Astons examined current average house prices per square metre across each area of Greece to identify the country’s most exclusive pockets of the property market, before also looking at the annual rate of growth seen in values to highlight which areas present the most promising opportunities for current investors.
The research shows that Athens’ southern suburbs (South Athens) sit at the top of the table, with the area commanding 4,052 euros per sqm, and being driven by desirable Athens Riviera coastal locations such as Glyfada, Elliniko, Voula, and Vouliagmeni.
South Athens is closely followed by the Cyclades islands at 3,800 euros, and Athens’ northern districts (North Athens) at 3,296 euros.
Lefkada (3,269 euros) and Chania (2,750 euros) complete the top five, each offering a blend of natural beauty and high-end real estate that continues to attract affluent domestic and international buyers.
While these markets represent the most expensive in the current Greek property market, Astons’ research also highlights the regions currently delivering the most attractive growth for investors.
Kavala leads the way with an annual increase of 36.3%, largely driven by increased interest from Turkish buyers and investors, due to the fact that it’s one of the closest large urban cities to Turkey.
Kavala is followed by Lefkada (22.3%), Thesprotia and Chania (both 22.0%), and Messinia (21.4%), where property values have also increased at some of the largest rates of all Greek markets.
These areas are emerging as high-potential investment destinations, with strong upward momentum in property values.
Astons notes that the Golden Visa program continues to play a significant role in stimulating positive market sentiment, particularly since commercial-to-residential conversions are seen as an affordable option within the qualifying routes. This pathway is not only helping investors secure residency from 250,000 euros but is also contributing to the creation of high-quality housing stock, as former commercial spaces are redeveloped to modern residential standards.
Suzanna Uzakova, Senior Consultant for Residency and Citizenship Programs at Astons, commented: “The Greek property market is increasingly appealing to both lifestyle buyers and investors. Prime areas such as Athens’ southern suburbs, particularly popular coastal locations such as Glyfada, and islands such as those found in the Cyclades continue to command premium prices, while locations like Kavala are showing remarkable growth, driven by increased foreign investment.
The Golden Visa program remains a key driver of this demand, especially with the commercial-to-residential route enabling the delivery of newly renovated, high-standard homes to market. This combination of prestige and growth makes Greece one of the most compelling real estate destinations in Europe right now.”
* Average property price per square metre and annual change sourced from Spitogatos (Q2 2025)
Tags: Athens, Greece, Suzanna Uzakova, Astons
