot.bg