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After several years of rapid price increases, Greece’s housing market is showing signs of a more moderate pace in 2026. But the slowdown is not appearing in all segments in the same way. Holiday homes and newly built properties continue to attract strong demand internationally, while in the broader residential property market price growth is beginning to slow.

Two important changes were recently announced at the Hellenic Cadastre, which that property owners in Greece should be aware of. The first one involves properties that are listed as “owner unknown” and claimed through adverse possession. And the second one is about properties that have been registered with the wrong area, boundaries, shape, and/or location (also known as “διόρθωση γεωμετρικών στοιχείων”).

Getting to Greece is becoming even easier, with Transavia expanding its connections from Belgium and France, with new routes to Crete and Thessaloniki and more options for travelling outside the traditional summer season.

The origins of holiday home buyers from outside the EU are of particular interest, as the picture that emerges shows noticeable differences from investments in major urban centers. Following the government’s recent announcement regarding the introduction of a property transfer tax five times higher, specifically for buyers coming from countries outside the EU, we proceeded with an analysis of data from the last three years (2024-2026), based on the demand expressed for holiday homes.

Greek Prime Minister Kyriakos Mitsotakis has announced series of housing measures affecting property buyers and owners at the Thessaloniki International Fair.

Overview: Greek Property Market and Selling Property in Greece

Selling property in Greece starts with understanding the market, preparing the right legal documents, setting a realistic asking price, and following the country’s notarial and tax procedures. Greek property continues to attract international buyers from Europe and the USA, especially in established coastal destinations such as Crete, the Ionian Islands, and the Peloponnese. For foreign owners selling a home, villa, or holiday property in Greece, understanding who is buying can be a practical first step when preparing a sale. Many international buyers are seeking holiday homes in Greece from countries such as the Netherlands, Belgium, Germany, France, and the United Kingdom, alongside non-EU nationals exploring residency opportunities through current Greek investment migration programs. There is also a share of demand that comes from Greek expatriates returning to buy in their home country.

“How can I buy a house in Greece that is not built yet from abroad?”

That’s a very common question we receive from clients interested in buying an off-plan house.