To Vima featured Greece Sotheby's International Realty's third Market Report, confirming the Athenian Riviera and wider Athens market as the driving force behind Greece's luxury real estate momentum through 2024 and into 2025.
The report recorded total GSIR sales of €500 million in Greece over the past five years, with the conversion rate of on-site viewings to sales rising sharply from 6.5% in 2023 to 14.2% in 2024. Greek buyers led international demand for the first time at a 16% share, closely followed by US buyers also at 16% and UK buyers up 17% year-on-year.
Geographically, the Athenian Riviera topped demand at 17% of total requests, with Athens as a whole accounting for 30%; Corfu held second place, rounding out a top five completed by central Athens, Crete and Lefkada. The report also drew on a survey of 17 international Sotheby's International Realty offices, finding sustained high-net-worth interest across markets including Italy, the UK, Spain and Dubai.
"2024 was a landmark year for our company," said Savvas Savvaidis, President & CEO of Greece Sotheby's International Realty, pointing to record sales and stronger buyer commitment across the year.
This is examined further in the Intelligence Hub's Market report.