Israelis are scouring the market of Thessaloniki for the rental of properties that will accommodate entire families, in the shadow of the war in Gaza.

Real estate in Greece and especially in Attica continues to attract foreign buyers and it is no coincidence that funds amounting to around 1.102 billion euros entered the domestic market from abroad in the first half of 2023, according to the latest data from the Bank of Greece, an amount that translates into a percentage increase of almost 40% compared to the corresponding period last year.

The conflict in Israel has dealt a major blow to the tourist market of Thessaloniki, as 11% of overnight stays in the northern Greek city come from Israel.