How much does property cost in Santorini?

Property prices in Santorini vary by type: apartments typically range from €225K to €1200K, villas from €600K to €4.5M+. Prices depend on location, condition, and views.

What is the price per square meter in Santorini?

Price per square meter in Santorini typically ranges from €2,500 to €8,000+ depending on location and property type. Premium properties in prime locations command higher prices.

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Santorini Property Prices

Q: Are property prices rising in Santorini?

Santorini has seen sustained interest from international buyers. The market, known for bucket-list destination, premium tourism, cave houses, boutique hotels, sunset views, has experienced moderate price appreciation in recent years. Check our quarterly Casza Index for latest trends.

2026 price guide for Greece

Quick Answer

Property prices in Santorini range from €225K for entry-level apartments to €4.5M+ for luxury villas. The market is characterized by bucket-list destination, premium tourism, cave houses, boutique hotels, sunset views. Greece has a cost of living index of 52/100.See our methodology.

Casza Market Summary: Santorini

Methodology

•Property prices range from €225,000 to €4,500,000.
•Average rental yield is 5.8% gross annually.
•Cost of living index is 52 (48% cheaper than Western Europe average).
•Golden Visa residency available with €250K+ property investment.
•Foreign nationals can purchase property without restrictions.

View full Greece market guide

Prices by Property Type

Apartments

Entry Level

€225K

Average

€525K

Premium

€1200K+

Villas

Entry Level

€600K

Average

€1350K

Luxury

€4.5M+

Townhouses

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Price Analysis for Santorini

The Santorini property market in Greece is characterized by bucket-list destination, premium tourism, cave houses, boutique hotels, sunset views. Prices reflect the desirability of the location, which is known for iconic white-washed villas with caldera views.

Price Factors

Several factors influence property prices in Santorini:

Location: Waterfront, historic center, and view properties command premiums
Property condition: Renovated vs. requiring work significantly affects price
Size and layout: Price per m² often lower for larger properties
Amenities: Pools, parking, and outdoor space add value
Rental potential: Properties with high rental yield may price higher

Price Trends

Santorini has experienced strong demand from international buyers. The market benefits from Greece's Golden Visa program and appeal to lifestyle-focused investors. For quarterly market updates, see our Casza Index.

Buying Costs

In addition to the purchase price, budget for transaction costs of 8-15% including:

Transfer tax/stamp duty (varies by region)
Notary fees (1-2%)
Legal fees (1-2%)
Registration fees
Agent commission (if applicable)

For complete details, see our Greece Buying Guide.