multibillion-euro surge is transforming Greece’s real estate market, as foreign investors
multibillion-euro surge is transforming Greece’s real estate market, as foreign investors continue to pour capital into the country, showing increasing willingness to pay premium prices for property.
According to the latest report by the Governor of the Bank of Greece, net inflows from overseas property purchases reached 2.75 billion euros in 2024. Over the past two years, foreign funds invested in Greek real estate have totaled nearly 4.9 billion euros— a significant show of confidence in the sector’s long-term prospects.
A recent annual survey by CERVED Property Services paints a similarly optimistic picture. Nearly half (49%) of real estate professionals anticipate price stabilization, while 46% predict continued price growth. Still, most expect any increase to be moderate, with 42% forecasting it to stay below 5%. Fewer than 5% foresee a decline in property values.
The rental market is following a similar trajectory. Nearly half of respondents (47%) expect rental prices to rise, though most believe the uptick will be limited to under 5%. The remainder anticipate stable rents or minor decreases.
Looking ahead to the end of 2025, 57% of industry experts believe the housing market will continue to experience excess demand over supply. Only 12.8% see supply outweighing demand,
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