Greece’s second-home market has moved from recovery into a more mature phase, with premium demand still running at historically high levels, shows Engel & Völkers’s 2026 market report.
Foreign buyers account for 60% to 85% of demand in top destinations, according to the report. The main nationalities include buyers from the UK, Germany, France, Switzerland, the US and Israel.
That international demand is helping keep the premium segment resilient. In practice, it means the best-located homes are still attracting competition even as the market becomes more selective.
Scarcity supports prices
Supply remains tight in some of Greece’s most desirable locations. On islands such as Mykonos, the freeze on new building permits continues to support values, while strict architectural rules in places like Hydra and Spetses limit how much new stock can come to market.
Turnkey and eco-luxury
Engel & Völkers report shows a clear preference for homes that are ready to use, rather than projects requiring heavy work. International buyers in particular are drawn to turnkey properties that combine bioclimatic design, infinity pools and modern energy systems.
Regional hotspots
The report highlights different investment poles across Greece. In the Cyclades, Paros is described as the most active market, while Mykonos remains a global destination with prices starting at €7,500 per square meter.
In the Ionian, Corfu stands out as a mature market, Lefkada benefits from road access, and Paxos remains a scarce, boutique market. In the Peloponnese, Porto Heli and Messiniacontinue to attract high-end buyers, helped by visibility from places such as Costa Navarino.
Price bands underline the split
The report’s indicative price ranges show how fragmented the premium market has become. Chalkidiki beachfront homes can reach €14,000 per square meter, while Rhodes averages around €6,750 and Hydra sits in the €5,000 to €7,500 range.
