Hotel investments are the big winner of the Greek real estate market
Source: Tornos News
Hotel investments are the big winner of the Greek real estate market, with the forecasts for the second half remaining strongly positive, in the Property Market Outlook for Greece of the American Hellenic Chamber of Commerce for the first half of 2025.
According to the Real Estate & Development Committee, the increase in tourism, the stability of the economic environment and the strong demand from foreign investors are fueling the dynamics of the hotel sector. The study notes that hotels – along with holiday homes and offices – will continue to move upwards, in contrast to industrial spaces and commercial stores that are showing signs of pressure.
At the same time, the study highlights the challenges that accompany the positive course of the sector: high construction costs, uncertainty around the NOK and the lack of a skilled workforce. These factors can affect the pace of new hotel developments, even if demand remains strong.
The Chairman of the committee, Lefteris Sikalidis, underlined that the Greek hospitality market is at a crossroads: “Despite its momentum, it is called upon to balance between growth prospects and challenges, such as cost and availability. The study provides a realistic picture and forecast for the second half of 2025, constituting a reliable reference for the hotel sector and a tool for making informed decisions.”
The original article: belongs to Tornos News .
