Demand for luxury property shifts from Mykonos to Athens

·

Greece’s Sotheby’s International Realty has recorded an increase for demand in luxury property in Athens compared to Mykonos in 2023.

Previously, destinations such as Mykonos and Rhodes had been in high demand, but a recent shift has seen areas such as Attica and Lefkada gain in popularity.

A luxury home being sold in Athens. Photo: Sotheby’s International Realty

Currently, the price per square metre for prime properties in the centre of Athens has risen to 8,200 euros whilst on the beachfront it has exceeded 15,000 euros. This is compared to Mykonos where the average price for properties facing the beach is at 14,000 euros.

The Sotheby’s realty group has said that due to high demand and limited supply, prices are continuing to increase in these popular locations.  

Source: Ekathimerini

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Dr Yianni Cartledge traces the stories of Ikarians in Australia through archival research

Inspired by his own family history and the broader migrant experience, Dr Yianni Cartledge has published a book exploring Ikarian migration.

Elfa Moraitakis included among the most powerful people in Western Sydney

Elfa Moraitakis has been named among the most powerful people in Western Sydney in The Daily Telegraph’s list.

Chicago family returns ancient Greek artefacts to Greece

Five ancient Greek artefacts spanning from the 6th century BC to the Roman period have been returned to Greece by a family from Chicago.

Kefalonia beach voted as the second best beach in the world

Fteri Beach has been ranked the second most spectacular beach in the world for 2026 in the annual World’s 50 Beaches list.

Frank Alexopoulos says leaving construction job transformed his approach to fatherhood

Frank Alexopoulos says a call to Lifeline during a difficult period in his life transformed the way he approached fatherhood.

You May Also Like

Evros border sees double influx of migrants in last 24 hours

A significantly greater influx than the previous few days, border guards typically stop between 200 and 250 asylum seekers daily.

Rosemary Franzidis’ husband speaks out as third person charged in relation to fatal crash

A third individual has been charged as police continue their investigation into the tragic death of 69-year-old Rosemary Franzidis.

Erdogan: East Med crisis is a test of EU’s sincerity

President Erdogan told European Council President Charles Michel the EU’s stance towards the East Med be a test of its sincerity.