Israel's 'invasion' of property owners: Airbnb in Thessaloniki is desperate for redemption

Israelis are scouring the Greek real estate market for homes. They are actively exploring the possibility of renting accommodation in Thessaloniki to house families for the duration of the conflict with Gaza. The Israeli community in Thessaloniki is also included in this initiative and is ready to help in any way it can. Many of them are willing to pay any amount to secure a place to live, and they are not shy about signing two or three month leases.

The top of the list of popular accommodations are apartments offered by platforms like Airbnb. While Thessaloniki is in the spotlight because of its historical connections, demand is also high for Athens, especially for the southern suburbs and areas outside the city.

There is also a lot of interest in the Golden Visa program. Israelis often contact real estate agencies in different cities in Greece (not only in Athens and Thessaloniki, but also in Rhodes and Chania) with the intention of buying real estate worth more than 250,000 euros, in order to have the right to permanent residence and free movement in Europe. This is a revival in Greece's real estate market, which remains the focus of international investors as new properties become the focus of demand. The Greek real estate market remains stable and is one of the most affordable in Europe in terms of cost per square meter.

Source: OT