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The 30 most profitable towns to invest in Greece

One Place tracks 103 towns in Greece with more than 10,000 residents and enough live apartment listings to price both sides of a rental yield. The median across all of them is 4.2% gross. Here are the highest scoring.

Market figures last recomputed on October 8, 2026.

103
Towns priced
4.2%
Median gross yield
8.8%
Highest gross yield in the top 30Kassandra Municipality
€933
Lowest entry price in the top 30Lamia Municipality
Top 30 of 103

Every town, scored

A town qualifies with at least 25 apartment sale listings and 15 apartment rental listings priced per square metre. The badge next to each name says how much data stands behind that town's figures.

Sort
SortThe blended score: gross yield, town size and how much data sits behind the estimate.Highest gross rental yield first, whatever the town size.Cheapest median sale price per m² first: the lowest entry tickets.Largest towns first: the deepest tenant and resale markets.
Data confidenceHigh200 listings or moreMediumat least 60Lowfewer than 60Greece median 4.2%30 of 103 towns
TownResidentsSale price /m²Rent /m²/monthAgainst the medianGross yieldListings analysedScore /100
01Municipality of LarissaMedium136,684€1,140€8.04.2 pts above the Greece median of 4.2%8.4%241 sale·187 rent65.5
02Municipality of PatrasHigh187,486€1,693€9.22.3 pts above the Greece median of 4.2%6.5%1,352 sale·3,443 rent57.4
03Municipality of AthensHigh643,452€2,591€11.91.3 pts above the Greece median of 4.2%5.5%14,769 sale·3,983 rent56.7
04Volos MunicipalityHigh85,803€1,544€8.32.2 pts above the Greece median of 4.2%6.5%741 sale·779 rent51.9
05Lamia MunicipalityLow66,054€933€6.23.7 pts above the Greece median of 4.2%7.9%54 sale·57 rent51.2
06Kassandra MunicipalityLow15,181€2,800€20.54.6 pts above the Greece median of 4.2%8.8%459 sale·48 rent47.2
07Serres MunicipalityLow76,817€1,067€6.73.3 pts above the Greece median of 4.2%7.5%33 sale·42 rent47.0
08Municipality of HeraklionHigh154,604€2,477€10.60.9 pts above the Greece median of 4.2%5.2%945 sale·2,510 rent46.9
09Municipality of Neapoli-SykiesMedium80,888€1,715€8.51.7 pts above the Greece median of 4.2%5.9%476 sale·186 rent45.4
10Ioannina MunicipalityHigh86,494€1,848€8.41.2 pts above the Greece median of 4.2%5.5%290 sale·1,159 rent45.1
11Municipality of ThessalonikiHigh319,045€2,864€10.00.1 pts below the Greece median of 4.2%4.2%6,761 sale·2,653 rent45.1
12Municipality of AigialeiaLow49,703€1,357€8.02.8 pts above the Greece median of 4.2%7.0%241 sale·50 rent43.1
13Municipality of PiraeusHigh168,151€3,000€11.00.2 pts above the Greece median of 4.2%4.4%3,492 sale·752 rent42.4
14Municipality of AigaleoMedium58,555€2,391€11.51.5 pts above the Greece median of 4.2%5.8%369 sale·110 rent39.7
15Municipality of AlexandroupoliMedium71,751€1,767€7.40.8 pts above the Greece median of 4.2%5.1%512 sale·198 rent39.2
16Municipality of FestosLow24,864€1,181€7.73.5 pts above the Greece median of 4.2%7.8%26 sale·18 rent38.7
17Municipality of ZografosHigh50,608€2,750€11.00.6 pts above the Greece median of 4.2%4.8%595 sale·328 rent37.4
18Municipality of AcharnesLow82,279€1,750€8.31.4 pts above the Greece median of 4.2%5.7%535 sale·38 rent36.1
19Municipality of Nikaia-Agios Ioannis RentisMedium89,360€2,333€9.40.6 pts above the Greece median of 4.2%4.9%1,019 sale·103 rent36.0
20Municipality of KallitheaHigh74,351€3,077€10.70.1 pts below the Greece median of 4.2%4.2%2,051 sale·379 rent35.7
21Ampelokipi - Menemeni MunicipalityMedium50,143€1,575€7.41.4 pts above the Greece median of 4.2%5.7%285 sale·62 rent35.2
22Municipality of KifisiaHigh59,502€3,600€12.40.1 pts below the Greece median of 4.2%4.1%1,028 sale·497 rent34.0
23Municipality of MarousiHigh58,999€3,771€12.80.2 pts below the Greece median of 4.2%4.1%1,100 sale·255 rent32.6
24Municipality of Nea IoniaLow67,134€2,595€11.00.8 pts above the Greece median of 4.2%5.1%686 sale·54 rent32.4
25Municipality of ChalandriMedium57,370€3,333€12.10.1 pts above the Greece median of 4.2%4.4%745 sale·163 rent32.2
26Municipality of ChaniaMedium108,642€3,553€10.90.6 pts below the Greece median of 4.2%3.7%415 sale·173 rent32.0
27Municipality of ChalkidaMedium91,738€1,914€7.10.2 pts above the Greece median of 4.2%4.5%112 sale·69 rent31.6
28Municipality of Palaio FaliroHigh54,739€4,000€12.70.4 pts below the Greece median of 4.2%3.8%1,734 sale·494 rent31.2
29Kalamaria MunicipalityHigh92,248€3,452€10.00.8 pts below the Greece median of 4.2%3.5%1,197 sale·222 rent30.9
30Municipality of VyronasMedium45,559€2,772€10.50.3 pts above the Greece median of 4.2%4.6%749 sale·127 rent30.8

Counted on the thinner of a town's two sides: whichever of its sale and rental listings is the smaller number.

Where they are

The ranking, on the ground

All 30 towns, placed. The brighter the marker, the higher the gross yield. Hover any town for its numbers.

Municipality of Larissa8.4% gross · €1,140/m²Score 65.5 · rank 1Municipality of Patras6.5% gross · €1,693/m²Score 57.4 · rank 2Municipality of Athens5.5% gross · €2,591/m²Score 56.7 · rank 3Volos Municipality6.5% gross · €1,544/m²Score 51.9 · rank 4Lamia Municipality7.9% gross · €933/m²Score 51.2 · rank 5Kassandra Municipality8.8% gross · €2,800/m²Score 47.2 · rank 6Serres Municipality7.5% gross · €1,067/m²Score 47.0 · rank 7Municipality of Heraklion5.2% gross · €2,477/m²Score 46.9 · rank 8Municipality of Neapoli-Sykies5.9% gross · €1,715/m²Score 45.4 · rank 9Ioannina Municipality5.5% gross · €1,848/m²Score 45.1 · rank 10Municipality of Thessaloniki4.2% gross · €2,864/m²Score 45.1 · rank 11Municipality of Aigialeia7.0% gross · €1,357/m²Score 43.1 · rank 12Municipality of Piraeus4.4% gross · €3,000/m²Score 42.4 · rank 13Municipality of Aigaleo5.8% gross · €2,391/m²Score 39.7 · rank 14Municipality of Alexandroupoli5.1% gross · €1,767/m²Score 39.2 · rank 15Municipality of Festos7.8% gross · €1,181/m²Score 38.7 · rank 16Municipality of Zografos4.8% gross · €2,750/m²Score 37.4 · rank 17Municipality of Acharnes5.7% gross · €1,750/m²Score 36.1 · rank 18Municipality of Nikaia-Agios Ioannis Rentis4.9% gross · €2,333/m²Score 36.0 · rank 19Municipality of Kallithea4.2% gross · €3,077/m²Score 35.7 · rank 20Ampelokipi - Menemeni Municipality5.7% gross · €1,575/m²Score 35.2 · rank 21Municipality of Kifisia4.1% gross · €3,600/m²Score 34.0 · rank 22Municipality of Marousi4.1% gross · €3,771/m²Score 32.6 · rank 23Municipality of Nea Ionia5.1% gross · €2,595/m²Score 32.4 · rank 24Municipality of Chalandri4.4% gross · €3,333/m²Score 32.2 · rank 25Municipality of Chania3.7% gross · €3,553/m²Score 32.0 · rank 26Municipality of Chalkida4.5% gross · €1,914/m²Score 31.6 · rank 27Municipality of Palaio Faliro3.8% gross · €4,000/m²Score 31.2 · rank 28Kalamaria Municipality3.5% gross · €3,452/m²Score 30.9 · rank 29Municipality of Vyronas4.6% gross · €2,772/m²Score 30.8 · rank 30
Gross yield3.5%8.8%
Highest scoring

Markers sit on each town's administrative centre. Towns that sit close together overlap at this scale.

Town vs town

Put two towns side by side

The same budget in two towns. Floor area and rental income, straight from the medians in the table.

VS
What your budget buys
What your budget buys
Lamia Municipality
107m²
Rental income €7,907 a year (gross, before costs)
Municipality of Palaio Faliro
25m²
Rental income €3,807 a year (gross, before costs)
7.9%2.1× more than Municipality of Palaio Faliro
Gross yield
2.1× less than Lamia Municipality3.8%
€9334.3× less than Municipality of Palaio Faliro
Sale price / m²
4.3× more than Lamia Municipality€4,000
€6.22.1× less than Municipality of Palaio Faliro
Rent / m² · month
2.1× more than Lamia Municipality€12.7
66,05421% higher than Municipality of Palaio Faliro
Residents
17% lower than Lamia Municipality54,739
11120.1× less than Municipality of Palaio Faliro
Listings analysed
20.1× more than Lamia Municipality2,228
51.264% higher than Municipality of Palaio Faliro
Score / 100
39% lower than Lamia Municipality31.2

Floor area and rental income are derived from each town's median sale price per m² and median gross yield. Rental income is before tax, fees and vacancy. Yields inside a town vary by building and by size: these are town medians.

Method

How this ranking is built

Gross yield is the median asking rent per m² per month multiplied by twelve, divided by the median asking sale price per m². Both sides are apartments only, and both are converted to euros before anything is compared.

The score out of 100 blends three measured quantities: the gross yield (60%, scored from 3.0% upwards and topping out at 12.0%), the town's population (25%, which stands in for how deep the tenant and resale markets are), and how many listings sit behind the estimate (15%).

What these numbers are not

  • Both sides are asking prices, not signed prices or achieved rents. Where public transaction data lets us check, asking and sold prices per m² track within a few percent, but the level is an asking level.
  • Nothing here is net of property tax, service charges, management, insurance, maintenance or vacancy. A net yield usually lands somewhere around two thirds of gross, and the gap varies far too much between countries to publish a single conversion.
  • Rental listings are smaller than sale listings almost everywhere, and price per m² rises as flats get smaller. That lifts a yield built from two independent medians above what a town's typical sale stock would return. Towns where the size mismatch is extreme are dropped rather than adjusted.
  • Population comes from Wikidata, which mirrors each country's own statistics office. A town we hold no population for cannot be ranked, however good its price data.

Prices and rents: live listings indexed by One Place. Population: Wikidata (CC0). Administrative boundaries: © OpenStreetMap contributors (ODbL).

Questions

Questions about this ranking

How is the gross rental yield for towns in Greece calculated?

We take the median asking rent per square metre per month for apartments in the town, multiply it by twelve, and divide it by the median asking sale price per square metre for apartments in the same town. Both figures come from live listings indexed by One Place, and a town only appears once each side carries enough listings to be meaningful.

Which towns in Greece are included?

Every municipality with at least 10,000 residents that carries enough live apartment listings to price both sale and rent. 103 towns in Greece currently qualify; the table shows the highest scoring of them.

Is this a net yield?

No. These are gross figures, before property tax, service charges, management fees, insurance, maintenance and vacancy. A net yield is usually somewhere around two thirds of gross, but the gap varies enough between countries and between individual buildings that we do not publish a single conversion.

How often does the ranking change?

It is rebuilt from the live listing base, so it moves as prices and inventory move. The date above the table is the last time the underlying market aggregates were recomputed.

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