Real Estate Prices on Aegean Islands soar
- Written by E.Tsiliopoulos
The average sale price of properties in the Aegean islands, especially the Cyclades, has exceeded €4,000 per square metre, according to recent data.
The surge in demand and prices is not limited to popular islands; smaller, remote islands are also experiencing significant increases.
Antiparos is a prime example, with the average price in Chora jumping by €2,000 in seven years to over €5,000 per square metre.
Overall, the average sale price for residential properties across the Aegean islands is €3,221 per square metre, an 8.09 percent increase from June 2023.
The Cyclades lead with the highest average asking price at €4,137 per square metre, while the Lesbos Prefecture has the lowest at €1,093. Mykonos boasts the most expensive properties with an average of €7,256 per square metre, and Amorgos the lowest at €1,763.
Mykonos rental prices reached €20.63 per square metre per month in June, suggesting a potential market peak. Santorini also saw a notable increase, with the average sale price reaching €4,936 per square metre.
Specific areas within islands also show varying trends.
In Paros, Filidi has the highest asking price at €6,264 per square metre, while Lefkes has the lowest at €4,258. In Santorini, Oia tops the list with €6,291 per square metre, and Thira is the most affordable at €4,630.
Πηγή: iefimerida.gr - Aegean Island Property Prices Soar Past €4,000 per Square Metre - iefimerida.gr
Related items
-
Greece moves to become Southeast Europe’s first carbon storage hub
-
Giannis Antetokounmpo says Heat provide best route to another NBA title
-
Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
-
Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
-
Greek banks have liquidity ready to fuel economic growth
Latest from E.Tsiliopoulos
- Greece moves to become Southeast Europe’s first carbon storage hub
- Giannis Antetokounmpo says Heat provide best route to another NBA title
- Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
- Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
- Greek banks have liquidity ready to fuel economic growth
