17.12.2025
Holiday homes with an average value of €450,000 were the primary choice in 2025 for foreign buyers. This represents a 37.3% increase over 2024, demonstrating international investors’ willingness to spend more to acquire higher-quality properties. This is the main conclusion of our latest survey by Elxis – At Home in Greece.
Elxis’ CEO Mr. Giorgos Gavriilidis commented that, “up until 2023, our clients’ spending ceiling was approximately €450,000–€500,000, and this amount concerned a relatively small number of people, as most buyers were in the €300,000–€350,000 range.” Today, based on company data, this has changed significantly, with strong demand for more expensive homes exceeding €500,000, particularly newly built properties with private swimming pools, spacious interiors, gardens, and additional amenities. There is also growing interest in even higher-value purchases, as transactions in the €600,000 to €1 million range have begun to rise. According to Elxis’ data, in 2022 the average value of sold holiday homes did not exceed €263,000, while in 2025 it reached €450,000, representing a 71% increase compared to just three years ago. Of course, a part of this development can be attributed to rising selling prices, driven by the higher-quality specifications of newly developed properties. Based on Elxis’ data, over the past 12 months the average price of a newly built villa with a garden and swimming pool has increased by 10.2%, reaching €4,675 per sq.m., compared to €3,458 per sq.m. in 2022, marking an overall increase of 35%.
The countries of origin that dominated buyer activity in 2025 were the Netherlands, Germany, and North America (USA/Canada). In contrast, buyers from the United Kingdom show a significant decline, a development which, according to Elxis’ analysis, is attributed to the deterioration of the country’s economic conditions. The average value of properties purchased by Dutch and Belgian buyers in 2025 shows an increase of 33.55% compared to 2024, while the average value of properties purchased by German buyers rose by 32.08%. As for North American buyers, the average property value increased by 43.13%. This significant rise is explained by the increase in the minimum investment threshold required to obtain a Golden Visa in Greece.
Interpreting the shift of foreign buyers towards more expensive and higher-quality developments, Mr. Gavriilidis notes that “newly built villas priced at €400,000–€500,000, featuring private swimming pools and located near the sea or offering sea views, are difficult to find in other European countries.” According to him, these properties also offer the added advantage of investment use for several months per year, as well as capital appreciation from a future resale. Regarding regions of interest, Crete remains the top choice, with total sales nearly matching the combined sales of all other regions. The Ionian Islands also continue to rank highly among foreign buyers’ preferences, while in recent years there has been a significant increase in sales in the Aegean Islands and the Peloponnese.
29.06.2026
More and more buyers from the United States and Canada are looking to fulfill their own "Greek dream" by purchasing a holiday home in Greece. According to our data, demand from these two markets increased by 50% during the first half of this year, establishing an entirely new trend in Greece's holiday home market.
25.05.2026
Holiday home prices across Greece are rising by 10.8% this year. According to a recent study of ours, the average price per square meter increased by 10.8% during the January – April period of this year compared to the same period last year, reaching €3,398/sq.m. from €3,067/sq.m. The main reason behind this increase is the significant rise observed in newly built properties, driven by strong purchasing interest from abroad, a sector in which we specialize, promoting properties to foreign buyers, mainly from Northern Europe and the United States. Specifically, in holiday homes purchased off-plan, the average value of signed contracts rose by 12.5% to €507,427. At the same time, the average price per square meter increased by 12%, from €3,790 to €4,245.
Commenting on this development, George Gavriilidis, CEO of Elxis, stated: “This year’s increase and the overall trend highlight the strong interest in newly built homes, despite increases in construction costs due to price adjustments. Buyers seeking modern specifications, high energy efficiency, and flexible usage options, such as personal use or investment purposes, continue to drive demand in the Greek market.”
27.04.2026
Crete, the Peloponnese, and the Ionian Islands stand out this year in terms of demand for holiday homes from international buyers. At the same time, an increasing number of foreign buyers are seeking newly built properties “off-plan” to benefit from lower prices. These findings come from one of the recent analyses.
23.03.2026
A shift is evident this year in the profile of foreign property buyers in Greece, following adjustments to the Golden Visa program. According to an analysis by Elxis – At Home in Greece, demand for residency permits has dropped by 83% compared to last year. This is based on demand data and trends observed through Elxis’ network and its offices in the Netherlands, Thessaloniki, and Crete.
19.01.2026
Our survey forecasts notable changes compared to previous years and the formation of new trends in the holiday home market for 2026. Throughout our research, we identified an increasing shift not only toward luxury and high-end properties, but also toward more affordable holiday homes of smaller surface areas, based on demand observed in selected projects with such characteristics.
17.11.2025
Foreign buyers of holiday homes are showing a clear preference this year for more expensive and luxurious properties, as the percentage of those choosing homes worth over €600,000 has tripled. Even though prices have already risen significantly, international buyers continue to view the prospects of the Greek market — and the value it offers — very positively. As a result, they are turning to increasingly high-quality properties to upgrade their quality of life by acquiring the home of their “dreams.” These are some of the conclusions of the latest analysis of holiday-home market trends by Elxis – At Home in Greece (www.elxis.com), a leading company in selling holiday homes to foreign buyers.
24.10.2025
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 the availability of publicly accessible and reliable data, especially for prospective buyers from third countries. This was the key takeaway from the remarks of Mr. Dion Gavriilidis, Managing Partner of Elxis – At Home in Greece, a leading company in the sale of holiday homes in Greece.
15.10.2025
“Greece is moving up a league. It is no longer a market of opportunities; it is a market of trust and stability.” With these words, Mr Giorgos Gavriilidis, CEO of Elxis – At Home in Greece, summed up the trends and prospects of the Greek holiday home market for foreign buyers during his speech at the recent Oikodomi Expo.
