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Real estate: who is buying and where in Greece - a study.

Real estate: who is buying and where in Greece - a study.

Real estate: who is buying and where in Greece - a study.

According to a study conducted on the Spitogatos website

The request for real estate in Greece in 2023 began to grow significantly from both locals and foreign buyers. Among the most sought-after areas for renting or selling property in Greece are Halkidiki and the center of Athens. In the western suburbs of Thessaloniki there is also an increased interest in residential real estate.

The most popular areas for buying property

According to a study, the most popular areas for purchasing real estate in Greece in 2023 are the suburbs of Thessaloniki, the southern districts, and the center of Athens. The most sought-after types of properties for purchase are private houses, apartments, and studios.

Increase in demand for apartments in the center of Athens

There is also an increase in demand for apartments in the center of Athens, which is linked to the "Spiti mou" loan program.

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This program has encouraged many young people aged 25 to 39 to look for housing in the city center, where properties meet the loan conditions.

Demand for rental housing

In terms of residential property rentals, the highest demand is observed in the center of Athens and the southern suburbs of the city. Important indicators also include the demand for apartments and studios for rent, especially in central Athens.

International demand for real estate in Greece

When it comes to international demand for real estate in Greece, Halkidiki, the center of Athens, the southern suburbs, and the Cyclades are at the forefront. In particular, foreign buyers show special interest in the Halkidiki region, including Kassandra, Sithonia, Kallikrateia, and others, where there is also a supply of properties for short-term rental.

Interesting data on real estate purchase inquiries

As a result of the study, it was found that the highest interest in purchasing real estate in Greece comes from Germany, the USA, and the UK. There is also noticeable demand from neighboring countries in the Balkan region, such as Serbia, North Macedonia, and Bulgaria.

The real estate market in Greece in 2023

The real estate market in Greece in 2023 continues to attract both local buyers and foreign investors, thanks to a wide selection of properties and financing programs.

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Irina Nikolaeva

Sales Director, HataMatata