# Greek luxury real‑estate demand > Live situation record from CLSTR: https://clstr.news/situations/greek-luxury-realestate-demand > Updated: 2026-08-09T05:00:58.000Z. Sources: 23. Developments: 5. In the first half of 2026, Greece’s luxury real estate market reached record buyer demand of €6.11 billion, a 35% increase over 2025 and 19% above the five-year average. The average enquiry value rose to €5.89 million, while the median value of properties sought increased 28% to €2.95 million. Properties priced above €5 million accounted for approximately 70% of the total volume. While domestic buyers remain the core market, non-domestic interest has surged. British interest rose 60% year-on-year following the UK's April 2025 abolition of its non-dom tax regime, and Australian demand also grew by 60%, driven by the Greek diaspora. The United States contributed 14.5% of enquiries. The market demonstrated resilience to geopolitical tension; while the Iran-Israel conflict caused a brief 5% dip in enquiries during its first 20 days, demand rebounded quickly. Regional activity remains concentrated in high-value areas. The Athens Riviera has emerged as the fastest-growing premium market, with branded residences reaching up to €26,848 per square meter. In the Cyclades, Mykonos maintains a high luxury benchmark with median asking prices of €16,790 per square meter. Additionally, "film tourism" from Hollywood productions has been noted as a catalyst for rising prices in locations like Hydra. In a broader economic context, the Bank of Greece reported that household deposits reached a three-year record of €153 billion in H1 2026, supported by tourism-related income and stronger employment. ## Timeline ### 2026-08-09: Greek real estate prices rise due to Hollywood film tourism Hollywood film productions are driving up real estate prices in Greece, turning islands like Mykonos and Hydra into high-demand luxury markets for international investors. 2 sources. https://clstr.news/cluster/greek-real-estate-prices-rise-due-to-hollywood-film-tourism ### 2026-07-29: Greece Sotheby's International Realty reports surge in non‑dom luxury home sales Greece Sotheby's reports non‑dom buyers made up 29 % of luxury home sales in 2025, totalling €58.2 million, while a new $10.8 million cliff‑side villa on Corfu is on the market and eligible for the same tax‑rel 4 sources. https://clstr.news/cluster/greece-sothebys-international-realty-reports-surge-in-nondom-luxury-home-sales ### 2026-07-28: Greece records record luxury property sales and bank deposits in first half of 2026 Greek luxury property sales by non‑dom investors topped €58 bn, surpassing Golden Visa deals, while household bank deposits reached a €153 bn record in H1 2026. 3 sources. https://clstr.news/cluster/greece-records-record-luxury-property-sales-and-bank-deposits-in-first-half-of-2026 ### 2026-07-24: Greek luxury home market reaches record €6.11 billion demand in H1 2026 Greece Sotheby’s report shows luxury home demand hit €6.11 bn in H1 2026, up 35 % YoY, with median prices up 28 % and only a brief dip from the Iran‑Israel clash. 5 sources. https://clstr.news/cluster/greek-luxury-home-market-reaches-record-611-billion-demand-in-h1-2026 ### 2026-07-15: Greek luxury home demand reaches €6.11 billion in H1 2026 Greek luxury home demand hit €6.11 bn in H1 2026, 19% above the five‑year average. Average request €5.89 m, British buyers up 60% after tax changes, and the Athens Riviera emerges as a top premium market. 11 sources. https://clstr.news/cluster/greece-luxury-property-demand-hits-611-billion-in-first-half-of-2026 --- Cite as: Greek luxury real‑estate demand. CLSTR, https://clstr.news/situations/greek-luxury-realestate-demand