Makri, a small uninhabited Greek island in the Aegean Sea, is set to be auctioned on June 10, 2026, with a starting price of €4.8 million. The island, covering about 100 hectares, is located near the coast of mainland Greece and has been listed by the Greek state as a property for sale.
The island's history is marked by disputes and changes in ownership. In the 19th century, it was part of the Ottoman Empire and later became a point of contention between Greece and Turkey. After the population exchange in the 1920s, it remained largely abandoned. In recent decades, it has been owned by the Greek state and used for grazing.
The auction is part of a broader Greek government initiative to sell state-owned properties to reduce national debt. The starting price of €4.8 million reflects the island's potential for development, though its remote location and lack of infrastructure may limit interest.
Environmental groups have expressed concerns about potential development on the island, which is home to rare bird species and marine life. The Greek government has stated that any development must comply with environmental regulations.
