Greece is evolving into a leader among income property markets of Southern Europe, recording the highest growth rate in 2025. According to a study by Savills, which operates in Greece through Kentriki – Savills Greece, “Greece was the champion in Europe based on the growth rate, as the value of transactions increased by 58% on an annual basis.”
The leaders were the hotel and office building sectors. According to Savills data, purchases and sales of a total value of €1.26 billion were recorded in hotels, an increase of 34% compared to 2024, as significant movements were observed, either of individual units or even hotel portfolios, including the acquisition of 67% of the Four Seasons Astir Palace. This move by shipowner George Prokopiou was valued at €700 million.
However, the increase in the office sector was even greater, as the value of transactions increased by 81% annually, to €822 million. The largest part concerns the acquisition of a real estate portfolio (mainly offices) that Prodea Investments transferred to Giannis Papalekas’ Yoda group, for €750 million, at the end of 2025.
Savills reports that the volume of purchases and sales in the commercial sector tripled in 2025. Based on its data, it is estimated that the total volume of income property acquisitions in 2025 approached – or possibly exceeded – €2.5 billion.
