In 2025, the average asking price (AAP) for residential property in Greece recorded an annual increase of 9.6% compared to Q4 2024, while quarterly growth stood at 1.8%. By comparison, the same period in 2024 saw an annual increase of 7.9%, indicating an acceleration in price growth. Conversely, the rental market showed milder dynamics, with average asking rents rising 4.2% year-on-year but declining 3.5% compared to Q3 2025. In Q4 2024, annual rental growth had been higher at 5.8%.
Most Expensive and Most Affordable Areas
The Southern Suburbs of Athens remain the most expensive area in Greece for property purchases, with an AAP of €4,125/sqm, followed by the Cyclades and the Northern Suburbs. The top five are completed by the regional units of Lefkada and Chania, with AAPs of €2,936/sqm.On the other end of the spectrum, the most affordable regions for property purchase are in Northern Greece, with the Kastoria regional unit recording the lowest AAP at €532/sqm, followed by Kozani, Florina, Kilkis, and Karditsa. In the rental market, the Southern Suburbs also lead, followed by the Northern Suburbs, the Municipality of Athens, the Cyclades, and Piraeus, with an AAP of €10.2/sqm. The most affordable rental areas are the regional units of Pella, Imathia, Kilkis, the Rest of Thessaloniki, and Drama.
Attica: Continued Rise in Sale Prices
In Attica, asking prices for residential sales increased 8.1% year-on-year, with a quarterly rise of 1.0%. Rents rose 4.8% annually, remaining stable compared to the previous quarter. Vouliagmeni remains the most expensive area for property purchases, with an AAP of €7,500/sqm, followed by Voula, Glyfada, Elliniko, and Kolonaki–Lykavittos. The most affordable areas for purchase are Varnavas, Agia Varvara, Patissia, Acharnes, and Stamata. In the rental market, Vouliagmeni again has the highest AAP at €21.1/sqm, while the most affordable areas are Agios Stefanos, Agia Varvara, Kamatero, Piraeus, and Spata. Notably, the areas with the largest annual increases in sale prices include Lykovrysi and Drosia, both recording rises above 25%, while in rents, Glyka Nera, Piraeus, and Acharnes stand out.
