The main player in the global real estate market is Greece. Dynamics of real estate prices throughout the country.

Greece has become a key player in the global real estate market according to the results of a recent RE/MAX Greece study. As a popular tourist destination, Greece is known worldwide for its natural wealth and cultural heritage, attracting millions of visitors each year and making the real estate sector particularly appealing to property investors looking to buy homes for retirement, vacation houses, or for investment purposes. It is worth noting that the majority of property buyers come from Greece, while foreigners are not limited to purchasing real estate only in tourist areas or in Athens and Thessaloniki, but are expanding their interests to other regions that have recently been less sought after. This demonstrates that Greek real estate is a key "player" in the global real estate market and is competitive with traditional markets such as Spain, Portugal, and Italy in terms of interest from foreign buyers.

Real estate prices in Attica

Regarding real estate prices in Attica, prices for new buildings up to 5 years old have increased on average by 10.6%, while in the secondary market for properties older than 5 years, the increase is on average 13.1%.

The real estate market in Thessaloniki

• Average selling price of new buildings: €2,449 per square meter, up 9.6%
• Prices for older properties: 1,690 euros per square meter, an increase of 12.6%

In the center of Thessaloniki, property prices for buildings older than 5 years have increased by 11.7%, reaching €2,528 per square meter, mainly in the historic center of the city and in the Faliro area. On the secondary market, prices have risen by an average of 14.2%, with the largest increases in the neighborhoods of Stauroupoli and Oreokastro.

So, Greece continues to delight investors and real estate buyers with its high performance and prospects for market development.