Taxation may be the big thorn in the side of property owners in Greece at the moment, but nearly 6 in 10 or 59% of respondents to the latest KARA Research property survey consider it in their interest to own and rent property.

For landlords themselves, the figure drops slightly to 55%, with 32% responding that ‘it is not in their best interest’, however in both cases the numbers are up on a few years ago. In 2018 those responding that ‘it is in their best interest’ to own and rent property was at 25% with the lowest figure, at 12%, being recorded, understandably, in 2014 with the collapse of the property market (when the financial crisis had wiped out values and yields).

These, among other things, are the findings of a survey by Kappa Research of a sample of 1,070 people from across the country conducted on 17-21 January on behalf of the Panhellenic Federation of Property Owners (POMIDA), which held its conference last Saturday. Amid a booming market, Greeks believe that investment interest in the property market in Greece will show further growth in the coming years in the 2025-2026 period, as estimated by two-thirds (66%) and a 17% estimate that it will decrease, a figure that has also risen compared to 2018 when the figure was 50%.