Greece Rental Yields-Athens yields are very low

Explore destinations

Home / Europe / Greece

Greece

Financial Overview

Find Property

Global Statistics

House Prices

Regional Statistics

30 per cent deposit paid by developer

on key-ready properties in Cyprus, plus mortgage holiday for one year

30 per cent fixed returns

with a defined exit while helping to mitigate climate change

Luxury sea-view villas in Turkey with free furniture

worth up to £8,500. Prices start from just £185,000

Overseas property problems?

We can provide you with a free viability report on your situation.

Aug 06, 2009

Athens yields are very low

			Last Updated: Aug. 6, 2009
ATHENS - CENTER APARTMENTS	COST (€)		YIELD (p.a.)	PRICE/SQ.M. (€)
ATHENS - CENTER APARTMENTS	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
60 sq. m.	343,680	782	2.73%	5,728	13.03
120 sq. m.	794,640	1,642	2.48%	6,622	13.68
ATHENS - SUBURB APARTMENTS
75sq. m.	257,400	811	3.78%	3,432	10.81
120 sq. m.	439,560	1,180	3.22%	3,663	9.83
200 sq. m.	855,600	2,130	2.99%	4,278	10.65
ATHENS - SUBURB HOUSES
150 sq. m.	607,350	1,367	2.70%	4,049	9.11
250 sq. m.	1,092,500	2,508	2.75%	4,370	10.03
350 sq. m.	1,290,450	3,665	3.41%	3,687	10.47
500 sq. m.	1,984,500	4,800	2.90%	3,969	9.60
CRETE - VILLAS
55 sq. m.	104,610	430	4.93%	1,902	7.81
120 sq. m.	212,640	605	3.41%	1,772	5.04
Districts researched: Athens Center: Kolonaki Athens Suburbs: Kifisia; Psichiko, Glyfada Crete: Chania; Rethymnon; Apokoronas, Aghios Nikolaos, Elounda Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Gross rental yields on properties in Athens are very low, ranging from 2.48% to 3.8%. Yields have fallen substantially since 2007, when they were ‘moderate to good’ at 5% to 7%, but are little changed over the past year.

Athens suburban houses have average yields of 2.94%.

Apartments in central Athens of between 60 square metres (sq. m.) and 120 sq. m range in cost from €343,680 to €794,640. Apartments in the suburbs are slightly less pricey, ranging from €257,400 to €439,560 for similar sized apartments.

In Crete, the average apartment price is €1,837 per sq. m., with average yields of 4.17%

Greece - more data and information