Early data from the new price observatory of Geoaxis indicate that winter holiday home prices have dropped 54% since 2008.

Elxis data shows that in 2025 the average price of a newly built holiday property has climbed to 420,000 euros, up from 360,000 euros in 2024—a 17% rise that has not deterred interest from abroad.

Over the past 18 months, interest in developing vacation homes in Greece has grown significantly, with both international clients and new investors entering the market.

Journalist Jo Pierri, Assistant Managing Editor of TO BHMA International Edition, brings you the day's top headlines from Greece in a short and sharp English-language news bulletin on MEGA News

Official data from Greece’s statistical authority, ELSTAT reaffirms a surge in foreign buyers’ interest in newly built, energy-efficient holiday homes and properties, as construction activity in the housing market saw a sharp rise in 2024. In recent years, there has been a notable shift among residential property developers toward the holiday home market in Crete. […]

Trends regarding holiday homes in Greece, in recent years, are primarily driven by the significant demand of affluent clients who seek to buy more comfortable family homes.