Where Is It Worth Buying a Vacation Home in Greece in 2025?

Where Is It Worth Buying a Vacation Home in Greece?

Buying a vacation home in Greece remains a timeless desire for many—both Greeks and foreigners. Whether for personal use or for tourist exploitation through short-term rentals, the choice of location is crucial. Which areas are currently considered the most valuable, and what factors should be weighed?

Cyclades: High Yield, High Cost

Islands like Paros, Naxos, and Tinos have experienced explosive demand over the past five years. Proximity to Athens, high tourist traffic, and strong interest from foreign buyers have driven prices to particularly high levels. If the goal is exploitation through Airbnb or luxury tourist rentals, the Cyclades remain a top choice—provided the buyer has significant capital.

Crete & Dodecanese: More Affordable Alternatives with Potential

Eastern Crete (e.g., Elounda, Agios Nikolaos) and islands like Karpathos, Kos, and Rhodes offer excellent vacation properties at lower prices than the Cyclades. Maintenance and operating costs are often lower, while tourist traffic remains strong. These islands are ideal for those seeking a combination of leisure and income.

Peloponnese: Hidden Value Near Athens

Kalamata, Nafplio, Pylos, and Mani are emerging as prime investment areas. Road access from Athens, high-quality constructions, and steadily increasing tourist flows make the Peloponnese an excellent choice for a vacation home. Additionally, the presence of major tourist resorts in the area (e.g., Costa Navarino) boosts demand for smaller private properties nearby.

Evia and Sporades: Tranquility with Prospects

Northern Evia, Pelion, and the Sporades islands (mainly Skopelos and Alonissos) offer natural beauty, tranquility, and affordable prices. At the same time, there is less competition in the tourist market, allowing better returns for early strategic investors.

What to Watch Out for Before Buying a Vacation Home

Acquiring a vacation home comes with challenges:

- Proximity to a beach or tourist center significantly increases resale value.

- Access (ports, roads, airports) affects tourist exploitation.

- Legal and property condition checks are more demanding on islands.

It is also important to consider building regulations, inclusion in city plans, and possible impacts from natural disasters such as fires or floods.

Conclusion

There is no single "ideal" place to buy a vacation home. The right choice depends on the purpose: personal use, tourist rental, or long-term appreciation. Using tools like the ReWize platform can greatly assist in finding properties that combine yield, stability, and legality.