Lure of Greek Islands Driving Up Property Asking Prices

ATHENS — A year-and-a-half into the lingering COVID-19 pandemic, with Greece starting to open again because of vaccinations, interest is jumping in Greek islands and pumping up the prices of property on many.

The asking prices have soared 26 percent since the start of the pandemic in 2020, with Serifos one of the most attractive, costing on average some 2,650 euros ($3147.25) per square meter (10.74 square feet) said Kathimerini, citing the Spitogatos Property Index.

Other islands with big costs were Samothrace and Poros, driven by interest from foreigners wanting to acquire property on Greek islands, making costs prohibitive in some cases for those without means, including Greeks.

Antiparos has also seen a major increase in asking prices, up 17.65% year-on-year, to a particularly high rate of 3,823 euros ($4357) per square meter on an island that's the vacation home for actors Tom Hanks and Rita Wilson.

Other spots with bike hikes in prices include Cycladic islands Naxos, Kythnos, and Paros and also others including Cephalonia Tinos and Rhodes, the report added.

Islands not in the Cycles showed a decline though, including Thasos, Ikaria, and Skopelos, as well as Patmos, Leros, and Lesbos, with smaller declines on Kea (Tzia) Syros, Chios and Spetses for the prices.


ATHENS - The special 'Easter Basket,' which offers traditional Easter foods at lower or unchanged prices, will come into effect from April 24 to May 4.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Indians Vote in the First Phase of the World’s Largest Election as Modi Seeks a Third Term

NEW DELHI (AP) — Millions of Indians began voting Friday in a six-week election that's a referendum on Narendra Modi, the populist prime minister who has championed an assertive brand of Hindu nationalist politics and is seeking a rare third term as the country's leader.

ASTORIA – The Greek Cultural Center (GCC) in collaboration with Boann Books and Media present ‘Boann and the Well of Wisdom’ at the GCC, 26-80 30th Street in Astoria, April 25-28, one weekend only.

ALBANY – New York State Assemblyman Michael Tannousis (R, C-Staten Island/Brooklyn) released a statement on April 18 concerning the state budget.

NEW YORK (AP) — A man who doused himself in an accelerant and set himself on fire outside the courthouse where former President Donald Trump is on trial has died, police said.

WASHINGTON (AP) — After its midnight deadline, the Senate voted early Saturday to reauthorize a key U.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.