Greek Property Purchases Soared in 2024 from EU Nationals – The Areas They Choose

Foreign buyers are increasingly seeking holiday homes with gardens and swimming pools in regions such as Crete, Rhodes, and the Ionian Islands. Coastal properties on the islands and along the shores of the Peloponnese are gaining prominence, particularly in areas supported by infrastructure such as airports and national road networks.

Among individual countries, Germany leads with purchases amounting to €162 million, up 16%, followed by the Netherlands with €96 million—double the previous year’s figure. French buyers also significantly increased their investments, spending €77 million in 2024, a rise of 79%.

The trend is expected to continue in 2025, which is projected to be another year of strong growth in the acquisition of holiday homes across Greece by European buyers. Data from Elxis—At Home in Greece shows that sales in the first four months of 2025 (January–April) have maintained the upward momentum seen in 2024. Belgium, the Netherlands, and Germany have emerged as particularly active markets. According to George Gavriilidis, CEO of Elxis, sales to Dutch buyers rose by 91%, to Belgians by 103%, and to Germans—among whom Greek expatriates are also included—by 64% over the same period last year.