The vast majority of buyers on islands such as Mykonos and Santorini come from abroad.
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The price of a luxury holiday home in the Cyclades is up to six times higher than a typical residence.
The vast majority of buyers on islands such as Mykonos and Santorini come from abroad.
This year saw a horizontal increase in the average asking price for the sale of luxury homes in the popular Cycladic destinations.
The market underlines the reasons why the acquisition of a holiday home is increasingly becoming an option off the agenda for the majority of Greeks.
The majority of the demand comes from Northern and Central Europe, Britain, France, Italy, Israel, the US and Arab countries.
The Greek holiday home market grew 10.8% so far this year compared to the same time in 2025.
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Demand for luxury holiday homes from foreign and Greek buyers is at a record high in 2026.
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Demand for luxury residences registered a significant increase in the year’s first half.
