Why buyers look to Greece
Greece brings together a long coastline, a mature tourism economy and property prices that still sit below much of the eurozone. Athens carries year round rental demand, while the islands and the mainland coast live off the summer season. The snapshot below is the national picture: what a square metre sells for, what it rents for, and the yield between the two.
National snapshot
Avg. price / sqm
€1,793
Avg. rent / sqm
€8
Avg. yield
6.34%
Source: Spitogatos SPI (opens in a new tab) · Q3 2026
Buying here as a foreign national
A foreign buyer can purchase property in Greece with no special permit outside a small number of border and island zones. The purchase runs through a Greek tax number, a local bank account and a notary, and a lawyer checks the title before any money moves. Everything is priced in euro, so the rate you convert at and the rate you borrow at both change what the property costs you. Both are below.
Mortgage rates
Greece
3.30%
Euro area
3.60%
ECB policy rate
2.50%
Live Greek mortgage rate from the ECB, as of August 2026.
Prices rose 80% since 2017 and 5.5% in the past year.Index (2011 = 10,000)
Greece is not one market
A national average hides the thing that decides a purchase. Central Athens rents all year to tenants and to visitors, the northern suburbs sell on schools and space, and an island address lives on a season that runs a few months. The table below splits the same figures by area, so the gap between them is visible rather than averaged away.
All areas
| Thessaloniki - Ypol. Nomoy | €1,227 | +15.7% | €6 | 5.44% |
|---|---|---|---|---|
| N. Prevezas | €2,045 | +11.6% | €8 | 4.4% |
| N. Larisas | €1,389 | +11.1% | €9 | 7.73% |
| Thessaloniki - Perif/koi Dimoi | €2,140 | +10.2% | €8 | 4.61% |
| Nisia Argosaronikoy | €2,440 | +10.2% | €8 | 4.02% |
| Thesprotia | €1,846 | +9.9% | €8 | 4.88% |
| N. Lesvou | €1,167 | +9.8% | €7 | 7.2% |
| N. Rethymnou | €2,243 | +9.4% | €10 | 5.35% |
| Evros | €1,823 | +9.1% | €9 | 5.69% |
| Athina - Anatolika Proastia | €2,520 | +8.8% | €10 | 4.61% |
| N. Kastorias | €577 | +8.8% | €6 | 13.27% |
| N. Kerkyras | €2,472 | +8.8% | €10 | 4.85% |
| N. Kefalonias | €2,593 | +8.6% | €9 | 3.96% |
| N. Chanion | €3,125 | +8.6% | €11 | 4.08% |
| Voiotia | €1,410 | +8.5% | €6 | 5.5% |
Source: Spitogatos SPI (opens in a new tab) · Q3 2026
Browse by region
Sources and methodology
Every market figure on this page comes from one of the sources below. They describe the market around a property, not the price of any one unit.
- Spitogatos SPI (opens in a new tab)
Asking sale prices and asking rents per square meter, from listings on Greece's largest property portal. Gross yield is a year's asking rent over the asking price, before taxes, upkeep and vacancy.
Updates: quarterly
- European Central Bank (opens in a new tab)
The euro reference exchange rates the ECB publishes each working day. For display only, not a rate you can exchange at.
Updates: every working day
- European Central Bank (opens in a new tab)
The average rate Greek banks charge on new home loans, next to the euro area average and the ECB policy rate.
Updates: monthly
Other markets
Numbers first. Feelings after.
Prices, yields and rents on this page come from asking prices in listings for each area, not from an estimate written to sound good.