The 30 most profitable towns to invest in Greece
One Place tracks 87 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 4.5% gross. Here are the highest scoring.
Market figures last recomputed on August 21, 2026.
- Highest gross yield in the top 30
- Municipality of Larissa11.0%
- Lowest entry price in the top 30
- Trikala Municipality€1,010/m²
- Largest market in the top 30
- Municipality of Athens643,452 residents
| # | Town | Residents | Sale price /m² | Rent /m²/month | Gross yield | Listings analysed | Score /100 |
|---|---|---|---|---|---|---|---|
| 1 | Municipality of Larissa | 136,684 | €1,049 | €9.6 | 11.0% | 178 sale · 90 rent | 79.0 |
| 2 | Municipality of Patras | 187,486 | €1,424 | €9.5 | 8.0% | 1,638 sale · 2,505 rent | 67.0 |
| 3 | Volos Municipality | 85,803 | €1,294 | €8.9 | 8.3% | 374 sale · 242 rent | 62.7 |
| 4 | Ioannina Municipality | 86,494 | €1,455 | €9.3 | 7.7% | 231 sale · 401 rent | 58.8 |
| 5 | Municipality of Athens | 643,452 | €2,632 | €12.7 | 5.8% | 15,178 sale · 2,710 rent | 58.6 |
| 6 | Kassandra Municipality | 15,181 | €2,750 | €24.4 | 10.6% | 415 sale · 36 rent | 57.9 |
| 7 | Trikala Municipality | 73,891 | €1,010 | €7.5 | 8.9% | 25 sale · 45 rent | 54.4 |
| 8 | Municipality of Thessaloniki | 319,045 | €2,714 | €11.1 | 4.9% | 4,637 sale · 1,287 rent | 49.9 |
| 9 | Municipality of Aigaleo | 58,555 | €2,086 | €12.4 | 7.2% | 550 sale · 95 rent | 48.3 |
| 10 | Municipality of Heraklion | 154,604 | €2,500 | €10.9 | 5.3% | 921 sale · 1,772 rent | 47.5 |
| 11 | Municipality of Festos | 24,864 | €1,104 | €8.3 | 9.1% | 38 sale · 17 rent | 46.8 |
| 12 | Municipality of Neapoli-Sykies | 80,888 | €1,622 | €8.5 | 6.3% | 341 sale · 102 rent | 44.9 |
| 13 | Municipality of Piraeus | 168,151 | €2,977 | €11.2 | 4.5% | 3,419 sale · 625 rent | 43.2 |
| 14 | Municipality of Acharnes | 82,279 | €1,604 | €8.1 | 6.1% | 676 sale · 47 rent | 39.7 |
| 15 | Municipality of Zografos | 50,608 | €2,558 | €11.2 | 5.3% | 697 sale · 230 rent | 39.1 |
| 16 | Municipality of Chalkida | 91,738 | €1,793 | €9.2 | 6.1% | 154 sale · 33 rent | 39.0 |
| 17 | Municipality of Nikaia-Agios Ioannis Rentis | 89,360 | €2,283 | €9.7 | 5.1% | 983 sale · 104 rent | 37.6 |
| 18 | Municipality of Kifisia | 59,502 | €3,514 | €13.3 | 4.6% | 985 sale · 307 rent | 36.7 |
| 19 | Municipality of Chalandri | 57,370 | €3,235 | €13.4 | 5.0% | 1,015 sale · 123 rent | 34.7 |
| 20 | Thermaikos Municipality | 45,561 | €1,854 | €9.2 | 5.9% | 300 sale · 39 rent | 34.0 |
| 21 | Municipality of Chaidari | 38,445 | €2,000 | €9.7 | 5.8% | 356 sale · 53 rent | 33.6 |
| 22 | Municipality of Kallithea | 74,351 | €3,200 | €10.7 | 4.0% | 2,033 sale · 243 rent | 33.5 |
| 23 | Municipality of Saronikos | 24,134 | €2,673 | €11.8 | 5.3% | 548 sale · 175 rent | 33.3 |
| 24 | Municipality of Aigialeia | 49,703 | €1,444 | €6.6 | 5.5% | 351 sale · 53 rent | 33.1 |
| 25 | Municipality of Keratsini-Drapetsona | 89,536 | €2,410 | €9.0 | 4.5% | 853 sale · 74 rent | 31.9 |
| 26 | Pavlos Melas Municipality | 100,194 | €2,000 | €8.0 | 4.8% | 245 sale · 39 rent | 31.5 |
| 27 | Municipality of Lavreotiki | 22,294 | €2,238 | €11.5 | 6.2% | 116 sale · 42 rent | 31.4 |
| 28 | Municipality of Glyfada | 71,459 | €5,795 | €17.0 | 3.5% | 3,254 sale · 680 rent | 31.0 |
| 29 | Kordelio - Evosmos Municipality | 105,352 | €2,108 | €8.3 | 4.7% | 641 sale · 32 rent | 30.5 |
| 30 | Municipality of Palaio Faliro | 54,739 | €4,335 | €13.3 | 3.7% | 1,767 sale · 326 rent | 30.5 |
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.
Data confidenceHigh200 listings or moreMediumat least 60Lowfewer than 60
Counted on the thinner of a town's two sides: whichever of its sale and rental listings is the smaller number.
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).
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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. 87 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.