Apartment Prices in Athens: 2025 Overview

In recent years, apartment prices in Athens have been on a moderate to accelerated upward trend.
After the deep economic crisis between 2009 and 2018, the market began to recover, and prices now reflect growing demand from both local buyers and foreign investors.
The purpose of this article is to provide transparency and a clear, in-depth understanding of apartment prices in Athens.

Beta Real Estate, founded in 2018, has since accompanied thousands of investors and completed hundreds of projects across Athens and throughout Greece. We specialize in identifying real estate opportunities, enhancing their value, and either leasing or selling them in accordance with a defined business plan.

We understand that finding an apartment in Greece in general—and in Athens in particular—can be especially challenging for Israeli investors due to language barriers, cultural differences, and differing legal and tax regulations.
Our goal is to provide you with practical, up-to-date information that will help you make smarter investment decisions in Athens.

Key Highlights – Apartment Prices in Athens (2025)

• Apartment prices in Athens continue to rise – In 2025, the average price per square meter stands at approximately €2,944, an increase of about 7.6% compared to the previous year.

• Significant price gaps between neighborhoods – From around €1,500 per sqm in developing neighborhoods such as Patissia, up to €7,500 per sqm in luxury areas like Vouliagmeni.

• Foreign investment and major projects like “Ellinikon” are driving the market – Athens is attracting investors from around the world thanks to infrastructure development, the Golden Visa program, and strong rental demand.

• Israeli investors enjoy a relative advantage – Due to relatively accessible prices, a welcoming business culture, and the accumulated on-the-ground experience of companies like Beta Real Estate.

• Real opportunities in emerging neighborhoods – Low entry prices, strong value-add potential, and rental yields that can reach 6%–8%.

Average Apartment Prices in Athens (2018–2025)

What Is the Average Price of an Apartment in Athens?

Apartment prices in Athens vary significantly depending on location, property size, condition (new, renovated, or resale), and neighborhood characteristics.

According to updated data for 2025:

• Average price per square meter: approximately €2,944. Prices range from about €1,528 per sqm in developing neighborhoods such as Patisia, up to €5,194 per sqm or more in upscale areas like Kolonaki and Vouliagmeni.

• Average apartment price: a 70 sqm apartment typically costs between €115,000 in more accessible areas and €300,000 or more in central or prestigious neighborhoods.

• Luxury neighborhoods: in areas such as Kolonaki–Lykavittos or Vouliagmeni, prices per square meter remain among the highest in the city—reaching up to €7,500 per sqm, with luxury apartments often exceeding €500,000.

• Developing and peripheral neighborhoods: opportunities are still available, with prices around €1,500–€2,000 per sqm, suitable for buyers seeking an investment property with a relatively low entry price.

For investors looking to combine yield, stability, and a moderately growing market, Athens continues to offer a wide range of opportunities—both in the city center and in peripheral areas undergoing urban renewal.

Factors Affecting Prices

• Location: proximity to the city center, public transportation, cultural attractions, and local services.

• Apartment size: larger apartments have a higher total price, though the price per sqm may be lower.

• Property condition: new or renovated apartments require a higher investment but may generate better returns and reduce maintenance costs.

• Neighborhood characteristics: safety, infrastructure, educational institutions, and the social environment influence demand and pricing.

Our tip: before purchasing or investing, it is advisable to conduct thorough research and consult local real estate experts. This will help you obtain an accurate and up-to-date assessment of prices in areas of interest and ensure a well-informed, profitable investment.

Factors Influencing Housing Prices

Economic Recovery

• GDP growth: the Greek economy shows sustained growth, increasing confidence in the real estate market.

• Declining unemployment: more people can afford to buy homes, driving demand upward.

International Demand

• Foreign investors: the Golden Visa program attracts investors from around the world.

• Rising tourism: increased demand for short-term rentals via platforms like Airbnb.

Urban Development and Infrastructure

• New projects: infrastructure improvements and developments such as Ellinikon positively impact property values.

• Transport upgrades: expansion of metro and tram lines improves accessibility across the city.

Apartment Prices in Athens by Neighborhood

Prices in Athens vary considerably by area. Below is an updated overview of apartment prices in key neighborhoods across the city.

Brief Analysis

City Center: Areas such as Kolonaki–Lykavittos and Ilisia command higher prices due to their prestige and strong demand.
Emerging Neighborhoods: Exarchia, Kypseli, and Petralona attract investors thanks to more accessible prices and solid growth potential.
Upscale Suburbs: Kifissia and Palaio Psichiko are known as luxury neighborhoods offering a high quality of life.
Coastal Areas: Glyfada and Vouliagmeni provide seaside living with modern amenities.