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GrekodomThe aggregator offers more than 119 options with current apartment prices in Athens. Buyers can choose projects on the secondary market and new buildings from reliable developers. Go to the catalogue and use the filters to sort the property by the desired parameters.
- The minimum price is EUR 250000.
- The highest cost of an apartment in Athens is EUR 5.8 million.
| Bedrooms | Minimum price (in EUR) | Maximum price (in EUR) |
|---|---|---|
| Studio | 50,000 | 105,000 |
| One bedroom | 45,000 | 2,1 million |
| Two bedrooms | 60,000 | 1,2 million |
| Three bedrooms | 71,000 | 2,3 million |
| Four bedrooms | 89,000 | 3 million |
| Five bedrooms | 180,000 | 5,8 million |
- The minimum floor area is 40 m²
- The largest area is 375 m²
Foreigners can become residents of Greece if they buy a residential or commercial property for EUR 250,000 or more. This price is valid until 31 August 2024, after which it will be raised to a minimum of EUR 400,000. The residence permit is issued to the owner of the property and their family members. The visa is valid for five years, after which it can be repeatedly prolonged.
Apartments for sale in Athens
The capital of the republic offers a large selection of apartments, which are popular among future residents and investors. Demand is high because Athens is a significant economic, political and cultural centre of Europe, where infrastructure and entertainment are well developed. There are many museums, orthodox churches, restaurants serving local cuisine and historical monuments. You can reach the nearest beaches and marinas in no more than 20 minutes from the centre. Thanks to all this, the city is chosen as a permanent residence and a location for cultural and resort vacations.
Apartments in Greece are most popular in the larger cities. They often have one or more bedrooms, a kitchen, a living room, a bathroom and a balcony. Some apartments are for sale with furniture, appliances and air conditioning. The capital boasts small studios and spacious penthouses occupying the upper floors of the buildings. There are also split-level maisonettes for sale, with separate entrances and parking lots.
Most of the housing is in the secondary market. At the same time, it is possible to buy apartments and flats in Athens in projects under construction. Among them is the Allure Business Condos complex, supplemented with underground parking, a swimming pool and a children's playground. Some modern buildings also have CCTV, sports areas and barbecue areas.
The capital has a wide range of properties in different neighbourhoods and suburbs. The highest cost of an apartment for sale in Athens is fixed in the locations of Kolonaki, Monastiraki, Plaka, Anafiotika, Vouliagmeni and Kropia, as they are located near world-famous attractions or the coast. More affordable accommodation can be found on the outskirts or in suburbs like Piraeus.
Reasons for investing in an apartment in Athens
Greece offers a variety of property options with different prices, configurations and locations. The growing economy, warm climate, tourist activity and business opportunities also influence the Republic's demand from investors. The cost of property in Greece is gradually increasing, especially in major cities: over the year, by the second quarter of 2023, prices in the capital increased by 14%.
The country is popular with foreign investors, as indicated by the share of purchases by this category of buyers — over 80% in the first half of 2023. The total value of transactions increased by 39.9% and foreign direct investment reached EUR 1.1 billion. The state golden visa program has become an incentive to invest in Greece. A residence permit holder is offered the following privileges: moving to the Republic with family and visa-free travel to Schengen countries.
Buying apartments in Athens for investment is profitable for the long term if the owners decide to rent them out. Athens is a famous tourist centre where many travellers vacation to enjoy the history, architecture and local cuisine. 2023 was a record year for visits to the capital, with Eleftherios Venizelos International Airport welcoming over 7 million non-residents. In addition, the city is becoming more popular for relocating local and foreign professionals, students and businesspeople looking for long-term investments in real estate.
Rental prices for apartments vary depending on the neighbourhood. More expensive properties are located near the historical centre and in the suburbs with luxurious recreational areas. Apartments with one bedroom are more profitable – from 5.5 to 8% in different regions of the capital.
Potential buyers can choose housing under construction, which costs less than already completed complexes. One of the most highly anticipated projects is the redevelopment of Ellinikon Airport into an exclusive community with apartments, retail and sports areas, casinos, beaches and promenade boulevards. This complex will be a prestigious option for owning property and renting to guests.
Buying an apartment in Athens
On the Global Properties website offers numerous flats for sale in Athens from proven developers and real estate agencies. The catalogue includes apartments and villas in Greece. Ads are received directly from sellers. Use the search filters to help you choose housing by price, area, number of bedrooms and location. The built-in converter allows you to convert the amount in different currencies quickly.