‘Athens is the new Berlin’ is the slogan that refers to the development of the progressive and creative community in this city. The local creative class representatives, along with the inspired expats, define the identity of this city with a fantastic history.
While being the capital of Greece, Athens has less than a million residents as of today. They have a population of around 660,000 people and growing. More and more expats are coming to this city, feeling that this is the best time to flood Athens and become a part of a growing society that will rebuild the economy of Greece. Yes, Greece is not having the best times in its history right now. While the financial crisis had a substantial negative impact on the country’s economy, Greece had already got through the toughest times. It may be the best time to move to Athens right now. Let us show you the benefits of this fantastic city.
The current state of Greece economy cannot be called great. Their business is not going well, and some may even call them one of the poorest countries in Europe. However, their economy is recovering from the recent struggle, and the overall trend is good. This may be the best time to invest in properties in Greece and then benefit from the economic growth of this country. Therefore, the Athens region may be your best bet and investment opportunities. Athens is considered a financial and transport hub of the country. The economy of Athens mostly benefits from tourists and sea resorts, seaports, etc. For example, Piraeus seaport is fundamental for the business and economy growth of Athens. Athens citizens are mostly employed in the service industry. The city has factories, mills, and production companies that develop metal goods, machinery, chemicals, tobacco, textile, petrol, etc.
Living in Athens means seeing the ancient marbles like Parthenon, Acropolis, Ancient Agora, and other famous landmarks of Greece history. This creates a great bond between the local citizens and their home. Athens has plenty of museums, old theaters, cinemas, and bars. The entertainment life of an average Athens resident is fun and exciting. When we talk about the attractions and entertainment venues, Athens can be called an easy-going city with a vibe of relaxation and fun. Since there are many tourists coming to Athens to see the landmarks, you’ll have to find yourself an apartment that is located far from the most popular tourist attractions.
When you live in Athens, you’ve got several options for transportation: Metro, Bus, Train, Tram, Taxi, Car. City metro system has 3 lines and covers the urban areas of the city. Stations are spotless; trains are tidy as well. An average one-way ticket will cost you less than 1 Euro. Just like in Germany, you have to buy a ticket at the station and validate it at the station. More than 300 bus lines cover the city and will take you wherever you may need to commute daily. Work, education, entertainment — Athens buses will take care of it. They also have electric buses which means that Athens local government cares about the environment and progress. Athens Trains serve more than 48 stations. They cover the routes that are not covered by the buses and the metro system. Since Athens has a poor road infrastructure, it’s more popular here to take a taxi rather than own/ rent a car. Make sure you make the most out of the Athens trains. They will take you to the suburbs and closest cities.
|Rent Price||Feb||vs Last Month|
|1 bed rentals||€614||-1.9%|
|2 bed rentals||€534||-1.8%|
|3 bed rentals||€523||+3.5%|
|4+ bed rentals||€382||+0.2%|
|Rent Type Price||Feb||vs Last Month|
Over the Apr 2020, the average rent for an apartment in/near Athens, Greece decreased by 0.3% to . Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 1.9% to . Pricing for 2-bed apartment also decreased by 1.8% and a place of this size will now cost you . 3-bed apartment rent pricing starts at , it increased by 3.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 0.2% and made it up to .
The median rent for an apartment in Athens, Greece decreased by 1.1% to . The median rent for a house is still with no significant changes this month. The median rent for a loft did not face significant changes this time, it now still goes for . An average room will now go for , the median rent price for a room increased by 0.7%.
Before you start browsing available Athens apartments, we want to let you know a few critical tips that may help you with that. Finding apartments in Athens, Greece is easier if you do not use the brokers, real estate agents, and other types of middlemen. You’ll have to deal with authorized and not-licensed brokers; this is quite a headache. Greeks and foreigners can own Athens apartments for rent. Usually, foreigners rent out their places for short-term vocational purposes. Locals prefer to rent their homes on the long-term and keep the cash-flow coming without the need for constant adjustments. We do not recommend apartment hunting in the regions close to the Albania border and other areas on the outskirts of Greece. Some of these areas will require you to get the authorization to rent or buy a property. Summing things up, you should look for an apartment from a local landlord, avoid middlemen and aim for urban areas.
You’re looking at the well-tailored urban village right in the shadow of Acropolis. Since there are so many Airbnb apartments for short-term renting available in this district, it sparkled a significant amount of interest from tourists and locals. Koukaki has a growing community that enjoys museums, art exhibitions, creative gatherings, bars, and other forms of entertainment. Since Koukaki is home to the National Museum of Contemporary Art, it helps this neighborhood to be distinguished among the other popular destinations to stay in Athens. It’s not just a residential district; it’s one of the hippest locations in the city where creative talents tend to have a good time.
Are you looking for a suburban feel and more of a hidden-away neighborhood? Pangarti apartments may be your best bet. This is, by all means, another hip spot for millennials and creative class representatives to hang out and settle. Pangarti is home to the oldest cinema, dozens of authentic cuisine facilities, bookstores, and vintage markets. That may be your best bet if you’re looking for a quiet place with an authentic ancient Athens vibe.
The name of this district itself can be translated as ‘vineyards’ — that’s quite a good start, right? While being one of the central neighborhoods of Athens, Ampelokipoi offers both affordable and luxurious rentals. Some of the rent prices can scare you away, but if you take your time and look hard for a good deal — you’ll find one. Ampelokipoi apartments for rent will work great for you if you prefer to live closer to the most popular attractions and have access to the most significant number of entertainment venues.
This is the area where most of the aspired musicians, theater actors, and creative personalities tend to settle down and rent a place. It is a quite popular neighborhood, so finding an apartment for rent in Kato Petralona can be a challenge. However, if you’re a fan of music gigs at the previously active factory or merely a sucker for the urban jungle — that’s the best neighborhood for you.
One of the safest neighborhoods in Athens is located right here. You’re looking at Neos Kosmos — the south of the Athens historic center. The neighborhood that has excellent daily commute options and perfect rentals available to lease for long-term renting. Found an apartment for rent in Neos Kosmos? This can be your best bet while looking for a safe and pedestrian-friendly area.