Athens Property Market Brief

Piraeus area has changed drastically since China COSCO Group invested and held 67% of the equity of Piraeus Port since 2014.

Piraeus Port is now one of the top ten ports in Europe, and it is aimed to be the largest regional transportation hub. The success is not just reshaping the Piraeus Port but also attracting more investments to the area. It makes Piraeus area become one of the areas with the fastest appreciation in Athens.   

Considered the short distance to city center (only 20 minutes away via subway), multiple high-profiled upgrading projects and relatively low housing price comparing with Northern and Southern Athens , our Project One and Project Two are expected to give you great upside potential for your investment. 

North Athens is a traditional old wealthy area, the best green area in the city, and one of the wealthy areas in Greece. Staff of embassies of various countries, executives of Fortune 500, and local traditionally wealthy people generally live here. The northern part of Athens is one of the most livable areas because of its relatively good security, mountains and the highest green rate. Most of the international schools in Athens are located in this area. The living facilities are complete and it is very convenient for children to go to school. Housing prices in the North Athens area are generally higher, with the highest average price in the city.

The central business district of Athens, within a ten kilometers radius from the center of the Syntagma Square and the famous Acropolis attractions, is the most prosperous commercial area. Chinatown in the northwest corner, embassies and Fortune 500 offices in the northeast corner, and many renovated Airbnb apartments are located here. It is bustling and lively but a bit chaotic to the foreign investors, so you need to be careful when buying a house.   

Starting from the city center to the southeast, it takes ten minutes by car to reach the emerging wealthy area of ​​South Athens. This is the "new city" forged along the coast of Athens. The coast is full of private yacht marinas owned by government and private groups. The further south you go, the more expensive the house price is. The best golf courses in Athens, yacht clubs and other luxury entertainment facilities are located here.