Real Estate in Athens: investing in the historic and modern heart of Greece
Athens, the capital of Greece, is much more than a city of ancient monuments. Today, it’s a vibrant metropolis where culture, innovation and real estate growth meet. Real estate in Athens offers a unique combination of affordability, profitability and lifestyle – attracting a growing number of international buyers and investors.
With a dynamic economy, increasing tourism and major urban redevelopment, Athens has become one of the most exciting property markets in Southern Europe.
A city of history and progress
Athens is one of the world’s oldest cities, yet it’s also one of Europe’s most dynamic capitals. The city blends ancient heritage with a modern lifestyle, a lively nightlife and a growing expat community.
In recent years, Athens has undergone a remarkable transformation: once-neglected districts have been revived, historic buildings restored and infrastructure expanded with new metro lines, trams and airport facilities.
Real estate in Athens has benefited directly from this transformation, attracting both investors seeking returns and individuals looking for a second home or permanent residence in the sun.
Why invest in real estate in Athens?
Athens offers numerous advantages for property investors:
- Attractive property prices: still lower than in other Southern European capitals such as Madrid, Rome or Lisbon.
- Strong rental yields: supported by tourism, expat demand and short-term rentals.
- Economic recovery: Athens is Greece’s financial and business hub, with growing sectors in technology and services.
- Golden Visa program: residency available for property investments from €250,000.
- Exceptional lifestyle: sunshine, sea, culture and gastronomy all in one city.
The real estate market in numbers
Property prices in Athens have risen 8–10% per year in recent years, depending on location. The demand for apartments – especially renovated units in the centre or near the coast – continues to grow.
Short-term rental platforms such as Airbnb are popular, offering average gross yields of 5–8% per year.
Foreign buyers from Europe, Asia and the Middle East increasingly view Athens as a stable, high-potential market.
The most popular neighbourhoods in Athens
Each area of Athens has its own character, price range and investment profile.
1. Plaka and Monastiraki – historic charm
Located at the foot of the Acropolis, these neighbourhoods are perfect for boutique apartments and short-stay rentals. Property here is scarce but holds exceptional value.
2. Koukaki and Neos Kosmos – trendy and central
Close to the city centre and major landmarks, these districts attract young Greeks and expats. Renovated apartments here offer excellent rental opportunities.
3. Kolonaki – prestige and exclusivity
Kolonaki is Athens’ most elegant district, home to embassies, designer boutiques and art galleries. Luxury real estate in Kolonaki guarantees long-term stability and appreciation.
4. Exarchia and Metaxourgeio – up-and-coming
Once alternative neighbourhoods, these areas are now being revitalised and are perfect for investors looking for early-stage opportunities at affordable prices.
5. Glyfada and Vouliagmeni – coastal living
South of Athens, along the Athenian Riviera, lie Glyfada and Vouliagmeni – modern seaside suburbs offering high-end living just 30 minutes from downtown. These are ideal for second homes and expat residences.
Property types in Athens
- City apartments for short- or long-term rentals
- New developments in modern districts such as Marousi and Kallithea
- Luxury penthouses with Acropolis or sea views
- Renovated historic buildings in central areas
- Commercial properties in the business district
With affordable entry prices and rising demand, real estate in Athens is accessible to both new and experienced investors.
Living in Athens: sun, culture and energy
Athens offers over 300 days of sunshine per year, rich history, a vibrant cultural scene and Mediterranean cuisine.
The city also provides modern healthcare, international schools and excellent public transport. Its proximity to the Aegean Sea means you can enjoy the coast within minutes of the city centre.
The future of real estate in Athens
Athens continues to invest in urban renewal, green spaces and infrastructure. New metro extensions and sustainable housing developments increase the city’s appeal.
With growing international demand, prices and rental yields are expected to remain strong in the years ahead.
Discover why Athens is a smart property choice
Whether you’re looking for a second home, a city apartment or an investment property with solid returns, real estate in Athens delivers it all.
Combining history, sunshine, culture and growth, Athens is one of the most promising property destinations in Southern Europe.
Real estate in Athens is more than an investment – it’s a chance to be part of a city where history meets the future.
