Mykonos, Paros, Santorini: Greece’s luxury villas in hot demand as foreign deman surge

More affordable opportunities can still be found on islands such as Corinthia and Laconia that offer premium homes from €2,000 per sq.m., or Naxos, Syros, Andros, and Tinos, starting from €2,300 per sq.m.

Cristian Hatis
2 Min Read
Mykonos | Image by: depositphotos.com

Luxury holiday homes in Greece are on track for further price growth by the end of the year, according to real estate network Engel & Völkers. Despite demand stabilizing at already elevated levels, premium properties in prime locations are expected to continue their upward trend, supported by limited supply.

In Mykonos, restrictions on new building permits until 2030 are limiting supply and boosting the value of existing properties. Prices for luxury villas on the island start at €7,500 per square meter and can reach €12,000. In neighboring Paros, villas with sea views there command similar prices, up to €12,000 per sq.m.

Santorini remains a magnet for investors seeking iconic views of the caldera, with property prices reaching €7,500 per sq.m. Demand is also strong on Antiparos, Kythnos, and Kea, where prices top €9,800 and €9,000 per sq.m. respectively.

In the Dodecanese, Rhodes remains a top destination with villas selling for as much as €6,750 per sq.m., driven by robust tourism and luxury resort developments. On Symi, where neoclassical architecture dominates, top-tier properties reach €6,000 per sq.m.

The Peloponnese also stands out

Argolida, and especially Porto Heli — often dubbed the “Greek St. Tropez” — continues to lure both Athenians and international high-net-worth individuals. Villas there reach €6,000 per sq.m., while in Messinia, demand is concentrated around golf resorts and beachfront properties, with prices up to €5,500 per sq.m.

The Saronic Gulf islands — particularly Hydra and Spetses — remain popular with artists, entrepreneurs, politicians, and investors seeking proximity to Athens. Villas sell for up to €7,500 per sq.m. on Hydra and €6,500 on Spetses. In northern Greece, Halkidiki beachfront villas prices are up to €10,000 per sq.m.

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