Older residential properties led buyer demand in 2025

According to data released by the real estate group, of all property transactions completed in Greece in 2025, 74.8% involved residential properties, 14.3% plots of land, 5.8% agricultural land parcels, and 5.1% commercial properties.

These figures confirm the clear preference among buyers for residential properties compared with other types of real estate. In terms of property age, demand for older homes continues to remain consistently high over time.

More specifically, 75.6% of the residential properties sold through the RE/MAX Greece network in 2025 were more than 20 years old. At the same time, newly built homes aged up to five years accounted for only 12.3% of total residential property sales, a development attributed primarily to the limited supply of newly constructed properties. Properties aged 11–15 years were preferred by 2.0% of buyers, those aged 16–20 years by 9.8%, while properties aged 6–10 years accounted for just 0.3% of purchases.

The findings indicate that the limited construction of new residential properties in recent years has been insufficient to meet the continuously increasing demand for such assets, inevitably leading many prospective buyers to turn to older properties.

However, where the opportunity exists to purchase a newly built property, it is often preferred over older alternatives. Homes up to five years old offer modern specifications, greater energy efficiency, and are better suited to the contemporary living requirements of households compared with older properties.

Attica

According to RE/MAX Greece, buyers in Attica showed a strong preference for residential properties, which accounted for 85.3% of all transactions completed through the RE/MAX Greece network. Commercial properties and plots of land each represented 7.2% of total sales, while agricultural land parcels accounted for just 0.3%.

It is worth noting, however, that demand for land acquisitions (including plots and agricultural land) increased by 1.8% compared with the corresponding period of the previous year in Attica, reflecting growing buyer interest in these property categories.

With regard to property age, 86.2% of the homes sold in 2025 were more than 20 years old, while newly built properties aged up to five years represented only 3.3% of total transactions.

The Picture in Thessaloniki

A similar pattern was observed in Thessaloniki, where residential properties accounted for 87.4% of total sales in 2025. Commercial properties followed with 8.7%, while plots of land and agricultural land represented 3.5% and 0.4% respectively.

Regarding the age profile of properties sold in Thessaloniki during the year, 87% of residential transactions involved homes more than 20 years old, while newly built properties aged up to five years accounted for only 2% of total sales.

Rest of Greece

In the rest of the country, residential properties accounted for 69.4% of total sales, maintaining a clear lead over other property categories, albeit at significantly lower levels than in Attica and Thessaloniki.

Plots of land followed with 18.3%, showing an upward trend compared with previous years, while agricultural land parcels and commercial properties represented 8.5% and 3.8% respectively.

As regards property age in regional Greece, the majority of transactions also involved older properties, with 69.3% of homes sold through the RE/MAX network in 2025 being more than 20 years old. By contrast, properties aged up to five years accounted for 17.9% of total sales, a significantly higher proportion than in Attica and Thessaloniki.

Overall, the 2025 market picture, based on RE/MAX Greece data, demonstrates that buyers continue to focus primarily on residential properties, with a clear preference for older homes.

At the same time, despite strong interest in newly built properties due to their modern features and superior energy performance, limited supply remains a defining characteristic of the market. Meanwhile, investment in plots of land and agricultural properties continues to represent a stable option, particularly outside the major urban centres, where increased activity has been recorded in these property categories.