The evolution of the prices requested for houses for sale and rental throughout Greece during the 1st quarter of 2026 SPI, Spitogatos' price index, which captures price trends in the domestic real estate market through millions of actual ads data on the Spitogatos platform – the No. 1 real estate ads website in Greece.
With average price (MZT) and rental increases residence closes the 1st quarter of 2026 across the country. More specifically, an annual increase of 7.9% occurred in the MZT sale of residence in the 1st quarter of 2026 compared to the respective quarter of 2025, while the MZT rental of residence scored an annual increase of 4.2% nationwide.
In the large urban centres and their suburbs, the upward trend remains strong, with Thessaloniki recording a stronger rise than Attica. In particular, sales prices increased by 6.5% in Attica and 9.7% in Thessaloniki, while rental prices increased 3.9% and 6.6% respectively.
These data confirm the continued strengthening of demand for housing, especially in large urban centres, with Thessaloniki emerging in a dynamic market at a faster rate of growth. At the same time, the biggest increase in sales prices in relation to rents suggests enhanced investment activity, which boosts the prices requested upwards and may further increase pressure on the accessibility of the residence and for tenants.
The most expensive and most economical points
Southern Suburbs and Cyclades continue to occupy the first places in the ranking of the country's most expensive areas for the purchase of housing, with MZT house sale 4,167 euros/sq.m. and 4,000 euros/sq.m. respectively, while following the Northern Suburbs, Regional Unity (P.E.) of Lefkada and P.E. of Chania.
On the other hand, the most economical areas of the country for home purchase are: P.E. Kastoria with MZT sale at 538 euros/sq.m., P.E. Kozanis, P.E. Florinas, P.E. Kilkis and P.E. Karditsas.
In the area of renting, we meet again the South Suburbs and Cyclades, with MZT rental at 13.3 euros/sq.m. and 12.8 euros/sq.m. respectively, in the top most expensive areas of the country, followed by the Centre of Athens, the Northern Suburbs and the Municipality of Thessaloniki.
As far as renting is concerned, the most economical areas of the country for the 1st quarter of 2026 are highlighted by P.E. Grevenon with MZT rental at 3.9 euros/sq.m., followed by the rest of the P.E. Thessaloniki, Pellas P.E., Imathias P.E. and Kilkis P.E.
Evolution of the prices requested for purchase and rent of residence in Attica
Spitogatos Insights examined the development of MZT sales and rental houses in Attica during the 1st quarter of 2026. According to recent data, the Southern Suburbs almost monopolize the top 5 of the most expensive areas of Attica, with Vouliagmeni located at the top with MZT 7,333 euros/sq.m., followed by Voula, Greek, Glyfada and the Historical Centre of Athens, as shown in the table below.
In the most economical areas of Attica, Varnavas with an MZT sale is located at 1,511 euros/sq.m., followed by Agia Varvara, Patisia, Acharnes and the Patissia-Acharnon Avenue area.
Vouliagmeni again conquers the top in the most expensive areas of Attica for renting residence in the 1st quarter of 2026, with MZT at 20.6 euros/sq.m., while following Kolonaki-Lykavittos, Voula, Philothei and Old Psychiko.
In the most economical areas of Attica, the following areas are listed: Agios Stefanos with MZT rent at 7.0 euros/sqm, Kamatero, Agii Anargyri, Perama and Acharnes.
The areas that stood out during the 1st quarter of 2026 for the significant increases that occurred in the MZT sale of residence in relation to the respective quarter of 2025 are the area of the Hymetus, followed by Drosia, Taurus, Daphne and Agia Varvara.
On the rental track, the areas highlighted with annual increases milder than the sale, are: Hymettus, Perama, Melissa, Acharnes and Haidari.
The significant annual increases in the requested sales prices in Taurus and Daphne, as well as the requested rental prices in Perama, Acharnes and Haidari, highlight the increasing interest of those seeking accommodation — either for sale or for rent — In less popular but more affordable areas.
Thessaloniki: The areas that stood out as more expensive, more economical and with the greatest dynamic
As mentioned, the annual increases in the requested sales and rental prices in Thessaloniki were significant in the 1st quarter of 2026. In particular, the most expensive areas of the co-capital for the 1st quarter of 2026 are Kalamaria with MZT house sale at 3,142 euros/sq.m., the Centre of Thessaloniki (€3,000/sq.m.) and Pylaia (€2.989/sq.m.), while the areas with the highest MZT house rental are the Centre of Thessaloniki with MZT house rental at €11.7/sq.m., Vardaris-Lahanokipi area (11.3/sq.m.) and the area of 40 Churches-Evangelist (10,9 euros/sq.m.).
The most economical areas of Thessaloniki for housing purchase in the 1st quarter of 2026 are located in its suburbs and are as follows: Kallithea (926 euros/sqm), Mygdonia (935 euros/sq.m) and Royal (1,125 euros/sq.m). The most economical areas for rental of residence in Thessaloniki are again located in the suburbs of the city and are Oraiokastro with MZT rental at 5.4 euros/sq.m., Mikra (5.5 euro/sq.m.) and Royal (5.6 euro/sq.m).
Thessaloniki continues to record strong mobility in the housing market, with specific areas distinguished in both sales and rents. In sales, the largest rise in the Middle Requested Price (MZT) during the 1st quarter of 2026, compared to the corresponding period of 2025, noted the area of Xerokrini-Panaya Faneromeni in the Municipality of Thessaloniki, recording an annual increase of more than 25%. A strong upward course was also presented by Stavroupoli and Halastra in the suburbs of the city.
Accordingly, in the rental sector, the biggest dynamic for the 1st quarter of 2026 Thermi and Menemeni appeared in the suburbs of Thessaloniki, as well as the area of Xerokrini-Panaya Faneromeni in the Municipality of Thessaloniki.
The housing market in the 1st quarter of 2026
For many, the approval of a housing loan is the first and most decisive step in obtaining a residence. The largest mortgage credit broker in Greece, and strategic partner of Spitogatos, IMS-FC provides data on the purchase of housing loans in the 1st quarter of 2026.
In particular, the Loan-To-Value (LTV) indicator shows the percentage of the loan in relation to the total value of the property and the table below shows characteristics of the index by loan value.
It is important to note that the LTV index is increased in the 1st quarter of 2026 to all levels of loan value, with the most significant increase occurring at tier 50-70,000.
Further examining the data of the 1st quarter of 2026, an overall strong picture of housing approval on the Greek real estate market is reflected, as the large majority of borrowers received 100% of the requested amount in most loan categories.
In particular, the highest full disbursement rates are recorded in loans 50,000-70,000 euros (96.8%), 70,000-100,000 euros (95.5%) and 150,000-200,000 euros (95.3%), while the rate is particularly high in the category up to 50,000 euros (92.9%).
On the contrary, a greater deviation between the requested and finally approved amount appears in the categories 100,000-150,000 euros, where 17.1% did not receive the total amount requested, and 200,000-300,000 euros, with a corresponding 14.6%.
The above evidence shows that financing remains accessible to home buyers, even during a period of increased demand and strong market mobility.
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