Greek Property Market: Older Homes Dominated Sales in 2025 📊🏡

6/11/2026

According to recent market research based on thousands of completed transactions, 75.6% of the residential properties sold in Greece during 2025 were more than 20 years old, highlighting buyers’ strong preference for existing housing stock.

The findings show that residential properties remained the dominant segment of the market, accounting for 74.8% of all real estate transactions, followed by land plots (14.3%), agricultural land (5.8%), and commercial properties (5.1%). Despite growing interest in newly built homes thanks to their modern features and energy efficiency, supply remains limited and unable to meet demand.

Newly constructed homes, aged up to five years, represented only 12.3% of residential sales. Properties between 16 and 20 years old accounted for 9.8% of purchases, while homes aged 11–15 years made up just 2%. Surprisingly, properties between six and ten years old attracted only 0.3% of buyers.

The study suggests that the relatively low level of residential construction over the past years has failed to keep pace with increasing demand. As a result, many buyers have shifted their attention to older properties, which offer more availability and often more affordable prices.

Nevertheless, when buyers have the opportunity to purchase a newly built home, they tend to favor it over older alternatives. Modern residences offer improved energy performance, contemporary layouts, and amenities that better suit today's lifestyle requirements, making them highly attractive despite their limited availability.

This trend illustrates the current imbalance in the Greek housing market: strong demand for modern homes, but a shortage of supply that continues to drive buyers toward older properties.

 

 

Source: https://www.cnn.gr/oikonomia/chrima/story/537536/erevna-to-75-6-ton-katoikion-pou-polithikan-to-2025-itan-ano-ton-20-eton