article image
15 Nov 2025

Athens Property Market 2025: Still Worth Buying?

Athens has become one of Europe’s most talked-about real estate markets.
With new infrastructure, tech investment, and strong foreign demand, the big question for 2025 is simple:

Is Athens still worth buying—or has the market peaked?

Here’s the clear, direct answer.


1. Prices Are Rising, But Still Low Compared to Europe

Athens has seen steady price increases since 2018, but even in 2025 it remains far cheaper than other European capitals.

Average prices in 2025:

  • City Center: €2,500 – €4,000/m²

  • Athens Riviera: €4,500 – €9,500/m²

  • Up-and-Coming Areas (Kypseli, Patisia, Mets): €1,800 – €2,700/m²

For buyers coming from London, Paris, Zurich, or Dubai, Athens still looks like a bargain.


2. Rental Demand Is Extremely Strong

Athens remains a year-round rental market thanks to:

  • Digital nomads

  • International students

  • Professionals

  • Expats relocating

  • Tourism (short-term rentals where allowed)

Typical yields in central areas are 5%–8%, higher than most EU cities.


3. The Athens Riviera Is Transforming the City

The Riviera—Glyfada, Voula, Vouliagmeni—is now the premium zone of the capital.
The ongoing Ellinikon project (Europe’s largest urban redevelopment) continues to push demand and pricing.

This will not slow down.


4. The Most Promising Areas in 2025

Top growth zones:

  • Mets – High demand, limited supply

  • Koukaki – Tourism + expat hotspot

  • Kypseli – Fast gentrification, affordable entry

  • Pagrati – Strong, stable rental market

  • Nea Smyrni – Family-friendly, safe, undervalued

These areas still offer opportunities before they reach Riviera-level pricing.


5. Is There Risk of Overpricing?

Some micro-areas (like Kolonaki or prime Riviera) are approaching saturation.
But the broader Athens market is still undervalued compared to:

  • Spain

  • Portugal

  • France

  • Italy

  • Croatia

Athens remains early in its long-term growth cycle.


6. Who Should Buy in Athens in 2025?

Athens is ideal if you want:

  • Strong rental income

  • Long-term appreciation

  • Liquidity (easy resale)

  • A city with year-round activity

  • A low-entry gateway to Europe

If you want pure lifestyle, the islands may beat it.
But for investment, Athens is still number one.


Final Verdict

Yes — Athens is still absolutely worth buying in 2025.
Not because it’s cheap, but because it’s still growing, still undervalued, and still in global demand.

If you want a safe, solid, and profitable long-term investment in Greece, Athens remains one of the smartest options.


https://www.re1.gr/