Best places to invest in Athens

Best places to invest in Athens

If you are looking to invest in real estate, then Athens should be your first choice, especially during this period.

And of course, the key question is one: what are the "hottest" areas in the capital to make your next purchase? What is the ideal location, which will bring back the money you invested? Lets take a look at the best options!

Why invest in Athens?

Lets see why the capital of Greece is the best choice for investment. First of all, Athens remains one of the most popular destinations, all over the world. Its tourist attractions, led by the Acropolis and the Parthenon, are a magnet for global tourism. 

It is worth mentioning that Athens is the capital of a country that still offers investors great opportunities. Compared to other capitals, Athens offers much cheaper prices per square meter.  

Of course, it is not enough just to buy something cheap for an investment to succeed. The returning rates according to rentals increasing is remarkable, the high interest of buying properties in the city is also an interesting reselling field in real estate. 

Kolonaki 

Traditionally, Kolonaki is a meeting point for Athen’s elite. Its streets are lined with luxury jewelry shops, fashion brands shops, restaurants and cafes. It is worth noting that property prices in Kolonaki have remained high, even during the economic crisis. 

Kifissia

Kifissia is one of the classy, beautiful and luxurious suburbs of Athens. It has always been a summer retreat for wealthy Athenians, due to its green streets and lower temperatures. It is about 30 minutes from the center of Athens, and you have the option to make use of public transport. 

Kerameikos

According to Forbes, Kerameikos is one of the most beautiful neighborhoods in the world. About 15 minutes of walking is enough to get to the unique pedestrian street Ermou, and at the same time, it is located northwest of the Acropolis. 

Glyfada

Another affluent neighborhood, with seaside glamour, the so-called Athenian Riviera. Glyfada is filled with seaside residences as well as a rich shopping center and modern amenities that raise the standard of living. It also has the most seaside bars and clubs.

Plaka

Plaka is the oldest district of Athens, also known as the "Neighborhood of the Gods". If you walk its narrow streets, you feel like you are taking a trip back in time. Colorful neoclassical buildings, small museums and churches create a beautiful setting. Plaka remains a particularly popular area for buying property. 

Psirri 

The small district of Psirri is also one of the oldest in Athens and is located in the historic centre of the capital. It was once an industrial area. Over the years, its population has grown, the houses have been renovated and now it is full of boutique hotels, bars and taverns.