When markets shake, bricks hold steady
From inflation spikes to disruptions in the banking sector, recent years have reminded investors of one of the oldest strategies in the book: real estate. But not just any real estate — only the kind that works for you. Reliable. Predictable.
In this article, we explore long-term rental investments in Greece — the new favorite among investors from the U.S. and Switzerland. Why? Because in times of economic uncertainty, people look for assets that offer stability. And that’s exactly what real estate in investor-friendly countries like Greece provides. With the potential for passive income and strong fundamentals, property investments in Greece are becoming an increasingly popular choice. We'll walk you through where returns are highest, how the system works, and what the real numbers say — from purchase to profit.
2025 is just getting started, but Greece’s rental property market is already showing solid growth. Demand continues to outpace supply, particularly in major urban centers and popular tourist regions.
According to Indomio, in March 2025, the average rental price nationwide reached €10.11 per square meter per month, a 3.16% increase compared to March 2024. In Attica, which includes Athens, rental rates rose to €11.97 per square meter, remaining among the highest in the country.
As for rental yields, investors can expect:
Meanwhile, the eastern districts of Athens are experiencing particularly strong momentum, with both housing prices and rental rates rising by 9.3% over the past year. Whether you're looking for steady cash flow or long-term capital appreciation, Greece’s rental market offers an increasingly compelling case — especially in today’s unpredictable financial climate.
Why long-term rentals deserve your attention:
Stable Income
Long-term rentals provide a predictable cash flow. As real estate expert Chris Mayes notes, these types of investments offer “reliable and consistent returns.”
Lower Operating Costs
Unlike short-term rentals, long-term tenants often cover their own utility bills, reducing the financial burden on the property owner. There’s also less need for frequent cleaning and ongoing maintenance.
Easier to Manage
With lower tenant turnover, investors spend less time and money finding new renters or preparing the unit. This makes long-term rentals particularly attractive to those seeking passive income.
“In long-term rentals, stability is key. Steady demand, a clear tenant profile, and the right price-to-rent ratio. There aren’t many neighborhoods in Greece that offer all three—but they do exist, and at Renty we manage dozens of properties in exactly those areas.”
— Ilias Anagnostou, Property Manager at Renty
According to Ilias, the highest rental yields come from neighborhoods popular with students, young professionals, and families — those who prioritize transport links and affordability.
Amerikis Square (Athens) – up to 6.9% yield
A central district with excellent infrastructure and high demand from students and working professionals. High density supports active year-round rental activity.
Korydallos (Piraeus Region) – up to 6.3% yield
One of the most promising areas outside the city center. Its proximity to the port, metro access, and relatively low property prices make it especially attractive for investors.
Egaleo and Peristeri (West Athens) – 6.1% and 6% yield
Urban districts with growing infrastructure and steady rental demand. These areas are seeing an increase in both new developments and renovated properties.
Zografou – 5.8% yield
A student rental classic. Its location near major universities makes this neighborhood a dependable source of consistent income.
Long-term rentals are a reliable source of income — but only when approached with clear strategy and due diligence. Even experienced investors can run into unexpected issues.
“I bought an apartment in Athens, but it turned out the paperwork wasn’t properly completed. We spent three months just figuring out who actually owned it in the past.”
— Investor from the U.S. on Reddit
“I invested in a flat, did a top-notch renovation, and installed high-end appliances. The result? I have tenants, but my yield is lower than my neighbor’s — and his interior is very basic. Renters in Greece have different priorities.”
— Investor from Switzerland on LinkedIn
“I was planning to rent on Airbnb, but then a new regulation was passed limiting rentals to 90 days per year. I had to quickly rethink my income model.”
— From a Facebook group on real estate investment in Greece
These stories have one thing in common: most of them could have been prevented with better planning. Document verification, accurate rental yield forecasting, and choosing the right strategy — all of that requires not only market expertise but also daily presence on the ground.
That’s exactly why our team handles everything related to your property — from acquisition and renovation to ongoing rental management.
Have a case to discuss? We’re here to help!
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