Greek housing moves in the summer of 2025 in three parallel axes: the rapid increase in rents student residenceto enhance the value of holiday homes in tourist islands and the steady influx of foreign capital for the purchase and exploitation of summer houses. The latest measurements and analyzes reflect the basic trends of a market -influenced by students’ demand, tourism, limited supply and conversion of homes into economic performance tools.

Spitogatos’s survey shows that student housing prices have increased throughout the country. Geoaxis records for eighth consecutive year increases in demand and summer holiday prices, with an emphasis on the Cyclades islands. ELXIS presents the long -term financial footprint of the sale of a holiday home to foreign buyers, highlighting not only market value but also the investment performance for the local and national economy. Premier Realty Greece highlights the change in the characteristics of the Greek buyer and the strengthening of the market role as an investment.

These 4 surveys, when read together, offer a multilevel portrait of the Greek real estate market: a market tested by demand but at the same time transformed.

Student Homes – Spitogatos Research (July 2025)

The period of student residence has begun after the announcement of the Pan -Hellenic Examination Scores. Spitogatos Insights recorded the evolution of the average demand for student housing. The real estate market in the 2nd quarter of 2025 recorded a 7.2%rented housing, while the student residence increased 7.4%. In the search for student residence, the most important criteria are floor, furniture and bedroom number, while energy class and air conditioning are increasing.

In Attica, MZT increased by 5.4% compared to 2024. The lowest MZT is located in Nice (9 euros/sqm), where a house below 65 sq.m. It has a price of about 500 euros. In contrast, in areas such as Metz, Koukaki and Kolonaki, the MZT reaches 13 to 16.5 euros/sqm. In the painter, MZT for a student house below 65 sq.m. It reaches 534 euros.

In Thessaloniki, there was a 10.9% increase in MZT in the 2nd quarter of 2025. The lowest prices are found in Stavroupoli and Evosmos, while the highest in the center and the 40 churches – Evangelistria. In the rest of Greece, Affordable MZTs are found in Drama, Lamia and Kastoria, while high prices appear in tourist cities such as Chania, Corfu and Rethymnon. Large increases in the MZT were recorded in Florina, Sparta and Chania.

Summer Homes – Geoaxis Research (2nd Quarter 2025)

In five popular islands there is an increase in the eighth consecutive year an increase in the interstitial demand for holiday homes. The price difference between luxury and typical houses is great. In Mykonos and Santorini a luxurious home costs up to 5.6 times more than a typical. In Serifos the corresponding index is 2.4 times. An important question for the Cyclades is whether and when reckless growth, over -tourism and infrastructure problems will bring about changes in the ecosystem.

Larger summer houses are recorded in Mykonos, Paros and Kea (about 240 sqm). In Santorini the median surface is 170 sq.m. and in Serifos 120 sq.m. The median age of real estate in Mykonos, Paros and Kea are 7 years, while in the rest of the islands over 15. Price increases compared to last year: Mykonos +5.71% (EUR 16,000/sqm), Santorini +5.49% (EUR 13,292), Paros +4,53% (9,499%) euro), Serifos +5.78% (3,827 euros). In Mykonos the maximum price reaches 25,000 euros/sqm. and in Santorini 20,000 euros/sqm. In Paros, although the maximum price is 20,000 euros, the median is 9,466 euros, indicating a high fluctuation. More “landing” is the image in the least cosmopolitan Cyclades. In Serifos, the maximum price reaches 5,267 euros and in Kea EUR 16,000/sqm, with significant differences between median and maximum price.

Mykonos has the highest price increase in a decade with +32%, while Serifos the smallest ( +19%). Although the tourist season began numb (earthquakes, geopolitics), values were not yet affected by high purchasing power. The rise is expected, with a milder pace, unless a serious negative event occurs.

Economic footprint from holiday purchases – ELXIS Analysis (July 2025)

According to ELXIS – AT HOME IN GREECE, the sale of a newly built country house to a foreign buyer can generate a benefit of 1,090,000 euros in the Greek economy over a decade. Both the original price and purchase costs (440,040 euros), as well as consumer costs and maintenance costs (€ 651,500) are calculated. The model is based on a 120 sqm holiday home, with a pool and a garden of 500 sq.m.

The initial purchase cost is 400,000 euros. The transfer tax is EUR 12,360, while the land registration fee and notary expenses add another 8,800 euros. The lawyer’s fee is 4,000 euros and the real estate fee (3%) is EUR 14,880. Thus, the total amount of the market amounts to 440,040 euros.

According to ELXIS CEO, George Gavriilides, many foreigners also choose the exploitation of the property. The use is estimated at about seven months, with twelve weeks of leasing per year. Visitors’ accommodation costs reach 29,400 euros, while € 21,250 are the owner’s annual expenses (consumption, fun), 10,000 euros for technical maintenance and € 4,500 for property management. Thus, annual inflows to the local economy exceed 65,000 euros or 650,000 euros in a decade.

The footprint is important whether it is Crete, Rhodes, Peloponnese, or less tourist. Many specialties are involved: builders, contractors, technicians, restaurants, retail, fuel, cleaners, guides, brokers, notaries, engineers.

Luxury housing market matures

In recent years, the Greek buyer of luxury houses has changed. From emotional, it becomes more strategic, choosing properties with added value and investment logic. According to PREMIER REALTY GREECE, the luxurious home is no longer only a status symbol but also a life choice. The interested party evaluates the property from its location and energy efficiency to possible returns. In the northern suburbs, Kifissia, State and Ekali maintain their goodwill. In the south, Voula, Vouliagmeni and Elliniko are at the center of renovations. In the Cyclades, real estate combines ownership and high yields.

Most deals range from 800,000 euros to 2,000,000 euros, with many homes exceeding 2.5 million. Performances reach 4%-6%, depending on location and use. Increasing domestic demand has been recorded in recent years. Greeks invest with knowledge and duration, seeking security in an uncertain geopolitical and economic environment. The luxurious home operates flexible: main or holiday home, tourist accommodation or future support for children. In 2025, the luxury housing market is mature. The Greeks do not just buy real estate but invest in their future.

In conclusion, the image of the housing market in the summer of 2025 is multilevel and dynamic. The increase in student rents captures pressure on cities and the difficulty of finding accessible housing. The rise in holiday prices on the islands reinforces the investment character. The presence of foreign buyers adds inputs and challenges for sustainability. The home, by social good, becomes an investment product and the balance of these trends will judge the developments of the coming years.