The average price to buy a house in Greece is $492,000 in 2024, while the average price for an apartment is $196,800. The asking price per square foot for buying real estate in Greece is $246.
Greek real estate has appreciated significantly in recent years, seeing record-high prices in 2024, as the country’s economy is regaining strength and demand for real estate is fueled by both Greek buyers and foreign buyers motivated by Greece’s golden visa program.
As of 2024, Greek property costs more than Italian real estate or Spanish real estate. Meanwhile, house prices in Greece are more affordable than home prices in Portugal or French property prices.
In euros, the average price per square meter to buy property in Greece is €2,408, bringing the price for an average-size house to €481,600 and the price for an average apartment to €180,600.
House and apartment prices in US dollars in Greece’s major regions
The most expensive region to buy a home in Greece are the Aegean Islands, which include many popular islands like Mykonos and Santorini. The average price of a 2,000-sqft house in the Aegean Islands is $614,000 while an 800-sqft apartment sells for around $245,600.
The second most expensive region to buy property in Greece is Attica, which includes the metropolitan area of Athens. The average asking price of a home here is $588,000, or $294 per square foot.
Properties in the beautiful Ionian Islands are the third most expensive in Greece. The average price of a 2,000-square-foot house here is $462,000, or $231 per square foot. An 800-square-foot apartment costs on average $184,800.
House and apartment prices in Euro in Greece's major regions
Property in the Aegean Islands is the most expensive out of all Greek regions, going for €3,008 per square meter in 2024. For instance, a 200-square-meter home costs on average €601,600 and a 75-sqm apartment costs on average €225,600.
The high prices are driven by the islands' fame as a haven for vacation homes, especially among foreigners, including many celebrities who own property in Greece.
The second priciest property can be found in the region of Attica, where the capital of Athens is located. Here, an average-sized house costs €575,200 and an average size apartment of 75 square meters costs €215,700. This is based on a price per square meter of €2,876.
Thessaly is the most affordable region of Greece to buy real estate, at €1,210 per sqm. This translates into €90,800 for an average apartment and €246,600 for an average house.
House and apartment prices in US dollars in Greece by city
Looking at house prices in Greece at the city level, the most expensive area to buy property in Greece is Mykonos, where the average price is $751 per square foot. In other words, the asking price for a 800-sqft apartment is $600,800, and the price for a 2,000 square foot house in Mykonos is around $1.5 million.
A house in Athens costs on average $962,000, with an average cost per square foot of $481, with higher prices in the capital's most affluent neighborhoods. Apartments sell on average for $384,800 in Athens.
Thessaloniki real estate is more affordable than Athens real estate, with the average price for a house around $530,000. In Heraklion the average price is $580,000, in Kalamata $408,000.
House and apartment prices in Euros in Greece by province
Greece is a friendly country with great weather and a popular destination for buying property abroad. As a consequence, prices have been constantly increasing over the past few years as more and more foreigners are investing in Greek real estate.
The average price per square meter for a house in the country's capital is €4,705. This comes to €941,000 for a 200-sqm house, while an average apartment costs €352,900.
Check the table below to find how much it costs to buy a house in the top 100 largest cities in Greece:
Methodology:
- When using or citing this data, please give credit to My Dolce Casa by linking to this report
- Home price data source: Indomio valid as of the date of this report
- Original prices published in euros per square meter
- Euros converted to U.S. dollars at an exchange rate valid as of the date of this report
- Square meters converted to square feet
- The average price of a house refers to a 2,000-square-foot home and a 200-square-meter home
- The average price of an apartment refers to an 800-square-foot apartment and a 75-square-meter apartment
