Greece, Tourism Forecast 2023: Expected Growth

Greek Tourism Minister Statement

As Greece emerges from the COVID-19 pandemic, there is an increasing sense of optimism in the country's tourism industry. Greek Tourism Minister Vassilis Kikilias predicted that 2023 will be a strong year for Greek tourism during his address at the 12th Panhellenic Conference of the Association for Professional and Conference Tourism. The conference, entitled “Meetings in Greece: The Game Changer,” was organized by HAPCO & DES (Hellenic Association of Professional Congress Organizers & Destination Events Specialists). The minister announced that he expects tourism to grow by 20% in 2023 in comparison to 2019, the last unaffected year by COVID. This is great news for the real estate market in Greece, especially for those who are interested in investing in luxury apartments in Chalkidiki.

Real Estate

Tourism growth can have a significant impact on real estate in tourist locations. As more tourists visit a particular area, the demand for accommodation, dining, and entertainment options increases, leading to an increase in the demand for real estate in the area. Property prices may rise as developers seek to build more hotels, resorts, and vacation rentals to cater to the influx of tourists. Additionally, local homeowners may see an increase in the value of their properties, as they can capitalize on the demand for short-term rentals, such as Airbnb.

Land of Opportunity

Chalkidiki is a stunning region in Northern Greece, known for its crystal-clear waters, golden beaches, and lush greenery. It is a popular tourist destination, with visitors flocking to the area every year to enjoy the beautiful surroundings and warm Mediterranean climate. With the anticipated growth in tourism, the demand for luxury apartments in Chalkidiki is expected to increase significantly.

Investing in real estate in Chalkidiki is an excellent opportunity for those who are looking for a profitable venture. Luxury apartments in this area are in high demand, with many tourists and visitors seeking comfortable and luxurious accommodation during their stay. As a result, investing in real estate in Chalkidiki can provide a significant return on investment, especially with the expected growth in tourism in 2023.

Time to Act

If you are considering investing in real estate in Greece, now is the time to act. With the expected growth in tourism in 2023, the demand for luxury apartments in Chalkidiki is only going to increase. By investing now, you can take advantage of the opportunities that the Greek real estate market has to offer and enjoy the benefits of owning a property in one of the most beautiful regions in Greece. Act now and take advantage of the opportunities that await you in Chalkidiki. Take a look at Solid Developments’ latest projects Luxury Villas and Artion Residence in Nikiti, Chalkidiki.