Gross rental yields in Greece: Athens and 5 other cities
The average gross rental yield in Greece stands at 4.38% (2026, Q2). Previously, in Q4 2025, the rental yield was 4.40%.
Cities and areas compared
- Athens
- Thessaloniki
- Kavala
- Patra
- Heraklion
- Volos
Historical rental yields in Greece
| ATHENS - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Patision - Acharnon | |||
| 1-Bedroom | €95,000 | €550 | 6.95% |
| 2-Bedroom | €145,000 | €690 | 5.71% |
| 3-Bedroom | €190,000 | €880 | 5.56% |
| Ampelokipoi - Pentagon | |||
| 1-Bedroom | €160,000 | €700 | 5.25% |
| 2-Bedroom | €244,000 | €900 | 4.43% |
| 3-Bedroom | €300,000 | €1,180 | 4.72% |
| Kipseli | |||
| 1-Bedroom | €110,000 | €560 | 6.11% |
| 2-Bedroom | €185,000 | €740 | 4.80% |
| 3-Bedroom | €250,000 | €1,000 | 4.80% |
| Pagkrati | |||
| 1-Bedroom | €180,000 | €700 | 4.67% |
| 2-Bedroom | €260,000 | €850 | 3.92% |
| 3-Bedroom | €380,000 | €1,200 | 3.79% |
| Neos Kosmos | |||
| 1-Bedroom | €160,000 | €650 | 4.88% |
| 2-Bedroom | €240,000 | €850 | 4.25% |
| 3-Bedroom | €322,500 | €950 | 3.53% |
| Kolonaki - Lykavittos | |||
| 1-Bedroom | €260,000 | €1,100 | 5.08% |
| 2-Bedroom | €620,000 | €1,750 | 3.39% |
| 3-Bedroom | €960,000 | €2,750 | 3.44% |
| 4-Bedroom | €1,200,000 | €3,800 | 3.80% |
| Patisia | |||
| 1-Bedroom | €92,000 | €520 | 6.78% |
| 2-Bedroom | €135,000 | €660 | 5.87% |
| Athens (Center) | |||
| 1-Bedroom | €135,000 | €650 | 5.78% |
| 2-Bedroom | €205,000 | €880 | 5.15% |
| 3-Bedroom | €280,000 | €1,200 | 5.14% |
| 4-Bedroom | €419,500 | €2,100 | 6.01% |
| Athens avg. Rental Yields | 5.52% | ||
| THESSALONIKI - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | €140,000 | €550 | 4.71% |
| 2-Bedroom | €205,000 | €720 | 4.21% |
| 3-Bedroom | €358,000 | €1,000 | 3.35% |
| 4-Bedroom | €500,000 | €1,430 | 3.43% |
| Analipsi - Mpotsari - Nea Paralia | |||
| 1-Bedroom | €125,000 | €550 | 5.28% |
| 2-Bedroom | €183,000 | €650 | 4.26% |
| 3-Bedroom | €340,000 | €950 | 3.35% |
| Toumpa | |||
| 1-Bedroom | €145,000 | €490 | 4.06% |
| 2-Bedroom | €189,000 | €620 | 3.94% |
| 3-Bedroom | €255,000 | €700 | 3.29% |
| Faliro - Ippokratio | |||
| 1-Bedroom | €127,000 | €500 | 4.72% |
| 2-Bedroom | €180,000 | €650 | 4.33% |
| 3-Bedroom | €250,000 | €730 | 3.50% |
| Voulgari - Ntepo - Martiou | |||
| 1-Bedroom | €130,000 | €550 | 5.08% |
| 2-Bedroom | €188,000 | €650 | 4.15% |
| 3-Bedroom | €285,000 | €900 | 3.79% |
| Charilaou | |||
| 1-Bedroom | €165,000 | €550 | 4.00% |
| 2-Bedroom | €189,000 | €780 | 4.95% |
| 3-Bedroom | €310,000 | €890 | 3.45% |
| Vardaris - Lahanokipi | |||
| 1-Bedroom | €130,000 | €520 | 4.80% |
| 2-Bedroom | €135,500 | €590 | 5.23% |
| Ano Poli | |||
| 1-Bedroom | €105,000 | €450 | 5.14% |
| 2-Bedroom | €145,000 | €570 | 4.72% |
| Thessaloniki (all locations) | |||
| 1-Bedroom | €130,000 | €520 | 4.80% |
| 2-Bedroom | €183,000 | €650 | 4.26% |
| 3-Bedroom | €290,000 | €850 | 3.52% |
| 4-Bedroom | €300,000 | €1,300 | 5.20% |
| Thessaloniki avg. Rental Yields | 4.19% | ||
| KAVALA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Kavala (all locations) | |||
| 1-Bedroom | €120,000 | €400 | 4.00% |
| 2-Bedroom | €175,000 | €500 | 3.43% |
| 3-Bedroom | €250,000 | €600 | 2.88% |
| Kavala avg. Rental Yields | 3.44% | ||
| PATRA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Patra (all locations) | |||
| 1-Bedroom | €107,000 | €450 | 5.05% |
| 2-Bedroom | €136,000 | €550 | 4.85% |
| 3-Bedroom | €189,000 | €650 | 4.13% |
| Patra avg. Rental Yields | 4.68% | ||
| HERAKLION - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Heraklion (all locations) | |||
| 1-Bedroom | €150,000 | €500 | 4.00% |
| 2-Bedroom | €185,000 | €800 | 5.19% |
| 3-Bedroom | €320,000 | €950 | 3.56% |
| Heraklion avg. Rental Yields | 4.25% | ||
| VOLOS - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Volos (all locations) | |||
| 1-Bedroom | €116,500 | €430 | 4.43% |
| 2-Bedroom | €146,000 | €550 | 4.52% |
| 3-Bedroom | €214,500 | €650 | 3.64% |
| Volos avg. Rental Yields | 4.20% | ||
| 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 and Spiti24 |
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View the full rental yield dataset (2022 - Present)
Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities and areas in Greece, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.
