More US buyers in Greek realty after election

• 17 December, 24

Demand for housing in Greece from U.S. buyers has surged significantly following the recent presidential elections. The election results appear to have acted as a catalyst for this trend, reflecting the discontent among some Americans over the policies anticipated under the new administration.

Interest in Greek properties from U.S. buyers had already been notable at the beginning of 2024, but post-election, the demand has escalated sharply. This shift has been highlighted by various organizations and companies involved in real estate.

Elxis – At Home In Greece, a firm specializing in holiday home transactions, reported a tenfold increase in U.S. website visitors during the two weeks following election night compared to the same period in 2023. Compared to October, visitor numbers quadrupled, and requests for property viewings saw a similar rise. CEO George Gavriilidis confirmed this trend, noting that U.S. interest in Greek properties has consistently grown throughout the year. He revealed that American website visitors in 2024 ranged from three to six times higher than in 2023, with the post-election period marking a significant acceleration. Gavriilidis also predicted that by 2025, U.S. buyers would rank third in the firm’s client base, following Germans and Dutch customers. Currently, 12.3% of Elxis clients are from the U.S.

This surge reflects not only geopolitical factors but also Greece’s appeal as a destination offering stability, lifestyle benefits, and strategic access to European markets, making it increasingly attractive to American investors and expatriates.

Source: Ekathimerini