Halkidiki real estate market hits historic high in 2024
Halkidiki real estate market hits historic high in 2024
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Halkidiki real estate market hits historic high in 2024

What the Annual Survey of the Regional Association of Real Estate Agents revealed.
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RE+D magazine
03.06.2025

According to the annual report of the Halkidiki Association of Real Estate Agents, more than 1,800 property transactions were completed in 2024, with the vast majority involving properties priced below €150,000.

According to market experts, residential properties ranked first in sales, accounting for 68.7% of total transactions, based on responses from 41 real estate agencies in the region.

Investment and the purchase of holiday homes were the main reasons for buying property, followed by the acquisition of a primary residence. Among buyers, Greeks were the dominant group, followed in order by residents of North Macedonia, Bulgaria, Albania, Serbia, members of the Greek diaspora, Romanians, Germans, Turks, Israelis, and Russians.

In terms of price range, nearly half of the buyers (47.5%) chose properties under €150,000, while 37.5% were in the mid-range category (€150,000 – €450,000). A smaller percentage (10%) preferred high-value properties over €400,000, while there were also buyers whose preferences were spread across different categories.

According to the survey, around 47.5% of buyers acquired properties valued under €150,000, while nearly four in ten (37.5%) made purchases in the mid-range category (€150,000–€450,000).

10% of buyers targeted high-end properties valued above €400,000, and some were identified as “mixed-type” buyers, showing interest in various price ranges. Residential properties constituted the vast majority of real estate sold by brokers (68.3%), followed by land (26.8%) and commercial properties (4.9%).

Approximately 3 in 10 (28%) respondents acquired a property with the intent of commercial use, 27% purchased it as a holiday home, 12% as a primary residence, 1% for short-term rentals, and another 1% for long-term leasing.

Pre-owned properties aged 11–20 years dominated transactions, representing 25% of total sales, followed by those aged 21–30 years (12%). Properties aged 1–5 years and 6–10 years each accounted for 5%, while new constructions did not exceed 7%. Properties older than 30 years accounted for just 2% of transactions.