Property Prices in Athens Surging

Potential buyers are uncovering it progressively hard to get a recently built spot located successful fashionable areas successful Athens owed to soaring prices, according to Geoaxis Property & Valuations Services.

The investigation indicates that successful Q3 of 2025, costs continued to emergence successful areas such arsenic Ampelokipoi, Palaio Faliro, Peristeri, and Cholargos, with an accrued trajectory compared to the aforesaid play past year.

For recently built apartments, prices recorded an yearly summation of 6.07%, while resale properties roseate by 6.65%. However, during the aforesaid play past year, the yearly alteration successful caller lodging prices was 8.5% (and 15.11% implicit the 2023–2025 two-year period), while the summation for resale properties was 7.8% (and 15% implicit two years).

According to information from Geoaxis, residential spot prices person surged dramatically implicit the past decade. Between 2016 and 2025, the mean terms of recently built homes successful the areas the steadfast monitors has astir doubled, up by 100%.

The emergence of the hybrid work model, where employees work from location 1–2 days a week, is influencing the existent property market.

Among the regions surveyed, Marousi saw the largest summation successful caller operation prices, 109%, with the mean terms per square metre rising from €1,833/sq.m. successful 2016 to €3,825/sq.m. successful Q3 2025.

This means that a 100 sq m. caller flat that outgo €180,000–€200,000 successful 2016 present costs €380,000. This crisp emergence reflects not lone soaring operation costs but besides rising onshore prices successful 1 of the astir sought-after bluish suburbs of Athens.

Significant increases successful caller location prices person besides been recorded in:
Palaio Faliro: +104%, Peristeri: +101%, Ampelokipoi: +99%.

During the past year specifically, Palaio Faliro saw the biggest yearly increase, up 8% to €4,013/sq.m, with the astir costly country being Cholargos, with an mean terms of €4,443/sq.m (+4.12%).

These figures underscore the continued upward trajectory of lodging prices successful Athens, driven by operation costs, onshore scarcity, and changing work patterns.

Source: tovima.com