The Greek property market is showing a clear split between the most expensive areas for real estate and the regions that are now delivering the fastest annual growth for investors. Recent analysis from international property consultancy Astons highlights the locations in Greece where property values are highest, as well as the areas with the strongest year-on-year price increases.
Astons reviewed average house prices per square metre across every major region in Greece. The results reveal where the most exclusive property markets are found, and where international buyers are paying a premium for location and lifestyle.
The southern suburbs of Athens lead the market with an average of €4,052 per square metre. This area is home to the famous Athens Riviera, which includes sought-after coastal districts such as Glyfada, Elliniko, Voula, and Vouliagmeni. These locations continue to attract wealthy domestic buyers as well as high-net-worth individuals from abroad.
Close behind are the Cyclades islands, where property averages €3,800 per square metre, followed by the northern districts of Athens at €3,296. The island of Lefkada, at €3,269, and Chania in Crete, at €2,750, round out the top five. These destinations combine natural beauty with high-end real estate, creating strong demand from both lifestyle buyers and investors.
While these premium markets dominate on price, Astons also identified regions with the fastest annual increases in value, offering investors the potential for high returns.
Kavala tops the list with a remarkable 36.3 percent rise in average property prices over the past year. Much of this demand has been driven by Turkish buyers and investors, thanks to its proximity to the Turkish border and its status as one of the closest large Greek cities to Turkey.
Lefkada follows with 22.3 percent growth, while Thesprotia and Chania each recorded 22.0 percent. Messinia completes the top growth destinations with a 21.4 percent increase. These areas are quickly emerging as investment hotspots, benefiting from both domestic and foreign interest.
The Role of the Golden Visa Program
A key factor supporting demand is Greece’s Golden Visa program. This initiative has been especially attractive for buyers seeking residency through investment. One popular route involves converting commercial properties into residential units, which can qualify investors with a minimum spend of €250,000. This option is helping bring more modern, high-quality housing to the market while giving investors a clear pathway to European residency.
According to Suzanna Uzakova, Senior Consultant for Residency and Citizenship Programs at Astons, the Greek market is appealing to both lifestyle buyers and those seeking strong investment growth. Coastal locations in Athens and the Cyclades continue to command premium prices, while up-and-coming areas like Kavala are seeing rapid appreciation due to rising foreign demand.
The mix of stable, prestigious markets and high-growth regions makes Greece one of the most attractive real estate destinations in Europe in 2025. With supportive investment programs and a diverse range of locations, it offers opportunities for both long-term capital appreciation and lifestyle enjoyment.
