Profile of foreign homebuyers

Businesspeople and senior or top executives of companies, aged 50 and over, are today the main buying public for a holiday home in Greece. These are people who have saved money and are mainly interested in acquiring a newly built property in the Greek market, with their main aim being having it for their own use and secondarily for utilization through short-term rental platforms.

These are the main conclusions of a related analysis by the company Elxis - At Home in Greece, which is based in the Netherlands and specializes in the sale and management of holiday homes in the Greek market.

Based on the relevant data, the most numerous category concerns buyers with an available budget of 250,000 to 600,000 euros. According to the managing director of the company, Giorgos Gavriilidis, "until 2023 the ceiling of our customers was around €450,000-500,000 and this concerned a...