Metro Expansion Drives Property Boom Across Athens

Construction of Metro Line 4 is proving particularly influential, reshuffling real estate demand in neighborhoods it will serve, including Kypseli, Galatsi, and Exarchia.

Properties located near Metro stations across broader Athens region have increasingly become a sought-after investment asset, as improved accessibility transforms once overlooked neighborhoods into attractive hubs for residents and investors alike.

Several districts are experiencing a revival as transport connectivity improves, drawing the attention of buyers, renters, and investors. Rising demand is already shaping property prices, with many areas seeing appreciation even before new infrastructure projects are completed.

Construction of Metro Line 4 is proving particularly influential, reshuffling real estate demand in neighborhoods it will serve — including Kypseli, Galatsi, and Exarchia — where property values appear to have already factored in future gains.

Areas Gaining Momentum
Market experts note that municipalities located along planned Metro expansions are witnessing strong interest both in property purchases and rentals. Demand remains robust even in areas where projects are still at the study or early construction phase.

The first segment of Line 4, connecting Alsos Veikou to Goudi, is already under development and will add 15 new stations serving parts of Athens, Galatsi, Kaisariani, and Zografou.

Stations are planned at Alsos Veikou, Galatsi, Elikonos, Kypseli, Dikastiria, Exarchia, Akademia, Kolonaki, Kaisariani, Panepistimioupoli, Ilisia, Zografou, and Goudi — neighborhoods where demand from both buyers and renters is already intensifying, pushing prices upward.

Additional projects include the Evangelismos–New Government Park extension with new stops in Pangrati and Vyronas, as well as the future expansion from Alsos Veikou toward Petroupoli, adding stations in Nea Ionia, Nea Filadelfeia, Pyrgos Vasilissis, Ilion, and Petroupoli. Further north, the Marousi–Lykovrysi extension will serve Pefki and Lykovrysi.

Meanwhile, Line 2 is planned to extend from Anthoupoli toward Ilion, introducing stations in Palatiani, Ilion, and Agios Nikolaos, with longer-term plans including Kamatero, Zephyri, and Acharnes. A southern extension toward Glyfada is also under consideration, expanding the current Anthoupoli–Elliniko corridor.

Significantly, property prices in districts previously considered affordable have already begun to rise. Yet despite higher valuations, demand continues to grow, fueled by both Greek and foreign buyers, often with strong purchasing power.

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