Residential properties continue to be the dominant choice for those investing in the real estate market in Greece, as more than seven out of ten buyers turn to this type of property. At the same time, interest in older constructions remains particularly high, with three out of four properties changing hands being over 20 years old. These conclusions emerge from data from RE/MAX Greece, based on thousands of sales transactions completed last year through the network’s 90 offices across the country.
According to the REMAX Greece network with more than 1,200 property consultants, of all property sales that took place in 2025 in our country, 74.8% concerned residential properties, 14.3% land plots, 5.8% agricultural land and 5.1% commercial properties.
Greek property market: Consistently high and enduring preference for older homes
This fact confirms buyers’ clear preference for residential properties compared to other types of real estate, while regarding age, the preference for older homes remains consistently high and enduring.
Specifically, 75.6% of residential properties sold in 2025 through the REMAX Greece network were over 20 years old. Meanwhile, newly built homes up to 5 years old covered only 12.3% of total residential property sales, a development attributed mainly to limited supply of new properties. Properties aged 11-15 years were preferred by 2% of buyers, properties aged 16-20 years by 9.8% of buyers, while properties aged 6-10 years by only 0.3% of buyers.
The research data shows that the limited number of new home constructions in recent years cannot meet the constantly increasing demand for such properties, and this has inevitably led to interested buyers turning to older properties.
However, where the possibility of buying a newly built property exists, it is more often chosen over older ones, as homes up to 5 years old are modern and energy efficient and respond much better to modern household living needs compared to old properties.
Attica
According to REMAX Greece data, in Attica buyers’ preferences concerned residential properties, as 85.3% of properties sold through the REMAX Greece network belonged to this category. Commercial properties and land plots each accounted for 7.2% of the total market pie, while agricultural land reached marginally 0.3%. It’s worth noting, however, that the land market (agricultural land and plots) recorded a 1.8% increase compared to the corresponding period last year in Attica, reflecting buyers’ enhanced interest in this type of property.
Regarding property age, 86.2% of homes that changed hands during 2025 were over 20 years old, while newly built properties up to 5 years old were limited to 3.3%.
Thessaloniki
A similar picture is recorded in Thessaloniki, where residential properties constituted 87.4% of total sales in 2025. Commercial properties followed with 8.7%, while land plots and agricultural land moved at lower levels, with percentages of 3.5% and 0.4% respectively. Regarding the age of properties sold in Thessaloniki last year, 87% of homes were over 20 years old, while newly built properties up to 5 years old covered only 2% of the total.
Rest of Greece
In the rest of Greece, residential properties accounted for 69.4% of total sales, maintaining a clear lead over other property categories (although at much lower levels compared to Attica and Thessaloniki). Land plots followed with 18.3%, showing an upward trend compared to previous years, while agricultural land and commercial properties stood at 8.5% and 3.8% respectively.
Regarding property age in the regions, the majority of transactions also concern older properties, as 69.3% of homes sold through the REMAX network in 2025 are over 20 years old. Properties up to 5 years old correspond to 17.9% of the total, a significantly higher percentage compared to Attica and Thessaloniki.
In conclusion, the market picture for 2025, according to REMAX Greece data, demonstrates that buyers continue to turn mainly toward residential property purchases, with clear preference for older properties. Meanwhile, despite recorded interest in newly built properties due to their modern characteristics and high energy efficiency, limited supply continues to be a basic market characteristic. At the same time, investment in land plots and agricultural land continues to be a stable choice, mainly outside major urban centers, where increased activity is recorded in these specific property categories.
