The interest of foreigners in the market remains undiminished housing to Cycladeswith the United States winning first place in Spitogatos’ relative list for the first quarter of 2025. The dynamics of the Cyclades as an investment and tourist destination is constantly strengthened, as the top ten markets are overseas with high purchasing interest and purchasing power.
According to the Spitogatos Insights platform for the Cyclades, the US is at the top of the list, followed by the United Kingdom, Germany and France. Sweden is in fifth place, and shortly thereafter, Switzerland, the Netherlands and Australia come. Italy and Canada are the top ten.
Transatlantic demand from countries such as the United States, Canada and Australia highlight the international appeal of the Greek islands, while Europeans – mainly from the United Kingdom, Germany, France and Scandinavia – are still a stable purchasing public.
The presence of high standard of living confirms that the Cyclades maintain the character of a global destination, attractive for both permanent home and tourist or investment use. This intense demand is creating continuous upward pressure on prices, especially on front -line islands such as Mykonos, Paros, Naxos and Santorini, while paving the way for new investments in luxury housing and mixed tourism development.
As the interest from abroad continues to grow, local communities and competent bodies are called upon to manage development in terms of balance and viability in order to maintain the identity and character of the islands without degrading the quality of life of permanent residents.
Five islands stand out on the map of housing offering for sale in the first quarter of 2025: Paros, Syros, Mykonos, Santorini and Andros. Of particular interest are Syros and Andros, who, although not recording the same tourist pressure as other popular destinations, seem to gain ground as alternatives to buy a housing, offering a more balanced combination of quality of life and investment perspective.
The Cyclades consistently maintain their character as an attractive investment and holiday destination, attracting a strong interest in both Greeks and international buyers. In the first quarter of 2025, the Aegean islands are ranked sixth nationwide at the level of demand for a home market, according to Spitogatos’ analysis, confirming their timeless value in the Greek and international real estate market. Indeed, demand recorded a 10.4% increase compared to the corresponding period of 2024, reflecting the intense mobility observed in the Aegean and a further rise in the coming months.
As purchasing interest is intensified, local communities and competent bodies are called upon to manage this increased pressure with a strategic approach to ensure the balance between growth, environmental protection and maintain the authentic identity of the islands.