High demand for luxury pads

Demand remains high in the luxury housing market, both from foreign investors and from Greeks.

Areas such as the Athens Riviera, with the development of Elliniko as a reference point, parts of Athens city center with a view to the Acropolis, Crete, Corfu, Porto Heli in the Peloponnese, and Cyclades islands such as Mykonos, Santorini and Paros, are at the forefront of buyer interest, according to Corinna Saias, managing director of Premier Realty Greece.

Primarily, these people look for high-quality properties, with a budget that starts from around 900,000 euros and can even reach €2 million. As Saias explains, "top picks are newly built homes, averaging 150 square meters, which can offer a very high standard of living and significant benefits. The average sale price of such properties is around €8,000/sq.m. Sale prices can start from €6,000/sq.m., reaching €12,500/sq...