Advantages of the Athens Real Estate Market for Investors

The Athens real estate market is becoming increasingly attractive to both local and international investors. Following a period of economic instability, Greece is now showing steady growth, making property investments in the capital highly promising. In this review, we will explore the key factors that make Athens’ real estate market a profitable investment opportunity in 2025.
1. Affordable Prices and Growth Potential
Compared to other European capitals, real estate prices in Athens remain relatively low. The average price per square meter ranges from €2,500 to €4,000, while in cities like London or Paris, it can exceed €10,000. This price advantage attracts investors looking for properties with high appreciation potential.
2. Rising Prices and Investment Appeal
In recent years, the Athens real estate market has experienced steady growth. In 2024, property prices increased by an average of 7–10%, and this trend is expected to continue. Key factors driving this growth include economic recovery, rising household incomes, and increasing foreign capital inflows.
3. Tourism Growth and Rental Demand
Athens is one of Europe’s major tourist hubs. A high influx of tourists fuels strong demand for short-term rentals through platforms like Airbnb and Booking.com. Additionally, the demand for long-term rentals is rising, driven by the growing number of students, professionals, and entrepreneurs. The average rental yield in Athens ranges from 5–7% annually.
4. Golden Visa Program for Investors
Foreign investors purchasing property worth at least €250,000 can obtain a Greek residence permit. This program is particularly popular among citizens from China, Turkey, Russia, and the Middle East, helping to sustain strong demand for Athens’ real estate.
5. Urban Infrastructure Development
Athens is actively modernizing its infrastructure, expanding transport networks, developing its metro system, and upgrading its airport and roadways. These improvements enhance the city’s livability and increase property values.
6. Diverse Investment Opportunities
Investors can choose from various real estate options:
• City-center apartments – ideal for rental income and capital appreciation.
• Luxury properties – in high demand among affluent buyers.
• Commercial real estate – offices, retail spaces, and hotels.
• New developments and renovation projects – allowing investors to purchase at lower prices during the construction phase.
7. Tax Benefits and Favorable Taxation
Greece offers reduced property taxes for investors. In 2020, property taxes were cut by 22%, stimulating market activity. Additionally, foreign investors can benefit from tax incentives when using properties for commercial purposes.
8. Popularity Among Digital Nomads and Expats
Athens is becoming a hub for remote workers and expatriates, thanks to its comfortable climate, affordable housing, and well-developed digital infrastructure. This creates additional demand for rental properties, making the market even more attractive.
9. Stability and Future Market Prospects
The Athens real estate market continues to strengthen, demonstrating resilience to economic fluctuations. Economic growth, government support for investors, and infrastructure improvements contribute to the sector’s stability and long-term price growth.
Investing in Athens real estate in 2025 remains a lucrative opportunity. Favorable tax conditions, a growing rental market, affordable prices, and government incentives create attractive opportunities for investors. These advantages position Athens as one of the top European capitals for real estate investments.