Greece Sotheby's International Realty Reports Over €200 Million in Ionian Property Sales
Greece Sotheby's International Realty has released a landmark report detailing over €200 million in completed residential sales across the Ionian islands of Corfu, Paxos, Lefkada, and Kefalonia since 2018. The data highlights significant luxury market activity, including two record-breaking sales in Corfu exceeding €14 million each. In Corfu alone, the firm brokered €138.3 million in transactions, establishing a dominant position in the island's super-prime segment. The report provides rare transparency into the region's high-end real estate market by focusing on closed transaction data rather than asking prices. Key findings show a median sale price of €2.4 million for the Ionian region and a strong preference among British buyers, who account for 56% of both sales volume and value. The market is characterized by high demand for waterfront properties, where scarcity drives significant price premiums per square meter.
Topics: Greece property market Ionian Islands real estate luxury property sales real estate market trends