Greece property prices
Short answer. In late 2025, the highest asking prices were in Mykonos (about 7,574 EUR per square meter) and the lowest in Thessaloniki (about about 2,400 EUR per square meter), a gap of about 216%. These are asking prices from the main portals, shown next to the official Bank of Greece sold-price trend. Source: Spitogatos and Indomio (asking prices), Bank of Greece (official trend), and a Prosperty study reported by Athens Times (the gap).
Cyclades, Greece
Asking price (Indomio, May 2025). The Bank of Greece index does not break out Mykonos, so there is no official per-island figure. Island prices are asking only and the prime coastal zones go well above this.
Asking price per sqm
EUR7,574 /sqm
up 5% over 12 months
Rising See homes in Mykonos See the price dataAs of May 2025
Attica, Greece
Asking price (Spitogatos, Attica average). Asking prices rose about 8 percent over the year, while the Bank of Greece official index for Athens rose 6.6 percent. Buyers typically pay several percent below asking, and the gap is wider for older homes.
Asking price per sqm
EURabout 3,200 /sqm
Official Bank of Greece index, Athens: +6.6% YoY (Q3 2025)
up 8% over 12 months
Rising See homes in Athens See the price dataAs of late 2025
Central Macedonia, Greece
Asking price (Spitogatos, city average). Asking prices rose about 12 percent over the year, the strongest of the big Greek cities, while the Bank of Greece official index for Thessaloniki rose 9.6 percent.
Asking price per sqm
EURabout 2,400 /sqm
Official Bank of Greece index, Thessaloniki: +9.6% YoY (Q3 2025)
up 12% over 12 months
Rising See homes in Thessaloniki See the price dataAs of late 2025
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| City | Asking (EUR/sqm) | Sold (EUR/sqm) | Change, 12 months | Trend |
|---|---|---|---|---|
| Mykonos | 7,574 | n/a | +5% | Rising |
| Athens | about 3,200 | n/a | +8% | Rising |
| Thessaloniki | about 2,400 | n/a | +12% | Rising |
Source: Spitogatos and Indomio (asking prices), Bank of Greece (official trend), and a Prosperty study reported by Athens Times (the gap). https://www.spitogatos.gr/en/property-index
There is no single official figure that compares asking prices to final sold prices across Greece, so the gap has to be pieced together from two sources: the Bank of Greece tracks actual transactions through bank valuations, and the portals track asking prices.
The clearest study, from the property firm Prosperty (reported by Athens Times in May 2025) for the Athens suburb of Glyfada, found older homes built before 1980 asking about 4,239 EUR per square meter but transferring at about 3,033, a gap near 28 percent. Newer homes from 2020 to 2023 asked about 5,539 and transferred at about 4,780, a gap near 14 percent. Older stock, which is most of the Greek market, carries the wider gap.
Portal estimates put the typical final discount tighter, around 6 to 7 percent in Athens, Thessaloniki, and the islands, but that likely measures only the cut from the last asking price, not the gap from the first. For older Greek homes the real gap is more often in the 10 to 20 percent range. The honest takeaway: do not read an asking price as a sold price, and budget a bigger discount on older property.
Greece is not in the Eurostat House Price Index. The official trend comes from the Bank of Greece apartment price index, built from bank valuations at mortgage stage covering actual transactions, which rose about 7.7 percent nationally over the year to Q3 2025. The per square meter figures here are asking prices from the main portals (Spitogatos and Indomio), clearly labeled, with the Bank of Greece official trend named alongside.
It depends on the home. Portal estimates suggest a typical final discount near 6 to 7 percent, but a study of Athens (Glyfada) found older homes transferring 14 to 28 percent below asking. Newer prime homes sell closer to their asking price.
No. The per square meter figures are asking prices from the portals. The official sold-price trend comes from the Bank of Greece index, which rose about 7.7 percent nationally over the year to Q3 2025, with Athens up 6.6 percent and Thessaloniki up 9.6 percent.
The Bank of Greece index reports regional aggregates, not individual islands, so there is no official per-island sold figure for Mykonos. The number shown is an asking price from the portals.
No. Greece is not covered by the Eurostat House Price Index. The authoritative Greek sources are the Bank of Greece for the official trend and the portals (Spitogatos, Indomio) for asking prices.
