A record year for luxury property sales in the Greek market – QNT Press Release

The largest transaction of a single holiday home in Mykonos exceeded 23 million euros and was carried out by Greece Sotheby’s International Realty.

ATHENS, Greece, Sept. 8, 2022 /PRNewswire/ — So far 2022 seems to be the Greek luxury real estate market’s best year thanks to record-breaking transactions taking place both in regions attracting constant interest such as Mykonos, as well as in other parts of the country, such as Syros and Lefkada.

Mykonos remained the main point of reference for the sale of second homes, with a transaction of over 23 million euros setting the record for the highest sale value of an individual residence in Greece. This particular transaction amounts to approximately 4 times the value of the island’s average transactions and comes to solidify Mykonos’ rightfully held title as the flagship of Greek luxury real estate.

Other regions in the country are following the same path, such as Syros, Lefkada and Paxoi. The latter not only garnered high interest but also saw very high transactions, with records being broken in quick succession.

More specifically, this year’s highest value transaction on the island of Syros marked an all-time high in the transactions recorded in the island’s history with the sale of a property worth 3,7 million euros made by Greece Sotheby’s International Realty. This particular transaction value is …

Full story available on Benzinga.com

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