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the number of real estate sales to Germans increased by 300 percent in the first half of 2022 in greece

GERMANS LEAD AT HOME PURCHASES IN GREECE IN 2022

According to a report by the Athens News Agency, in 2022, Germans top the list for home purchases in Greece. German home purchases increased by 300 percent in the first half of the year compared to 2021.

German home purchases in Greece in 2022

According to real estate consultants Elxis, the number of real estate sales to Germans increased by 300 percent in the first half of 2022. German Investors focused on beach houses on Crete or Ionian islands. Germans pay 350,000 Euros per house.

Bank of Greece data,

On the other hand, Dutch, Belgian and British citizens followed Germans in holiday home sales. According to Bank of Greece data, the total expenditure on real estate purchases in Greece in 2022 increased by 75% and reached 374 million Euros.

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