Greek diaspora revive interest in homegrown property market

·

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

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

SoulChef Sundays: The Easter tsoureki trilogy – scents of love and tradition

Chef Georgia Koutsoukou — the Kalamata-born chef known as “SoulChef” — continues her SoulChef Sundays series with The Greek Herald.

Aleesha Naxakis: From Roselands to the Australia Galaxy Stage

Aleesha is a proud second-generation Australian with roots stretching across Greece – from Crete and Kalamata to Lyfkada and Amaliada.

Dr Louise Makarious’ study reveals hidden maternal death risks years after childbirth

A world-first Australian study has found that one in five maternal deaths in the five years after childbirth are preventable.

‘It’s madness’: Nick Koutsoukos leads fight to save Paddington childcare centre

Parent Nick Koutsoukos leads the fight to save a Paddington childcare centre set to close, leaving families facing a growing childcare crisis.

Greece launches new restoration phase for iconic Larissa theatre

A major new phase of restoration is underway at the ancient Theatre A of Larissa, one of the largest Hellenistic monuments in Greece.

You May Also Like

Greek teacher, Petros Damianos, creates TV classes for inmates

Petros Damianos, Director of the school at Greece’s Avlona Special Youth Detention Center, has created TV classes for inmates.

Leon Vitogiannis to compete in semi-final of IFAC Handa Australian Singing Competition

Leon Vitogiannis will compete in the semi-final of the IFAC Handa Australian Singing Competition. Read more here.

Antonis Selekos: The chef who introduced panettone to the Greek Christmas table

Antonis Selekos is a young pastry chef who maintains a pastry shop, 'Antonis Selekos Conceptual Desserts,' where he sells panettones.