Annual 3.7% house price rise

Annual 3.7% house price rise

Asking prices for property are up 3.7% year-on-year across Greece, according to the Spitogatos Property Index (SPI), and have reached 1,244 euros per square meter, while the average rental rate posted a marginal drop of 0.8%, to €6.8/sq.m.

SPI data showed that the biggest rise in sale prices was in the northwestern town of Grevena, by 24% in March 2021 compared to a year earlier, while those on the Northern Sporades (Skiathos, Skopelos, Alonnisos and Skyros) have seen a 10.3% yearly drop. In rental terms, Lesvos witnessed the greatest increase (25%) and Ilia the steepest fall (18.2%).

In the center of Athens, asking prices posted 0.7% growth, while rental rates slumped 7%. In the northern suburbs, the average asking price was up 6.4% and rental rates saw a 6.1% increase. Across the southern suburbs asking prices advanced 6.4% although rents went down 5.7%. The capital’s western suburbs saw rents jump 12.7% and a 6.3% ascent in prices. Prices in the eastern suburbs of the capital rose 4.2% and rents 4.1%.

Across Attica’s islands, sale prices slumped 9.1% but rental rates jumped 24.4%, Spitogatos reported.


Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.