The real estate market in Greece has rebounded strongly in recent years, attracting foreign investors as well as Greeks seeking security and returns on their capital. However, beyond the immediate rental yield, one of the most important criteria in choosing a home or commercial space is its resale value. A property with high resale value maintains or increases its price over time, ensuring that the investment will not lose its value.
In this guide, we will look at how you can find properties for sale with real investment interest in Greece, what factors you should consider before buying, and what characteristics determine the long-term value of a property.
What does “resale value” mean and why is it important?
Resale value is the amount that a property can fetch if you decide to sell it in the future. It depends not only on the general market trend, but also on specific characteristics of the property itself, such as location, build quality, amenities, and the area’s development prospects.
For example, a property in the center of Athens or Thessaloniki, close to transportation and universities, will have a higher resale value than an isolated property with no investment interest. Similarly, an apartment with energy certification, modern facilities, and the possibility of short-term rental is more attractive to future buyers.
Location is everything
Location is the most important factor in property valuation. Areas that are developing steadily, have investments in infrastructure, and attract new residents are the most suitable for purchase with a view to resale value.
- Athens: Areas in Athens such as Marousi, Pangrati, Mets, Koukaki, and Neos Kosmos continue to experience increased demand, while the coastal front (Glyfada, Elliniko, Voula) has strong upward momentum due to the Elliniko project.
- Thessaloniki: The upgrade of the port and the development of transport infrastructure are increasing demand in areas such as Kalamaria, Pylaia, and the city center.
- Islands and tourist areas: Crete, the Cyclades, and the Dodecanese are attracting increased interest from foreign buyers, which is keeping demand high and boosting resale value.
Choose areas where redevelopment, new transport links or tourist investments are expected, as such projects gradually increase property prices in Greece.
Build quality and energy efficiency
New buildings with high energy standards (class A or A+) are becoming increasingly valuable, as they reduce operating costs and are considered more sustainable options. The presence of insulation, energy-efficient windows, heat pumps, and photovoltaic systems increases buyer interest and the resale value of the property.
On the other hand, older properties without renovations or energy improvements are gradually losing value. If you choose this type of home, calculate the cost of renovation to enhance its future resale value.
Growth prospects for the area
Another important factor is the growth prospects for the area. Before investing, consider whether:
- There are urban development plans or urban regeneration programs.
- New investments in tourism, infrastructure, or commercial activity are expected.
- The area attracts foreign buyers or has Golden Visa programs.
For example, areas such as Elliniko, Rafina, Nea Smyrni, or the coastal areas of Thessaloniki are undergoing continuous development, which means that properties there are increasing in value year after year.
The importance of proper valuation and selection
Investing in a property with high resale value is not a matter of luck, but of targeted analysis. Before purchasing, ask for:
- A market valuation from a specialized real estate agency or appraiser.
- Comparative price data for properties of similar size and condition.
- Information on objective values and expected increases in zone prices.
In addition, the legal and urban planning clarity of the property plays a huge role in its future sale. Properties without irregularities and with a complete set of permits are much more attractive to potential buyers or investors.
How to recognize a property with potential
Although every investment has its own particularities, there are some consistent benchmarks for properties that retain their value:
- Access to transportation (subway, commuter rail, buses, ports, airports).
- Population growth or increased rental demand in the area.
- Neighborhood safety and cleanliness.
- Nearby amenities such as schools, shopping centers, parks, and hospitals.
- Potential for long-term or short-term rentals (Airbnb).
The more of the above criteria a property meets, the higher the likelihood that it will maintain or increase its value in the future.
The new era of investment in Greece
The Greek real estate market has now stabilized and is attracting investors seeking security, tourism returns, and resale value. Renovations, infrastructure projects, and the digitization of processes (such as electronic transfers and the e-Land Registry) are creating a more transparent and reliable environment for sales.
In addition, areas participating in urban regeneration or energy renovation programs are attracting sustained interest from investors. Even mid-range properties can be turned into profitable investments if they are strategically located and have potential for development.
The role of Greca House Real Estate Agency
Choosing the right property requires expert guidance and market knowledge. Greca House Real Estate Agency offers comprehensive services to Greek and foreign investors, from valuation and legal support to searching for properties with high resale potential.
Our team closely monitors market trends, areas with expected growth, and changes in objective values in order to identify properties that combine security and added value. Whether it is a residence, a vacation home, or an investment project, our goal is to guide you towards the right choice that will pay off in the long run.
Conclusion
The search for a property with resale value is not based solely on today’s price, but mainly on tomorrow’s prospects. With proper research, evaluation of the area, and support from experts, you can invest in a property that will maintain and increase its value in the future. Opportunities exist in the Greek real estate market. The key is to recognize them in a timely manner.
