In The News: Elxis CEO talks to ONE TV

Reading Time: 2 minutes

Table of Contents

Elxis CEO Giorgos Gavriilidis was interviewed recently by ONE TV on the “ONE Economy” program where he spoke about Greece’s real estate market, strong demand and what is driving buying interest.

 

In the interview Mr. Gavriilidis highlighted that the profile of foreign home buyers in Greece is changing as budgets increase. He said:

 

“At the start of Elxis’ 30-year history, foreign buyers were what you would call Philhellenes. They were people who loved Greece and looked for that traditional home with the white-washed walls and blue windows. After the pandemic, there has been a shift and the country has started to draw more institutional clients, who spot Greece after searching the market.”

 

“If you go to Spain, as far as the eye can see, you see 20 story apartment buildings on coastlines which have been built five kilometers inland. The uniqueness of Greece and the limitations in out-of-town planning building are comparative advantages, combined with the low prices on offer.”

 

“Greece still is, in comparison with other southern European countries, clearly the cheapest. Beyond this, Greece is very popular for rentals. There is recent data from AirDNA that shows that in Greece, in comparison with last year, demand has risen 232 percent for high quality holiday homes.”

 

“The main origin of our clients is Germany, the Netherlands and Belgium. We were founded in the Netherlands. The Benelux countries are our market, along with western European countries, the US, Australia and Canada. But mainly western Europe. People that don’t want to travel to Aruba or Netherland’s Antilles, or sit ten hours in a plane. They are discovering Greece, a destination that is 2-3 hours away from their country with excellent conditions.“

 

“At our company stands at exhibitions in the last 25 years, the average client that visited had a budget of 300,000, 400,000 and 500,000 euros and would come specifically for Greece. Now people are coming in that spend 3, 4 and 5 million euros, people that traditionally went to southern France or Spain. Greece is being discovered by people with money that also have a good return on their money.”

 

Looking for something in particular?
Dion Gavriilidis at Prodexpo
Market InsightsPress Releases

Press Release: How real estate sales could be completed in just 2-6 weeks

An exponential increase both in the speed of real estate transactions and in the overall size of the real estate market can be achieved through ...
Happy family on vacation in Greece
BlogPurchase Tips

Buying Property Together in Greece: How Co-Ownership Works

Buying a Home Together Under the Greek Sun  Buying a property together, whether with your spouse, partner, family member, or even a close friend, is ...
Olive Harvest in Greece
BlogLifestyle

Olive Harvest in Greece: Autumn Tradition, Taste & Lifestyle

Autumn in the Groves: What Happens in October–November  When the heat softens and the first cool breeze arrives, Greece moves into one of its most ...
Greek Islands
BlogIn The News

Global Recognition for Greece Travel Awards Highlight Beauty and Warmth in 2025

Greece is once again making headlines, not just for its beauty, but for its people, culture, and resilience. In 2025, the country has secured major ...
Parthenon
BlogHistory & Culture

The Parthenon Reveals Its Glory After Almost 2 Decades

The Acropolis, Greece’s most famous and historically important landmark, has experienced a remarkable change. For the first time in about 20 years, visitors to Athens ...
Beach in Mani Peninsula, Peloponnese
BlogIn The News

Tourism Growth Confirms the Peloponnese’s Growing International Appeal

Rising Tourism Puts the Peloponnese in the International Spotlight Something special is happening in the Peloponnese. Once mainly known to Greeks and a few in-the-know ...
Your search results

Compare Listings

Featured in

Receive the latest news

Join over 20.000 subscribers and stay informed on the latest market insights, updates, tips and more

We’ll send you our best articles, expert insights and newest listings.​

Personalized Greek Real Estate Guidance

Tell us more and our team of real estate specialists will get in touch! 

This quick form takes less than a minute to complete. We only need minimal information to get started.

Step 1 of 3

Your inquiry will be reviewed within 24 hours on business days.