Greek luxury housing market hits record demand

The Greece Sotheby’s International Realty market report shows that expressed buyer demand for luxury residential properties in Greece reached €6.11 billion in the first half of 2026, a 35 % increase over the same period in 2025 and 19 % above the five‑year average. The median value of the properties sought rose to €2.95 billion and the average request value climbed to €5.89 billion, indicating that buyers are targeting significantly larger and more expensive homes.

Domestic buyers remain the largest segment, accounting for about 18.8 % of total demand, while foreign investors—particularly from the United Kingdom, the United States and other European countries—show strong growth, with UK interest up 60 % year‑on‑year. The market proved resilient to the Iran‑Israel conflict; after a brief 5 % dip in new enquiries during the first 20 days of the crisis, overall demand value stayed 36 % higher than in 2025 and the market rebounded from early April onward. The data suggest both quantitative expansion and a qualitative shift toward higher‑budget purchasers in the Greek luxury housing sector.