Property Prices up in Greece in Q2, 2025

The mean outgo of spot prices successful Greece recorded a 7.3% emergence successful Q2 2025, compared to the aforesaid play successful 2024, according to available preliminary information released by the Bank of Greece (BoG).

Apartment prices accrued connected mean by 9% annually successful 2024 (revised data), against a 13.9% emergence successful 2023, the Bank of Greece said.

Based connected revised data, the mean spot terms summation for caller apartments stood astatine 10.2% successful 2024, successful examination to a 12.9% maturation complaint successful 2023. The yearly complaint of outgo summation for aged apartments was 8.2% successful 2024 and 14.3% successful 2023.

The surge successful medium-term rentals (Airbnb) is estimated to person constricted spot availability, pushing rent prices upward.

The information showed crisp increases successful large cities similar Athens and Thessaloniki.

In particular, prices were up 5.9% year-on-year successful Athens, 8.8% successful Thessaloniki, 8.5% successful different ample cities, and 8.8% successful the remainder of the country.

For 2024 arsenic a whole, revised figures showed increases of 8.5% successful Athens, 11.6% successful Thessaloniki, 7.5% successful different ample cities, and 10.7% successful different regions.

Across each municipality areas nationwide, flat prices roseate by an mean of 7.3% successful the 2nd 4th of 2025 compared with a year earlier. For 2024, the mean yearly summation was 8.7%, according to the revised data.

Source: tovima.com