Greece has become one of the most attractive destinations for international real estate buyers, drawing interest from diverse markets across the world. According to a recent global survey, 50% of international real estate buyers are considering investing in Greece. This broad appeal is a rare phenomenon, highlighting the country’s ability to attract investors with different needs, budgets, and goals.
But what makes Greece such a strong real estate market? These are the trends shaping foreign investment in Greek property.
Who is Buying Property in Greece?
Foreign buyers in Greece come from a wide range of countries, proving that interest in Greek real estate is truly global. The top five nationalities investing in Greek property are Ιsraelis, Chinese, Germans, Bulgarians and Turkish, reflecting diverse motivations and investment priorities.
In terms of age, buyers are mainly concentrated in two key groups: 37% are aged 41-50, while 36% fall into the 51-60 age range. This suggests that the majority of foreign buyers are experienced professionals, entrepreneurs, or retirees looking for long-term investment opportunities, vacation homes, or a place to settle permanently.
What Types of Properties Are in Demand?
The Greek real estate market offers a variety of properties that cater to different budgets and preferences. While some investors seek affordable homes, others opt for premium properties in prime locations.
What’s Driving Real Estate Demand in Greece?
Greece’s property market attracts buyers for many reasons beyond its affordability and picturesque locations. The Golden Visa Program remains a strong incentive, offering residency benefits to non-EU investors, but it’s far from the only reason people choose to buy in the country. As investment migration expert Yiannos Trisokkas explains, ‘Mobility is today’s greatest luxury. Whether combined with a Golden Visa or on its own, investing in a home in Greece makes it much easier to spend regular holidays in a beautiful destination or work remotely in a country that balances affordability and a great lifestyle with an enviable quality of life.’
Additionally, Greece offers an excellent quality of life with its Mediterranean climate, a relatively low cost of living compared to other European destinations, and a strong sense of safety. Many buyers see it as the perfect place for a second home, a remote work base, or a peaceful retirement destination. With property prices still below peak levels, investing now offers the potential for strong long-term returns.At Velment, we specialise in helping international buyers navigate the Greek real estate landscape with confidence. Contact us today at info@velment.com to explore your options and make your investment a reality.
