Greece’s real estate market is entering 2026 not as a market of sharp recovery, but as a more mature market with moderate and steady growth. According to Astons Greece, property prices in the country may increase by around 4–7% in 2026. The main supporting factors are economic stability, limited housing supply, and strong tourism demand.

📊 This forecast looks consistent with the previous market trend. In 2025, prices for new apartments in Greece increased by an average of 7.4%, while resale properties rose by 8.1%. For comparison, in 2024 new-build prices were growing faster, at around 10.2%, which means the market is still expanding, but at a more moderate pace.

🏗 One of the key growth factors is limited supply. In major Greek cities, housing shortages remain a serious issue, while new construction is not entering the market fast enough to fully meet demand. This is especially visible in Athens, where rental prices have risen significantly in recent years.

📈 Demand is being supported by several buyer groups at once: local residents, foreign investors, holiday-home buyers, applicants for the Golden Visa program, and people considering Greece for long-term living. As a result, demand remains broad and is not dependent on only one category of buyers.

📌 Main factors supporting the market in 2026:

— projected price growth of 4–7%;
— strong tourism demand;
— limited housing supply in major cities;
— high rental demand in Athens, Thessaloniki, and resort regions;
— continued interest from foreign buyers in property linked to residence opportunities.

🏙 At the same time, the market is becoming more selective. After the increase in Golden Visa investment thresholds, some buyers have started looking beyond Athens and the most expensive islands, focusing instead on regions with a more balanced ratio between price, demand, and rental potential.

Under the current rules, obtaining a residence permit through real estate requires an investment of at least €800,000 in key locations, including Athens, Thessaloniki, Mykonos, Santorini, and major islands. In most other regions, the threshold is €400,000. The €250,000 threshold remains available only for specific categories of properties, such as restoration or conversion projects.

🌍 The most attractive locations for buyers remain:

— Athens and the Athenian Riviera;
— Thessaloniki;
— Crete;
— the Peloponnese;
— selected island and coastal markets.

🏡 For investors, the key point is not only the projected 4–7% price growth, but also the structure of this growth. The most expensive and popular locations retain strong liquidity, but the entry budget there is already significantly higher. At the same time, Thessaloniki, Crete, and parts of the mainland coast may be attractive for buyers looking for a more accessible entry point combined with rental demand.

💶 Rental yields in Greece no longer look as high as during the period of rapid market recovery. Average gross yields are estimated at around 4–5.5% per year for long-term rentals. This makes the market less speculative and more suitable for buyers with a holding period of several years.

📊 In 2026, Greek real estate remains attractive not because of expectations of a sharp price jump, but because of the combination of stable demand, limited supply, strong tourism, and the advantages of a European jurisdiction. This combination continues to support interest in the market even after stricter conditions for foreign investors.

🔎 You can explore available properties in Greece for living or investment on our website.