Crete Posts Greece's Highest Property Growth as Rethymno Surges

Monday, 18 May 2026/Source: Google News/1 min read

Crete recorded the highest property price increases in Greece in 2025, with the island topping national rankings for real estate appreciation. The city of Rethymno, located on the northern coast between Heraklion and Chania, led this growth across the island. Rising property values reflect strong demand driven by tourism, foreign buyers, and short-term rental activity. For visitors, this trend signals continued investment in accommodation infrastructure across Crete, particularly around Rethymno's historic old town and surrounding areas. However, higher property costs are also pushing up rental and accommodation prices island-wide. Travelers planning trips to Crete in 2025 and beyond should expect accommodation rates to reflect this upward market pressure, and booking in advance is advisable, especially for stays in sought-after areas like Rethymno.