The Most Affordable Greek Islands to Buy a Holiday Home in 2025
Why Greek Islands Are a Smart Investment in 2025
The allure of the Greek islands is undeniable: crystal-clear waters, laid-back living, sun-soaked days, and authentic culture. But with iconic destinations like Mykonos and Santorini commanding premium prices, many buyers are now looking beyond the well-known hotspots to find affordable Greek islands for a holiday home in 2025.
Whether you’re a retiree seeking tranquillity, a family looking for a summer getaway, or an investor targeting short-term rentals, the Greek islands offer options to suit every lifestyle and budget.
What Makes a Greek Island “Affordable”?
Affordability in Greek real estate isn’t just about the purchase price. It also includes:
- Lower property taxes
- Reduced renovation and maintenance costs
- Fewer restrictions on development
- Higher rental yield potential relative to cost
These factors make certain islands more attractive to international buyers looking for long-term value.
Top Affordable Greek Islands to Buy a Holiday Home in 2025
1. Corfu
While Corfu is growing in popularity, it remains one of the best-priced Ionian islands. Properties range from seaside villas to traditional village homes.
- Average Price: From €1,500/m²
- Why Buy Here: Strong rental market, English-speaking locals, excellent healthcare and infrastructure.
- Bonus: Corfu has direct flights from across Europe.
Start browsing available homes at Chase Real Estate Corfu.
2. Naxos
Often overshadowed by nearby Mykonos, Naxos offers charm, beautiful beaches, and real estate opportunities at a fraction of the cost.
- Average Price: From €1,800/m²
- Why Buy Here: Low-key lifestyle, authentic Cycladic architecture, good ferry connections.
3. Evia (Euboea)
The second-largest Greek island is often overlooked by international buyers.
- Average Price: From €1,300/m²
- Why Buy Here: Easy mainland access (via bridge), year-round communities, ideal for permanent or vacation homes.
4. Thassos
Located in the northern Aegean, Thassos remains one of Greece’s best-kept secrets.
- Average Price: From €1,200/m²
- Why Buy Here: Lush greenery, affordable property, and low tourist saturation.
5. Lefkada
Though connected to the mainland by a causeway, Lefkada retains its island charm and affordability.
- Average Price: From €1,600/m²
- Why Buy Here: Stunning beaches, popular with sailors, and offers good rental income during summer.
Frequently Asked Questions
Which is the cheapest island to buy property in Greece?
As of 2025, Thassos and Evia offer some of the lowest price-per-square-metre rates, making them ideal for budget-conscious buyers.
Can foreigners buy property on Greek islands?
Yes. Greece welcomes foreign buyers, with a straightforward legal process. For a detailed breakdown, explore this helpful Greece Property Buying Guide.
How much does a holiday home cost in Greece?
Prices vary by island and property type, but many buyers can find a 2-bedroom home or villa starting around €100,000–€150,000 on lesser-known islands.
Is it safe to invest in real estate in Greece?
Yes. With strong demand, tourism growth, and stable legal frameworks, investing in Greek real estate remains a wise long-term decision.
Tips for Buying on a Budget
- Consider renovation projects: Many older homes in villages offer low entry prices and high character.
- Work with a trusted local agent: Especially in rural or lesser-known areas, you’ll want a reliable guide. We recommend starting with Chase Real Estate Corfu.
- Visit before buying: Photos can be deceiving. A short trip can help you assess neighbourhoods and infrastructure.
- Know the seasonal flow: Some islands empty out in the winter. Make sure the area suits your year-round needs.
Why 2025 Is the Right Time to Buy
- The Greek property market is heating up: Prices are rising steadily but remain far below Western European averages.
- Golden Visa still applies: For investments starting at €250,000, you can gain residency as a non-EU national.
- Remote work is growing: Many islands are seeing infrastructure improvements to support digital nomads.
With global uncertainty pushing people toward lifestyle-oriented investments, the Greek islands offer security, beauty, and a connection to nature.
Hidden Gems to Watch
Some islands don’t make the usual top 10 lists but offer incredible value:
- Ikaria: Known for longevity and slow living.
- Kythira: Between the Peloponnese and Crete, peaceful and picturesque.
- Chios: Large, culturally rich, and surprisingly affordable.
Final Thoughts
Buying a holiday home on a Greek island in 2025 is more than a lifestyle choice—it’s a smart investment. With affordability, rental potential, and long-term growth on your side, there’s never been a better time to make your move.
If you’re ready to begin your search, check out Chase Real Estate Corfu or read their full property buying guide to understand the process.
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