What Grekodom Development does

Grekodom Development is a privately held, full-service Greek real estate company headquartered in Thessaloniki, operating as a subsidiary of the Mouzenidis Group conglomerate (whose flagship is Mouzenidis Travel). Founded around 2006–2009 as Mouzenidis Real Estate and rebranded in October 2013, the company provides property brokerage, construction, renovation, landscape design, property management, investment consulting, and Golden Visa support services targeting both Greek domestic buyers and international property investors from markets including Russia, Bulgaria, the UK, Germany, China, and the Middle East.

The core platform is a multilingual website (grekodom.gr plus 15 country-specific localized versions) hosting more than 9,000 property listings distributed across Athens, Halkidiki, Thessaloniki, Crete, Pieria, Corfu, and other regions. Listings span apartments, villas, houses, plots, commercial premises, and complete complexes, with property prices ranging from €50,000 to over €1,500,000. The technology stack is conventional: a property listing database with search and filtering, contact/callback forms, Google Analytics, and Google AdWords remarketing — no proprietary AI, API, or developer-facing integrations are documented.

The business operates on a sales-led GTM motion combining six physical branch offices with regional sales agents and a direct-to-consumer website funnel. Revenue is generated through three streams: brokerage commissions on property sales and rentals (transaction fees), professional services revenue from construction and renovation work, and recurring managed services revenue from absentee property management. Customer concentration is low given the B2C, high-volume, geographically diversified model. The company is privately held with no disclosed funding, no revenue disclosure, and 11–50 employees per available firmographic data.

Name

Grekodom Development

Legal name

GREKODOM DEVELOPMENT ΑΝΩΝΥΜΗ ΚΑΤΑΣΚΕΥΑΣΤΙΚΗ, ΜΕΣΙΤΙΚΗ, ΕΜΠΟΡΙΚΗ ΕΤΑΙΡΙΑ

Website

https://grekodom.gr

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Grekodom Development is a privately held Greek real estate company offering property brokerage, construction, property management, and Golden Visa support across Greece and Cyprus, serving international and domestic buyers through 16-language websites and six branch offices as a subsidiary of the Mouzenidis Group.

Ownership category

akta.pro rank

Headquarters

HQ city

Thessaloníki

HQ country

Greece

HQ region

Europe

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Property Sales Commission: Brokerage commissions from buying and selling real estate properties across Greece, including residential, commercial, land, and investment properties.
2. Construction and Development Services: Services including property design, construction, renovation, landscape design, pool installation, and security system installation for property owners.
3. Property Management: Property management services during owner absence including security, supervision, care, and rental management.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Grekodom Development is a Greek real estate company that brokers the sale and rental of residential and investment properties across Greece. Beyond brokerage, it delivers construction, renovation, landscape design, pool installation, security system installation, property management, and investment consulting services for international buyers interested in Greek real estate.

Product overview

Grekodom Development operates as a full-service Greek real estate company offering a unified property platform combining listings and transactional services. The core offering consists of a property sales and rental platform (grekodom.gr) supported by integrated service modules including construction and renovation, investment consulting, Golden Visa legal support, and property management. Formerly known as Mouzenidis Real Estate, the company rebranded in October 2013 and belongs to the Mouzenidis Group.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Brokerage (Sales and Rentals) Brokering the sale and rental of residential and investment properties across Greece, including seaside, island, and mainland listings. Targeted at international individual buyers and renters seeking Greek real estate.
• Construction and Renovation Services

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Mouzenidis Groupparent companyOthersGrekodom Development belongs to the Mouzenidis Group, with Mouzenidis Travel serving as the model/flagship company of the group. This affiliation provides brand credibility and cross-referral opportunities within the travel and tourism ecosystem.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Idealista: Leading Southern European property portal operated primarily in Spain, Portugal, and Italy, with established coverage of Mediterranean markets—representing a potential platform threat as it expands into Greek listings and aggregates foreign-buyer demand for the broader region.

Direct peers

• Century 21 Greece: Global real estate franchise with a Greek affiliate network providing residential brokerage, rentals, and new developments across mainland Greece and the islands—directly comparable full-service offering aimed at similar foreign-investor and lifestyle-buyer segments.
• RE/MAX Greece: Largest global real estate franchise with significant Greek network offering residential and commercial brokerage across virtually every region where Grekodom operates, targeting both domestic and international buyers of Greek property.
• Engel & Völkers Greece: Global luxury real estate brokerage franchise with established Greek operations servicing international buyers of premium residential and investment properties—directly competing for the same foreign-buyer segment in Athens, Crete, Halkidiki, and the Greek islands.
• A Place in the Sun: UK-based foreign property specialist featuring Greece prominently to British, Irish, and broader European buyers seeking holiday homes and investment property—overlapping significantly with Grekodom's UK, Irish, and Northern European buyer segments.
• Kyero: Specialized foreign-buyer-focused Greek property portal reaching international buyers in 20+ languages with listings across Greece—directly comparable to Grekodom's multilingual distribution strategy and foreign-acquirer customer base.
• Spitogatos.gr: Greece's largest domestic property classifieds portal aggregating residential and commercial listings across all major Greek regions—competing for seller-side listing inventory and buyer-side traffic in the same Athens, Thessaloniki, Halkidiki, and island markets.
• Sotheby's International Realty (Greece): Affiliated luxury real estate network with Greek presence serving high-net-worth international buyers of premium and waterfront properties across Athens, Mykonos, Santorini, Crete, and other prime Greek markets.
• Property Greece: UK-headquartered Greek property portal and advisory targeting British and Northern European buyers of holiday homes and relocation properties in Greece—directly competing for the same foreign lifestyle-buyer demand pool.
• Coldwell Banker Greece: International real estate brokerage brand with Greek operations focused on premium and luxury residential properties for foreign buyers—competing for the same Golden Visa-motivated, lifestyle-driven international clientele as Grekodom.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/grekodom
• Xx.com/grekodom

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grekodom Development