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Small Homes Dominate Greece’s Housing Market

Small Homes Dominate Greece’s Housing Market

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Demand for smaller homes is reshaping Greece’s residential property market, mirroring a broader international trend. While homebuyers a decade ago prioritized spacious properties, rising costs and changing household needs have shifted demand decisively toward more compact apartments.

According to the latest market data, one in two homes purchased in Greece last year measured between 51 and 100 square meters, with properties ranging from 51 to 75 square meters emerging as the most sought-after category. Industry professionals expect this trend to continue throughout 2026.

Market experts attribute the shift to four key factors. First, soaring property prices have fundamentally altered purchasing decisions. Residential prices in Greece have climbed by roughly 85% to 100% over the past decade, forcing many buyers to compromise on size in order to stay within budget.

Second, operating costs have become increasingly important. Larger homes carry higher expenses for heating, cooling, maintenance fees and property taxes, making smaller, more efficient residences a more attractive option.

Demographic changes are also reshaping demand. Greece’s population is shrinking while single-person households and

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