According to the Bank of Greece, in 2024 foreign investment in the Greek real estate market amounted to 2.75 billion euros, up 28.9%
The Greek market luxurious real estate It continues to attract significant foreign investment, with infrastructure playing a decisive role in enhancing the country’s attractiveness as a high quality destination, according to the Corina SaiaManaging Director of Premier Realty Greece.
According to Bank of Greece data, in 2024 foreign investments in the Greek real estate market amounted to € 2.75 billion, up 28.9% compared to 2023.
One of the most ambitious infrastructure projects, according to Korina Saia, is the Greek that is in full swing, which transforms the former airport area into a modern urban area with luxurious homes, shopping centers, five -star hotels and a state -of -the -art marina.
In Mykonos, the upgrading of the Tourlou Marina and the extension of the airport to host more private flights reinforce the island’s position as a top luxury destination.
Lefkada, though quieter, is of increasing interest, with plans to upgrade the port and creating new marinas, making it attractive to investors looking for luxurious homes in calmer destinations.
Compared to other European destinations, such as Costa Del Sol in Spain or Porto Cervos in Sardinia, Greece offers a combination of natural beauty, cultural heritage and developing infrastructure, making it competitive in the luxury real estate market.
Mrs Korina Saia points out that although Greece has made significant progress in recent years in the infrastructure sector, there is still need for improvement in critical areas.
These include the modernization of ports for tourist and merchant ships, the creation of more marinas for yachts, the expansion and upgrading of regional airports – such as Naxos, Paros and Corfu – as well as the development of a full 5G network, not only in urban centers but also in urban centers.
Equally important is the upgrading of water and sewer networks in areas with intense tourism activity, such as Mykonos and Santorini, where existing infrastructures are under huge pressure during the summer months.
As he estimates, the constant development of infrastructure and the growing demand for luxury homes suggest that Greece will continue to be an important attraction for international investors and high quality buyers.
Source: Skai
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