Expat Housing Guide: Moving to Athens

Athens' housing market has become increasingly competitive in recent years, with prices steadily rising since 2017 after a long period of decline during the economic crisis. The market is characterized by a mix of older neoclassical buildings, mid-century apartment blocks (polykatoikies), and newer luxury developments. Short-term rentals for tourism have reduced long-term rental availability in central areas, creating pressure on prices. The Golden Visa program, which offers residency to non-EU investors purchasing property worth €250,000 or more, has attracted significant international investment, particularly from Chinese, Turkish, and Middle Eastern buyers. Post-pandemic, there's been increased demand for properties with outdoor space and in less densely populated areas, though central Athens remains highly sought after.