Greek diaspora revive interest in homegrown property market

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A quiet yet powerful trend is emerging: more Greeks living abroad are investing once again in property back home, according to amna.gr. Their search for a higher quality of life aligns with opportunities in the Greek real estate market, often driven by a deeper desire to reconnect with their roots.

According to Korina Saïa, CEO of Premier Realty Greece, recent years have seen a notable rise in interest from the diaspora in buying homes in Greece. “The Greek diaspora is returning not just emotionally, but also practically,” she says, “seeking properties that combine quality living with investment potential.”

Why Now

Greece’s property market in 2025 is experiencing steady growth, with prices still competitive compared to other European cities. Bank of Greece data shows an average annual price increase of 8%, with hotspots like the Athenian Riviera and northern suburbs seeing rises over 12%.

“This momentum won’t last forever,” notes Saïa. “Greeks abroad who invest now not only secure a high-quality home, but also gain an asset with long-term value.” She also highlights Greece’s non-dom tax regime, which allows foreign tax residents to transfer their tax base to Greece with a flat annual tax of €100,000, regardless of global income—already attracting many investors, retirees, and entrepreneurs.

Where They’re Buying

The Athenian Riviera—Vouliagmeni, Voula, and Elliniko—remains a top choice for luxury seaside living. Northern suburbs like Kifissia, Politia, and Ekali are also gaining traction, offering privacy, international schools, and a green environment ideal for families returning or seeking a second home.

“Buying a home in Greece is more than square meters and returns,” says Saïa. “It’s about roots, family, and a lifestyle rarely found elsewhere.”

Source: amna.gr

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