Greece Shows a Double-Digit Annual Increase of Apartment Prices
November 30, 2022
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Apartment prices in the country increased by 11.2% year-on-year in the third quarter of 2022.
According to the Central Bank of Greece, apartment prices in the country increased by 11.2% (excluding inflation) year-on-year in the third quarter of 2022. For comparison, the annual price growth in the second quarter was 9.8%, and 10.1% in the first quarter. In 2021, apartments in Greece have risen in price by 7.6%.
Types of apartments. In the third quarter of 2022, the year-on-year price growth rate for new apartments was 12.2% (up to 5 years old) and 10.5% for old apartments (over 5 years old).
According to updated data, prices for new apartments increased by 10.9% and 11.0% year-on-year, respectively, in the first and second quarter of 2022, while prices for old apartments increased by 9.0% and 9.5%. In 2021, the average annual growth rates of prices for new and old apartments amounted to 8.1% and 7.2%, respectively.
Regions. By region, in the third quarter of 2022, apartment prices increased year-on-year by 13.0% in Athens, 11.1% in Thessaloniki, 9.4% in other cities and 8.9% in other areas of Greece.
According to the revised data, in the first and second quarter of 2022, apartment prices increased year-on-year by 11.3% and 11.8% in Athens, 9.6% and 10.8% in Thessaloniki, 9.3% and 9.5% in other cities and 6.9% in other areas of Greece, respectively. In general, in 2021, prices increased by an average of 9.7%, 7.4%, 5.8% and 4.8%, respectively, in the above areas.
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400 000 €
Villa in Rethymno, Greece
234 sq.m532
Residence
For sale 3-storey villa with an area of 234 sq.m on the island of Crete. The ground floor consists of a living room, one shower room. The first floor consists of a living room with a kitchen, one shower room. The second floor consists of 3 bedrooms, a Jacuzzi. The windows overlook the sea. The facility has solar panels for water heating,...
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240 000 €
House in Pieria, Greece
320 sq.m421
For sale a 2-storey cottage with an area of 320 sq.m on the Olympic Riviera under construction. The first floor consists of one bedroom, a living room with a kitchen, one bathroom. The second floor consists of one bedroom, a living room with a kitchen, one shower room. The Windows offer a magnificent view of the sea, the forest. The property...
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370 000 €
Cottage in Kassandra, Greece
160 sq.m533
ResidenceRemote TransactionRental property
For sale a 2-storey furnished maisonette of 105 m² and autonomous apartment of 55 m² on a plot of 1.300 m².
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Maisonette in Loutraki, Greece
70 sq.m322
Online ViewingRemote Transaction
- Townhouse 70 sq.m with a plot of 700 sq.m with a beautiful view of the sea and mountains!
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REAL ESTATE SIDERIS
200 000 €
Townhouse in Kassandra, Greece
80 sq.m321
Remote Transaction
For sale under construction a 2-storey maisonette of 80 m² with a plot of 20 m².
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Maisonette in Chalkidiki, Greece
120 sq.m432
Residence
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520 000 €
House on Ionian Islands, Greece
130 sq.m
Residence
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310 000 €
Flat in Athens, Greece
88 sq.m3
Residence
For sale apartment of 88rs in Athens. The apartment is situated on the . Flat has interior layout.
Mercury Group
870 000 €
Townhouse in Athens, Greece
190 sq.m1
Residence
For sale maisonette of 190rs in Athens. The maisonette has one level. There is a fireplace, air conditioning and heating. The owners will be leaving the furniture with the sale.
Mercury Group
650 000 €
House on Ionian Islands, Greece
270 sq.m53
Residence
For sale 3-storey house of 270rs in Thessaloniki. The semi-basement consists of 2 bedrooms, living room with kitchen, one bathroom. The ground floor consists of living room with kitchen, one bathroom. The first floor consists of 3 bedrooms, one bathroom. A view of the mountain, the forest opens up from the windows. There is a fireplace and...
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300 000 €
House in Thessaloniki, Greece
285 sq.m53
Residence
For sale 3-storey house of 285rs in the suburbs of Thessaloniki. The semi-basement consists of one bedroom, one kitchen, one shower WC. The ground floor consists of living room, one kitchen, one shower WC. The first floor consists of 4 bedrooms, one bathroom. A magnificent view of the sea, the mountain, the forest opens up from the windows....
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135 000 €
Flat in Thessaloniki, Greece
45 sq.m211
Apartment for sale with an area of 45 sq. m in Thessaloniki. The apartment is located on the second floor and consists of one bedroom, a living room with a kitchen, one shower room. The apartment has a corner location. The windows offer views of the city. The facility has heating. The property is sold furnished. There is an elevator in the...
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300 000 €
Flat in Thessaloniki, Greece
70 sq.m2
Residence
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300 000 €
House in Chalkidiki, Greece
100 sq.m321
Residence
For sale 1-storey cottage with an area of 100 sq.m in Halkidiki. The cottage consists of 2 bedrooms, a living room with a kitchen, one shower room. The object has a fireplace, air conditioning. The property is sold furnished. The property includes a parking space.
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265 000 €
Flat in Corfu, Greece
100 sq.m4
Residence
Apartment for sale with an area of 100 sq.m on the island of Corfu. The apartment is located on the floor and consists of Windows overlooking the mountains, the city. The property has a fireplace, air conditioning, heating. The property is sold furnished. The property includes a parking space, a garden.
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145 000 €
Maisonette in Pieria, Greece
76 sq.m321
Apartment for sale with an area of 76 sq.m on the Olympic Riviera. The apartment is located on the third floor and consists of 2 bedrooms, a living room with a kitchen, one bathroom. The windows offer a magnificent view of the sea, the mountains. The facility has solar panels for water heating, air conditioning, heating. The property is sold...
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House in Loutraki, Greece
133 sq.m431
Online ViewingRemote Transaction
- Kalamaki area of Isthmia
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500 000 €
Townhouse in Athens, Greece
100 sq.m321
Residence
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Flat in Thessaloniki, Greece
71 sq.m321
Residence
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Flat in Chalkidiki, Greece
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