Over the past two years, the Greek real estate market has increasingly become a market of selective opportunities. On one hand, rising prices continue to support demand, while on the other, entry rules for foreign investors are periodically tightened. This is why in 2026 investors are seriously reconsidering whether it is worth buying property in Greece at all. Nevertheless, against the backdrop of record tourism flows in 2025, local real estate remains highly relevant.
What Has Changed in the Greek Real Estate Market in 2025–2026
Over the past year, the Greek real estate market has stopped growing uniformly. In 2025, prices for new apartments increased by an average of 7.4%, while the secondary housing market grew by 8.1%. For comparison, in 2024 new apartments rose by 10.2%, meaning the growth rate has clearly slowed.
The most significant change concerns entry rules for foreign investors. Since March 31, 2024, in Greater Athens, Greater Thessaloniki, Mykonos, Santorini, and islands with a population above 3,100, the minimum threshold for obtaining a Golden Visa through real estate investment has been raised to €800,000. In other parts of the country, the threshold is €400,000. For certain properties, an entry level starting from €250,000 remains available, specifically for industrial buildings converted into residential use and historical properties requiring restoration.
Why Investing in Greece Still Makes Sense
In 2026, the Greek real estate market remains attractive for investment due to a combination of three factors: moderate price growth, stable rental demand, and support from the broader economy. Tourism generates nearly 38 million arrivals per year and over €23 billion in revenue. Investment in construction grew by more than 25% in 2025.
Property Prices in Greece in 2026
As of early 2026, prices for new apartments have increased by an average of 7.4%, while secondary housing has risen by 8.1%. Rental yields in Greece in 2026 have declined to around 4.4% gross. Long-term rentals remain the baseline strategy. In Athens, rents exceed €11 per m², while in Thessaloniki they are around €10.4 per m².
Where to Buy Property in Greece in 2026
Athens and the Athenian Riviera: Prices increased by 6.2% in 2025. Thessaloniki: Apartment prices rose by 9.6% year on year in Q3 2025. Crete: Average asking price reached €2,105 per m². Cyclades (Mykonos and Santorini): Subject to the highest Golden Visa threshold of €800,000.
Source: Realting.com — https://realting.com/news/greece-property-investment-guide-2026