Apartments and single-family homes older than five years, intended mainly as second or holiday residences, dominated the preferences of foreign buyers in Greece in 2025, according to a new survey by RE/MAX.
The survey shows that 52% of foreign buyers purchased property for use as a second or holiday home. Investment-driven purchases, either for rental income or resale, accounted for 30% of transactions, while 10% of buyers acquired property for use as a primary residence.
Apartments lead, used properties dominate
In terms of property type, apartments accounted for 38% of foreign purchases, followed by detached houses at 27% and maisonettes at 20%. Land purchases were more limited, with plots representing 9% and agricultural land 3%, while commercial properties accounted for just 3% of total transactions.
Foreign buyers overwhelmingly favoured resale properties, which represented 78% of purchases. Newly built homes accounted for 20%, while renovated properties remained marginal, at just 2%.
Strong preference for mid-sized homes
Properties between 61 and 100 sq.m. dominated foreign demand, accounting for 75% of all purchases. Smaller homes of up to 60 sq.m. and larger properties between 101 and 150 sq.m. each represented 10%, while homes exceeding 151 sq.m. attracted only 5% of buyers.
€100,000–€200,000 remains the sweet spot
Nearly half of all transactions (47%) fell within the €100,001–€200,000 price range. Properties priced between €200,001 and €300,000 followed with 27%, while 17% of buyers opted for homes valued between €50,001 and €100,000. Purchases below €50,000 and above €300,000 were far more limited (each accounting for around 3% of transactions)
Availability and pricing shape buying decisions
Finding the “right” property remains the most decisive factor in completing a transaction. According to the survey, 48% of foreign buyers reconsider their purchase if they cannot quickly identify a suitable property.
Other factors influencing final decisions include limited availability in preferred locations (15%), rising prices (13%), personal circumstances (12%) and bureaucratic procedures (8%). Changes in priorities (3%) and lack of financing (1%) had a much smaller impact.
Decision timelines vary
The time required to reach a final purchase decision also varies significantly. Around 34% of foreign buyers complete their decision within four to six months, while 24% proceed within two to three months. Meanwhile, 20% report needing either less than two months or more than seven months to move forward with a purchase.
* The research is based on actual transactions carried out across RE/MAX nationwide network of 88 offices and more than 1,200 real estate advisors, offering a representative snapshot of foreign demand in the Greek property market.