Top 10 Places to Invest in Greek Real Estate Right Now
Greece has become one of Europe’s top real estate destinations. From coastal escapes to island getaways, the country offers attractive investment opportunities, tax incentives, and the draw of year-round sunshine. If you’re looking to buy property in Greece, here are the top 10 places to invest in Greek real estate right now.
1. Corfu – A Rising Star for International Investors
Why invest:
- Consistent rental yields from holiday lets
- Expanding luxury villa market
- Strong expat and tourism base
Corfu combines natural beauty with practical investment potential. From seaside villas to countryside estates, this Ionian island offers premium property with long-term value. Explore more about investing in Corfu here.
Buyer tip: Review this Corfu property guide for legal steps and local insights.
2. Athens – Best for Urban Property and Short-Term Rentals
Why invest:
- Year-round tourism
- Metro expansions driving demand
- Affordable entry point compared to other European capitals
Athens has become a hotspot for short-term rentals and urban living. Central neighbourhoods like Koukaki, Pangrati, and Mets are popular with tourists and students alike. Look for renovated apartments with Airbnb potential.
3. Thessaloniki – Greece’s Up-and-Coming Investment Hub
Why invest:
- Greece’s second-largest city
- University town with stable rental demand
- Infrastructure upgrades including the metro and port
Thessaloniki blends tradition with a modern vibe. Areas near the university or seafront offer strong returns for buy-to-let investors.
4. Crete – Island Living with Long-Term Growth
Why invest:
- Large island with established infrastructure
- Popular among retirees and families
- Expanding luxury and eco-tourism markets
Crete’s diverse regions, from Chania to Heraklion, offer different property types and price points. Seafront plots and mountain homes appeal to various investor profiles.
5. Rhodes – Steady Returns and Tourist Appeal
Why invest:
- Long tourist season
- Strong British and German expat presence
- Historic charm meets modern living
Rhodes delivers strong rental income and low vacancy. The old town and seaside areas like Lindos or Faliraki are especially in demand.
6. Kalamata – Mainland Coastal Gem
Why invest:
- Direct flights to major European cities
- Growing digital nomad presence
- Affordable land and restoration potential
Kalamata is gaining traction thanks to its airport access, historic centre, and nearby beaches. It’s perfect for small-scale investments or holiday homes.
7. Nafplio – For Heritage Lovers and Boutique Investors
Why invest:
- High-end tourism without overdevelopment
- Architectural charm
- Only two hours from Athens
Nafplio attracts weekenders from Athens and international buyers looking for peace and character. Boutique hotels and guesthouses perform well here.
8. Paros – Cycladic Beauty and Investment Stability
Why invest:
- Stylish island with consistent demand
- New airport and ferry upgrades
- High-end hospitality and property growth
Paros is popular among European second-home buyers. Look at Naoussa and Parikia for modern villas or rental apartments.
9. Pelion – Mountain Charm Meets Coastal Access
Why invest:
- Unique year-round appeal (beaches and skiing)
- Traditional stone houses with character
- Underrated by foreign investors
Pelion is ideal for those seeking quiet charm with dual-season income potential. It’s a good alternative to saturated tourist spots.
10. Lefkada – Connected Island Investment
Why invest:
- No ferry needed (connected by bridge)
- Yacht tourism hub
- Booming in boutique development
Lefkada has seen strong growth due to its accessibility and sailing tourism. Villas with sea views or marinas nearby are in high demand.
What Type of Property Investment is Best in Greece?
- Holiday rentals: Islands and tourist-heavy cities
- Buy-to-let: Urban areas like Athens and Thessaloniki
- Renovation projects: Kalamata, Pelion, and old towns across the country
How Much Does It Cost to Buy Property in Greece?
- Apartments in Athens: Starting from €100,000
- Villas in Corfu: €300,000 and up
- Seafront homes on islands: €500,000+
Greece offers options for most budgets, and many properties qualify for the Golden Visa programme.
Legal Considerations for Buying in Greece
It’s important to work with local legal experts. Learn about the buying process, taxes, and ownership requirements in this legal guide.
Thinking of Selling Instead?
If you already own property in Greece and are considering selling, see how local professionals can help here.
Final Thoughts
From cosmopolitan cities to quiet island villages, Greece is full of investment opportunities. The key is to match your goals with the right location and property type. For expert help, visit Chase Real Estate Corfu and get personalised advice.
