Through systematic efforts, we have effectively succeeded in upgrading the recognition of the country's luxury real estate to audiences outside of Greece that truly count, while we have directed the attention of Ultra High Net Worth Individuals to the "gems" of Greek real estate. Savvas Savvaidis, President & CEO of Greece Sotheby's International Realty stated : "The 12 record-breaking transactions that we have carried out during recent years serve as tangible proof of the brand's international reach, the effect this has on the buyers who trust us, as well as the effectiveness of extensive marketing activations in all key international markets. It is worth noting that in Lefkada transactions of luxury real estate are few and far between, with the majority of properties nearing the highest limit of 1,5 million euros, while the records observed in 2022 represent values almost 3 times as high. One of the above transactions also revealed the highest value per square metre with its price reaching 16,700 euros/sq. Respectively, on the island of Lefkada, the historical record in sale value of a luxury property was broken not once, but twice, in 2022 with transactions reaching 4,1 and 5,4 million euros. This particular transaction value is approximately 3 times higher than the average deals of similar scale that took place in previous years. More specifically, this year's highest value transaction on the island of Syros marked an all-time high in the transactions recorded in the island's history with the sale of a property worth 3,7 million euros made by Greece Sotheby's International Realty. The latter not only garnered high interest but also saw very high transactions, with records being broken in quick succession. Other regions in the country are following the same path, such as Syros, Lefkada and Paxoi. This particular transaction amounts to approximately 4 times the value of the island's average transactions and comes to solidify Mykonos' rightfully held title as the flagship of Greek luxury real estate. Mykonos remained the main point of reference for the sale of second homes, with a transaction of over 23 million euros setting the record for the highest sale value of an individual residence in Greece. Cronus | Antiparos (Photo Credits: Francisco Nogueira)
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