Last Updated: Sept. 27, 2022
ATHENS - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Patision - Acharnon
Studio	€60,000	€400	8.00%
1-Bedroom	€95,000	€525	6.63%
2-Bedroom	€130,000	€600	5.54%
3-Bedroom	€152,500	€750	5.90%
4+Bedroom	€250,000	€900	4.32%
Ampelokipoi - Pentagon
Studio	€120,000	€600	6.00%
1-Bedroom	€185,000	€800	5.19%
2-Bedroom	€240,000	€1,040	5.20%
3-Bedroom	€270,000	€1,200	5.33%
Kipseli
Studio	€68,000	€450	7.94%
1-Bedroom	€120,000	€580	5.80%
2-Bedroom	€200,000	€650	3.90%
Pagkrati
Studio	€120,000	€530	5.30%
1-Bedroom	€210,000	€835	4.77%
2-Bedroom	€280,000	€990	4.24%
Neos Kosmos
Studio	€97,000	€550	6.80%
1-Bedroom	€175,000	€730	5.01%
2-Bedroom	€240,000	€850	4.25%
Kolonaki - Lykavittos
Studio	€190,000	€1,000	6.32%
1-Bedroom	€480,000	€1,600	4.00%
2-Bedroom	€630,000	€2,200	4.19%
3-Bedroom	€1,200,000	€2,800	2.80%
4+Bedroom	€1,100,000	€3,600	3.93%
Attiki
Studio	€60,000	€420	8.40%
1-Bedroom	€90,000	€498	6.64%
2-Bedroom	€120,000	€625	6.25%
Patisia
Studio	€55,000	€400	8.73%
1-Bedroom	€95,000	€480	6.06%
2-Bedroom	€150,000	€600	4.80%
Athens avg. Rental Yields			5.59%
THESSALONIKI - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Center
Studio	€97,000	€450	5.57%
1-Bedroom	€140,000	€550	4.71%
2-Bedroom	€242,500	€700	3.46%
3-Bedroom	€365,000	€1,500	4.93%
Analipsi - Mpotsari - Nea Paralia
Studio	€97,500	€420	5.17%
1-Bedroom	€135,000	€550	4.89%
2-Bedroom	€225,000	€650	3.47%
3-Bedroom	€310,000	€750	2.90%
Toumpa
Studio	€115,000	€380	3.97%
1-Bedroom	€139,000	€500	4.32%
2-Bedroom	€285,000	€600	2.53%
Faliro - Ippokratio
Studio	€95,000	€400	5.05%
1-Bedroom	€135,000	€500	4.44%
2-Bedroom	€169,000	€600	4.26%
3-Bedroom	€253,000	€1,000	4.74%
Voulgari - Ntepo - Martiou
Studio	€94,000	€420	5.36%
1-Bedroom	€140,000	€550	4.71%
2-Bedroom	€230,000	€690	3.60%
Charilaou
Studio	€85,000	€440	6.21%
1-Bedroom	€130,000	€550	5.08%
2-Bedroom	€188,500	€550	3.50%
Vardaris - Lahanokipi
Studio	€69,000	€385	6.70%
1-Bedroom	€90,000	€430	5.57%
2-Bedroom	€96,000	€445	5.56%
Ano Poli
Studio	€70,000	€350	6.00%
1-Bedroom	€109,000	€450	4.95%
2-Bedroom	€170,000	€600	4.24%
Thessaloniki avg. Rental Yields			4.71%
KAVALA - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Kavala (all locations)
Studio	€57,500	€300	6.26%
1-Bedroom	€85,000	€350	4.94%
2-Bedroom	€150,000	€450	3.60%
Kavala avg. Rental Yields			4.93%
PATRA - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Patra (all locations)
Studio	€55,000	€350	7.64%
1-Bedroom	€75,000	€450	7.20%
2-Bedroom	€120,000	€600	6.00%
3-Bedroom	€137,000	€600	5.26%
Patra avg. Rental Yields			6.52%
HERAKLION - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Heraklion (all locations)
Studio	€77,000	€380	5.92%
1-Bedroom	€120,000	€600	6.00%
2-Bedroom	€190,000	€750	4.74%
3-Bedroom	€265,000	€900	4.08%
Heraklion avg. Rental Yields			5.18%
VOLOS - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Volos (all locations)
Studio	€70,000	€400	6.86%
1-Bedroom	€100,730	€450	5.36%
2-Bedroom	€136,000	€500	4.41%
Volos avg. Rental Yields			5.54%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Get updated rental yields data for 75 countries

Gross rental yield is the rent the landlord will earn - before taxation, vacancy costs, and other costs - compared to the property´s purchase price.

In central Athens, specifically Athens Historical Center and Kolonaki - Lykavittos, gross rental yields range from 2.80% to 6.32%.

Smaller apartments tend to have higher rental yields than larger ones.

Central Athens’ average two-bedroom apartment price is around EUR 630,000, while in the suburbs of Athens, two-bedroom apartments cost around EUR 130,000 to EUR 240,000, relatively less than in the centre. Two-bedroom apartments in Crete cost around EUR 190,000.

Round trip transaction costs are quite high for residential property in Greece. See our Residential transaction cost analysis for Greece.