South Athens and City Centre Lead Greece’s Housing Demand

South Athens and the city centre dominate Greece’s housing market, capturing nearly 60% of demand as buyers focus on homes priced below 200,000 euros.

Athens’ southern suburbs and the city centre remain the most sought-after areas for homebuyers in Greece, together accounting for nearly 60% of total demand, according to new data from Uniko.

The findings are based on an analysis of 4,679 property listings, 822 completed transactions and more than 1,000 discussions with homeowners. The southern suburbs attract 30% of buyer interest, while the city centre follows closely with 29%, underscoring the enduring appeal of locations that offer strong infrastructure, transport links, services and investment potential.

The northern suburbs rank third with 24% of demand, while interest drops significantly elsewhere. Western Athens accounts for 9%, with Piraeus, the eastern suburbs and the suburbs of Piraeus recording substantially lower levels of activity.

The study also highlights a growing mismatch between what buyers are seeking and what the market currently offers. Most prospective purchasers are looking for homes priced below 200,000 euros, yet supply in these segments remains limited.

Properties valued at up to 100,000 euros account for 30% of total demand, making this the category with the widest gap between buyer interest and available stock. Homes priced between 100,000 euros and 150,000 euros attract 22% of demand, while properties in the 150,000–200,000 euros range account for a further 17%. In total, nearly seven in ten buyers are searching for homes costing no more than 200,000 euros.

At the higher end of the market, demand is markedly lower. Only 6% of buyers are interested in properties priced between 300,000 euros and 400,000 euros, while homes above 400,000 euros attract 14% of demand.

The result is a two-speed housing market. Affordable properties targeting a broader audience are absorbed quickly, while a substantial inventory of higher-priced homes takes longer to find buyers.

According to Uniko CEO Christos Fouskoudis and CRO Giorgos Gkiokas, the market’s main challenge is not a lack of demand but a mismatch between buyer preferences and available supply, particularly in categories below 200,000 euros.

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