Greece House Prices, Rents & Rental Yields (2026)
How much property costs in Greece, what it rents for and how that compares with neighbouring markets in Southern Europe. City-centre prices per m² rank 5 of 10 in this comparison; gross yields rank 6 of 9.
- Apartment price per m² (city centre)
- $2,918
- 2023
- Apartment price per m² (outside centre)
- $2,511
- 2023
- Gross rental yield (city centre)
- 3.9%
- 2024
- Price-to-income ratio
- 13.6
- 2024
- Rent: 1-bedroom, city centre
- $650/mo
- 2024
- Mortgage interest rate (20-year fixed)
- 4.6%
- 2023
Price and rent trends in Greece
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $2,918 | 2023 | +25.2% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $2,511 | 2023 | +19.9% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 13.6 | 2024 | +18.3% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 3.9% | 2024 | -0.4 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 25.5 | 2024 | +10.4% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $650/mo | 2024 | +25.6% vs 2023 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $447/mo | 2023 | +11.0% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $914/mo | 2023 | +11.2% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $797/mo | 2023 | +9.2% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 4.6% | 2023 | +0.5 pp vs 2022 | Numbeo |
| Home ownership rateShare of owner-occupied dwellings | 69.6% | 2024 | ±0.0 pp vs 2023 | Trading Economics |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) | Home ownership rate |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 13.6 | 3.9% | 25.5 | $650/mo | — | — | — | — | 69.6% |
| 2023 | $2,918 | $2,511 | 11.5 | 4.3% | 23.1 | $518/mo | $447/mo | $914/mo | $797/mo | 4.6% | 69.6% |
| 2022 | $2,331 | $2,093 | 10.1 | 4.5% | 22.1 | $469/mo | $403/mo | $822/mo | $730/mo | 4.2% | 72.8% |
| 2021 | $2,118 | $1,821 | 10.1 | 4.5% | 22.4 | $480/mo | $406/mo | $830/mo | $714/mo | 4.1% | 73.3% |
| 2020 | $1,887 | $1,716 | 10.6 | 4.2% | 23.7 | $417/mo | $350/mo | $720/mo | $614/mo | 4.4% | 73.9% |
| 2019 | $1,995 | $1,723 | 9.8 | 4.3% | 23.4 | $395/mo | $339/mo | $681/mo | $594/mo | 4.8% | 75.4% |
| 2018 | $1,736 | $1,642 | 9.5 | 4.0% | 25 | $357/mo | $314/mo | $596/mo | $552/mo | 5.0% | 73.5% |
| 2017 | $1,672 | $1,514 | 8.3 | 4.1% | 24.1 | $321/mo | $288/mo | $546/mo | $529/mo | 4.6% | 73.3% |
Greece compared with Southern Europe
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Greece | $2,918 | 3.9% | 13.6 | 4.6% |
| Albania | $2,304 | 4.8% | 14.1 | 5.4% |
| Bosnia and Herzegovina | $2,094 | 2.6% | 12.5 | 3.8% |
| Croatia | $4,018 | 3.3% | 13.4 | 3.8% |
| Italy | $4,911 | 4.2% | 10.7 | 4.2% |
| Kosovo | $1,677 | — | — | — |
| Malta | $3,806 | 5.3% | 11.4 | 5.0% |
| Montenegro | $2,343 | 6.3% | 12.3 | 6.5% |
| North Macedonia | $1,789 | 3.4% | 14.8 | 5.5% |
| Portugal | $3,523 | 6.4% | 12.6 | 3.8% |
Related
- Properties for sale in Greece (7,474)
- Mortgages in Greece for foreigners
- Greece market overview
- Tax rates in Greece
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.