According to a survey we conducted from our database, a general increase was observed in 2020 in the asking prices of houses for sale and rent in Athens and Thessaloniki, with only few exceptions.
Nationwide, the asking house prices rose by +3.3% for sales and +6.5% for rentals, while a significant reduction equal to more than 15%, was observed in a few areas of the territory.
More specifically, regarding the house sales in Attica, the asking prices rose to 81.2%, fell to 14.5% and remained stable in 4.3% of the areas. In Thessaloniki, the asking prices also rose to 82%, fell to 14% and remained stable in 4% of the areas. The highest price increases were recorded in Tavros, Attica (+32.3%), as well as Doxa (+31%) and Triandria in Thessaloniki (+30.7%).
Attica - Residential properties: Highest price increases
Area | Asking price €/sqm | Yearly change % |
Tavros | 1341.5 | 32.3% |
Kapandriti | 1406.3 | 18.5% |
Krioneri | 1571.4 | 17.9% |
Argyroupoli | 2300.0 | 17.8% |
Legrena | 2325.6 | 16.3% |
Petroupoli | 1592.6 | 15.8% |
Tabouria - Agia Sofia | 1008.9 | 15.3% |
Filothei | 3440.9 | 14.7% |
Megara | 1193.2 | 13.9% |
Gizi - Pedion Areos | 1400.0 | 12.6% |
Thessaloniki - Residential properties: Highest price increases
Area | Asking price €/sqm | Yearly change % |
Doxa | 1666.7 | 31.0% |
Triandria | 1306.7 | 30.7% |
Martiou | 1379.3 | 25.4% |
Kastra | 1321.4 | 24.4% |
Depo | 1422.2 | 24.3% |
Vizantio | 1750.0 | 22.5% |
Neapoli | 764.7 | 22.4% |
Menemeni | 786.7 | 21.9% |
Koufalia | 700.0 | 21.3% |
Dioikitirio | 1238.1 | 20.8% |
A significant drop of around -20% was recorded exceptionally in a few suburbs, such as Drapetsona, Attica (-20.8%) and Assiros, Thessaloniki (-19.4%).
Attica - Residential properties: Highest price decreases
Area | Asking price €/sqm | Yearly change % |
Drapetsona | 1100.0 | -20.8% |
Rodopoli | 1916.2 | -8.8% |
Nea Peramos (Megalo Pefko) | 900.0 | -6.6% |
Sounio | 2562.5 | -5.6% |
Palaia Fokaia | 1717.6 | -4.3% |
Markopoulo, Oropos | 1061.2 | -3.7% |
Lavrio | 1500.0 | -3.6% |
Elefsina | 925.9 | -3.2% |
Kolonos - Kolokynthous | 1090.9 | -3.0% |
Moschato | 1753.0 | -2.9% |
Thessaloniki - Residential properties: Highest price decreases
Area | Asking price €/sqm | Yearly change % |
Assiros | 555.6 | -19.4% |
Lachanas | 371.2 | -15.9% |
Chalkidona | 750.0 | -8.6% |
40 Ekklisies | 1445.8 | -3.6% |
Vasilika | 842.1 | -1.8% |
Limani - FIX area | 1200.0 | -1.6% |
Agios Pavlos | 1050.1 | -1.2% |
Based on the latest data resulting from the prices listed in the published listings of Spitogatos, the highest requested selling prices per square meter in Attica are observed in Filothei (3,440€), Sounio (2,562€), Legrena (2,325€), Argyroupoli (2,300€) and Vizantio (1,750€), Doxa (1,666€), 40 Ekklisies (€ 1,445) and Depo (1,422€) in Thessaloniki. Respectively, the lowest selling prices in Attica are noted in Nea Peramo (Megalo Pefko) (900€) and Elefsina (925€), and in Thessaloniki in Lachanas (371€) and Assiros (555€).
The market for rental houses also presents an interesting trend, where the asking rental prices in Attica increased to 71.8%, decreased to 23.9% and remained stable in 4.3% of the areas, while in Thessaloniki they increased to 86.8% , decreased to 7.9% and remained stable in 5.3% of the regions. Specifically, in Attica, the increase exceeded 20% in many suburbs, such as in Sounio (+34%), Agioi Anargyroi (+24.8%), Nea Philadelfia (+21.6%), Tavros (+20.8%) and Lykovrysi (+20%). Respectively in Thessaloniki, in the area of Sfageia-Ichthyoskala, the maximum increase over 20% is observed, while a significant rise in prices is recorded in many other suburbs such as Polichni (+16.7%), Vizantio (+14.6%) and Filiro (+14.5%).
Attica - Residential properties: Highest price increases
Area | Asking price €/sqm | Yearly change % |
Sounio | 10.32 | 34.1% |
Agioi Anargyroi | 5.58 | 24.8% |
Nea Philadelfia | 7.06 | 21.6% |
Tavros | 7.4 | 20.8% |
Lykovrisi | 8 | 20.0% |
Aigaleo | 7.92 | 18.8% |
Perama | 5.66 | 18.3% |
Glika Nera | 6.72 | 16.9% |
Kaminia - Palaia Kokkinia | 6.52 | 16.2% |
7.08 | 15.9% |
Thessaloniki - Residential properties: Highest price increases
Area | Asking price €/sqm | Yearly change % |
Sfageia - Ichtyoskala | 8.41 | 20.1% |
Polichni | 5 | 16.7% |
Vizantio | 6.18 | 14.6% |
Filiro | 3.82 | 14.5% |
Chortiatis | 3.72 | 11.6% |
Pefka | 4.9 | 11.5% |
Vardaris - Lachanokipoi | 7.5 | 11.1% |
Efkarpia | 4.44 | 11.1% |
Neapoli | 5.56 | 11.1% |
| Nea Michaniona | 4.93 | 9.6% |
Based on the data obtained from Spitogatos research, among the few areas in which there was a decrease in rental prices compared to 2019 are some areas near the center of Athens, such as the Historic Center (-6.9%), Petralona (-7.6%), the area of Mets-Kallimarmaro (-9%) and Kaisariani (-11.9%), while in Thessaloniki, a significant reduction in property rental prices is observed only in Angelochori (-8.7%) and Kifissia (-4.4%).
Attica - Residential properties: Highest price decreases
Area | Asking price €/sqm | Yearly change % |
Drapetsona | 6.57 | -18.9% |
Palaia Fokaia | 6.34 | -17.6% |
Elliniko | 12.5 | -15.6% |
Kaisariani | 8.18 | -11.9% |
Neo Faliro | 7 | -10.0% |
Mets - Kallimarmaro | 11.03 | -9.0% |
Alimos | 10.14 | -9.0% |
Petralona | 8.63 | -7.6% |
Historic Center | 12.22 | -6.9% |
Poligono - Tourkovounia | 7.07 | -5.3% |
Thessaloniki - Residential properties: Highest price decreases
Area | Asking price €/sqm | Yearly change % |
Aggelochori | 5.11 | -8.7% |
Kifissia | 5.95 | -4.4% |
Votsi | 6.32 | -1.3% |
Migdonia | 2.92 | -0.4% |
Vasilika | 3.5 | -0.3% |
Finally, the highest asking rental prices per square meter are still noted in the Historic Center (12.22€), Mets-Kallimarmaro (11.03€), Sounio (10.32€) and Alimos (10.14€), while the areas of Attica with the lowest rents, according to the latest data occurring from the published listings of Spitogatos are Agioi Anargyroi (5.58€), Perama (5.66€), Palaia Fokaia (6.34€) and Kaminia (6,52€). In Thessaloniki, the areas with the highest rentals are Sfageia-Ichthyoskala (8.41€), Vardaris (7.5€) and Vizantio (6.8€), while the areas with the lowest rentals are Migdonia (2.92€), Vasilika (3.5€) and Chortiatis (3.72€).
Spitogatos team
