Discover Athens Real Estate | Where and Why to Invest in Athens?

Athens is the capital of Greece and an iconic European city. Home to around 700,000 people, it is a city of rich history. Having faced a financial crisis in the past decade, Athens is now recovering.

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The economy is on the upward trend, due to the policies introduced by the government
Making a big part of Greece’s economy, Athens is undergoing positive changes
Being an ever-popular tourist destination, the hospitality sector is one of the key economic pillars.
The real estate market is reviving, alongside the improving economy
Having fallen by 40% during the past decade, the market registered a 9.4% growth in 2019
Today, average apartment price in Athens ranges from €1,940 to €2,055/sqm
While prices are increasing at a slow rate, the city is a good destination for long-term investments
With low housing prices, Athens is ideal for first-time investors
As an affordable city with plenty of historical sites, the Greek capital has a stable rental market
Depending on the location, apartment rents range from €350 to €730/month
Short-term rentals are in demand, providing good ROI for investors

Kerameikos – A neighborhood located close to the Acropolis. Rental properties cost €500 to €800/month on average, attracting families and tourists

Kypseli – A densely populated area ideal for foreign visitors. Old apartments in this area cost €250/sqm, while renovated residences sell at €500/sqm

Psirri – A neighborhood located in the heart of Athens. Properties are on the expensive side, with prices starting at €900/sqm

The slow but consistent rise in prices
Combined with current affordability
make Athens a BUY

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Видео Discover Athens Real Estate | Where and Why to Invest in Athens? канала TikTak Houses