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Selling a property in Greece in 2025

To help you sell your home in Greece we've put together a guide to give an understanding of the current market conditions. Before getting started, it’s important to be aware of how the Greek property market is performing and the key trends influencing it today.

Key Trends & Market Overview

  • Greek property prices are rising, but growth is moderating. In early 2025, the national average asking price rose by ~8.8 % year-on-year and ~3.1 % quarter-on-quarter.
  • According to the European Banking Authority and other forecasts, house‐price growth is expected at about 4.4% in 2025, then settling to ~3.4% annually through 2027.
  • On the investment side: The property market in Greece is attractive to both domestic and foreign buyers, especially in high-demand areas.
  • Supply is somewhat constrained: especially new builds are fewer in some segments, which supports prices.

Regional / Segment Variations

  • Urban vs tourist/holiday property markets differ significantly in Greece: prime areas (e.g., the Greek Islands, coastal zones, premium Athens suburbs) are seeing stronger demand and higher pricing.
  • Example price ranges (2025 estimates):
    • In Athens southern suburbs: ~ €4,000/m² (and up) for prime spots.
    • In some less-tourist interior or “emerging” island zones: significantly lower — maybe €1,500-3,000/m² depending on location.
  • Northern Greece is cited as having slightly higher growth potential (up to ~9%) compared with national average.

Demand Drivers

Some of the key factors shaping demand in Greece:

  • Foreign buyers and second-homes: Many non-Greek nationals are buying for lifestyle or investment (holiday lets, etc).
  • Lifestyle / remote work shift: Greek Properties in scenic, coastal or island locations are increasingly attractive for remote working or “lifestyle relocation”.
  • Tourism / short-term rentals: In holiday destinations there is strong demand for holiday‐lets, which drives up demand for certain property types.
  • Limited new supply: While demand holds, in many areas new building or supply of “good quality” properties is slower, which supports upward price pressure.

Risks & Considerations

  • Affordability & growth moderation: Though growth is positive, the annual rates are expected to moderate and sustainability matters more. Sellers should not assume double-digit growth indefinitely.
  • Regional risk differentiation: Not all areas grow equally. Some interior or less desirable zones may lag.
  • Regulation & policy shifts: For example, rules around short-term rentals are tightening in some cities.
  • Quality of product matters: Particularly for foreign buyers / investment buyers: condition, documentation, amenities, sea-view/location all matter. Lower-quality properties may lag.
  • Financing / interest rates / taxes: Although Greece has favourable conditions in some ways, local issues (taxes, transfer costs, bureaucracy) still matter for sellers and buyers.

Implications for Sellers

  • Pricing strategy: Use realistic and current comparable sales — price growth is good but not runaway. Be conservative if your property isn’t in a "prime hotspot."
  • Highlight asset quality: If the property has sea-views, is in a desirable island/coastal zone, or is high quality and ready to let, emphasise these — these are the strong demand drivers.
  • Document & condition focus: Because quality, documentation and location matter more now than ever for securing top price.
  • Expect longer horizon: While buyers exist, expect that not all leads will convert quickly — some buyers wait for exactly the right asset.
  • Marketing angle: For non-Greek/international buyers — emphasise lifestyle, market stability, rental yield potential — but also transparency about local costs, taxes, legal process.
  • Segment-aware guide: Tailor your guide to segments (e.g., holiday home vs permanent residence vs investment rental) because the drivers differ.
  • Region matters: If you’re in a less-known zone or interior, your strategy might differ (focus on value, renovation potential, future growth) compared with a “hot” coastal/island zone.
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