Halkidiki Real Estate Market. What to Expect?
The dynamics of the market for 2024 were determined by the decision of the Greek government to increase the limit for obtaining a Golden Visa from 250,000 euros to 400,000 euros. This decision practically came into force for transactions after August 30, 2024.


This made many buyers from non-EU countries hurry up to make their choice of property given the short deadlines they had to comply with.
There are also some concerns about price increases in 2025 due to these changes.
According to some analysts, the change in the threshold to 400,000 euros creates a risk of raising prices even higher, which if it happens, we will talk about the so-called “hollow” market. That is, if there are few free properties for sale, some foreign buyers would agree to pay more to purchase a property and obtain a Golden Visa.
Forecasting the real estate market for 2025 is not an easy task and depends on many factors, such as economic conditions, political stability, tourist flows and local demand.

Which areas show great potential?


The areas south of Thessaloniki – from Kallikratia to Paliouri Kassandra – are in consistently high demand. This area is better built up, with developed infrastructure, relatively quick access, shops, taverns and some of the most picturesque beaches in Greece.
Settlements on the eastern side of the first arm of Kassandra such as Pefkohori, Paliouri, Polychrono, Hanioti, Kriopigi and Kallithea are constantly growing. Their development potential is also increasing.
Demand remains stable towards the western coast of Kassandra – Elani, Sani, Siviri, Possidi and Skala Fourka.
Elani is a hit for the third year in a row. An exceptionally picturesque area, with pine forests, lots of greenery, turquoise blue sea. An ecologically clean area offering privacy and tranquility. A preferred place for families with children.
On the second leg of Sithonia, only the Nikiti area is currently showing development and development. Several new projects for modern complexes are about to be launched and implemented, but they are too few. Mostly old buildings are being renovated.
Villages such as Kalives and Gerakini are showing an increasing trend in demand, given the flat terrain, available land for development, close distance from Thessaloniki, the long sandy strip.
Halkidiki is emerging as one of the most popular destinations for both tourists and for the purchase of properties by foreign buyers.

Here are some potential trends that could influence the development of the real estate market in Halkidiki in 2025:

  • Increase in tourist interest: If the tourism sector continues to grow, the demand for properties for short-term rental may increase.
  • Infrastructure Development: Investments in infrastructure (such as transport and services) can make the region more attractive.
  • Changes in laws and taxes: Possible changes in legislation or tax policy related to real estate.
  • Growing interest in buying “second” properties: With more and more people looking for a second home or a vacation spot. Interest in properties in Halkidiki may increase.
  • Geopolitical changes: Last but not least. The possible continuation of the military conflict between Russia and Ukraine will continue to negatively affect the real estate market. On the other hand, the full acceptance of Bulgaria and Romania into the Schengen area and the free movement to and from Greece will undoubtedly have a positive effect.


If we follow the trend over the last 4 years and as far as we can predict the impact and development of the factors described above, we expect a minimal to moderate increase (between 5-10%) in property prices in 2025.

We at Greximo Real Estate hope that this article has been useful to you and will make it easier for you to choose a property in Halkidiki.
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