The southern suburbs of Athens continue to hold the lead in price growth for housing And rent. Areas from Kallithea to Paleo Faliro And Piraeus are becoming the most sought after by Greeks and foreign investors, combining quality of life, coastal landscape and new infrastructure projects.
The average cost in Paleo Faliro exceeded 3,900 euros per m²and prices for apartments with sea views reach 15,000 euros per m².
Southern suburbs of Athens: the trend continues
Areas along the Attica coast are once again the focus of analysts’ attention. According to experts, the attractiveness of the southern suburbs of Athens is ensured by a combination coastal location, high level infrastructure And proximity to the city center. Demand remains strong and is forecast to grow over the next four years.
Realtor Marcos Lianos in an interview with ΟΤ, he emphasized: “The upward trend in prices in the southern suburbs will continue over the next three to four years. The quality of infrastructure, improvement projects and high standard of living create sustainable dynamics.”
Key growth factors include: creation of a new park ΑΕΝΑΟΝ in the Falirikos Bay area, modernization of the complex SEFdirect message by Singru Avenue with the center of Athens and a bicycle route from SEF to Voula.
Paleo Faliro: coastal leader
Average home sales price in the area Paleo Faliro in 2025 reached 3,900 euro/m²an increase compared to last year. In the Eden area prices exceed 4,200 euro/m²and in prestigious neighborhoods above Poseidon Avenue – reach 15,000 euro/m² for new apartments with sea views.
Investor interest is also growing in the zone along Leoforo Singru – between Eugenides And Amphiteas. If a metro station opens next to KPISN and the implementation of the ΑΕΝΑΟΝ park project, this area can become one of the most promising areas of the capital.
The average rent here is approx. 12 euro/m² per month, but for new houses it reaches 15 euro/m²and in premium properties – over 20 euro/m².
Kallithea: sustainable growth
In the next Kallithea The average housing price has increased to 2,800 euro/m². In the block Tzitzifies the cost reaches 3,100 euro/m²and on Filaretu hill – near 2,500 euro/m². Average rent — 10 euro/m² per month.
The area remains attractive due to its proximity to Singru and new office buildings, making it an alternative for those looking for accommodation close to the center but at more reasonable prices.
Piraeus: the investment capital of the sea
Down the coast, in Piraeusthe average cost per square meter is approx. 2,500 euroswhile in areas Castella And Pasalimani – much higher. Average rental rate — 10 euro/m² per month.
The growth in rental demand here is due to the development of tourism, the presence of universities and numerous urban renewal projects. Many buildings in the center and near the port have already been renovated or are in the process of being rebuilt, which is gradually changing the appearance of the city.
Market by the sea: the future under the sign of investment
The southern suburbs of Athens are becoming not just a popular place to live, but also strategic investment zone. According to analysts, the combination of tourism, modern infrastructure projects and strong demand for housing by the sea will ensure stable price growth in the coming years.
Paleo Faliro, Kallithea and Piraeus form a triangle in which the future of Athens real estate looks especially confident.
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