Northern Athens 2026: The New “Safe Zone” for Property Investment

Northern Athens remains the most stable and high-quality property market in Greece for 2026. Discover why areas like Marousi, Kifisia, and Chalandri are attracting investors seeking strong ROI and long-term value.

REAL ESTATE INVESTMENTCONSTRUCTION AND NEW HOMESNEIGHBORHOOD GUIDES

Christos Boubalos - poli.gr

11/7/2025

1. A Market Moving Toward Stability

After several years of sharp price growth, the Athens property market is now entering a more mature phase.
In 2026, stability and sustainability define the new reality.
While central Athens faces saturation and southern suburbs see rising prices, Northern Athens stands out as the most balanced and resilient investment zone.

With excellent infrastructure, greenery, and consistently high demand, the northern districts have become Greece’s “safe zone” for real estate investors who value both stability and growth potential.

2. What Makes Northern Athens Unique

Northern Athens offers a lifestyle unmatched by any other part of the city — combining urban convenience with suburban tranquility.
It’s the area where professionals, families, and expatriates can enjoy comfort, accessibility, and long-term value.

Key advantages include:

  • Excellent accessibility via metro and the Attiki Odos motorway.

  • High-quality schools and international education options.

  • Safe and green neighborhoods with a family-friendly atmosphere.

  • A strong local economy with offices, restaurants, and shopping centers.

  • Modern, energy-efficient developments (A+ or A++) with advanced specifications.

Areas such as Marousi, Kifisia, Chalandri, and Pefki form the heart of this northern belt of prosperity.

3. Property Prices in 2026: Stable but Selectively Rising

Despite overall stability, prime projects in Northern Athens continue to record strong demand.

Average Prices (2026):

  • New Builds / Energy Class A+: €5,000–€7,000 per m²

  • Under Construction (Off-Plan): €4,500–€6,000 per m²

  • Renovated Older Properties: €2,500–€3,500 per m²

The difference is clear: investors are prioritizing construction quality, energy performance, and location, rather than square footage alone.
Homes with private parking, storage, and modern design consistently achieve premium pricing and faster absorption.

4. Who Is Buying in Northern Athens

The 2026 buyer profile in Northern Athens is remarkably diverse:

  • Greek professionals and families seeking permanent residence with long-term value.

  • Repatriates returning from abroad who prefer suburban comfort near the city center.

  • Foreign investors looking for low-risk, high-quality assets within the EU.

  • Off-plan buyers securing lower prices before completion and customizing their future home.

This blend of local and international demand supports both capital stability and consistent rental income.

5. Returns and Yields: Predictable and Solid

Rental demand in Northern Athens remains strong thanks to corporate relocations, international schools, and an excellent living environment.

Average gross yields (2026):

  • New Builds / Off-Plan Properties: 6%–8%

  • Renovated Properties: 5%–7%

  • Older, Unrenovated Apartments: Below 3%

These steady returns, combined with minimal vacancy risk, make Northern Athens one of the safest investment zones in Greece.
The combination of high living standards and professional tenants ensures consistent performance even in shifting market conditions.

6. The New Era of Sustainable Luxury

Northern Athens has embraced a new era of sustainable design and energy-efficient construction.
Developers are focusing on low-consumption materials, natural lighting, soundproofing, and smart energy systems.

These properties not only reduce environmental impact but also deliver tangible financial benefits — lower energy bills, higher rentability, and long-term value preservation.

In many cases, the improved efficiency can boost net rental yield by 10% or more per year compared to older stock.

7. Why It’s the “Safe Zone” for Investors

Northern Athens has repeatedly proven its resilience against market volatility.
It’s the area least affected by short-term fluctuations and most consistent in maintaining property value.

Reasons it’s considered a safe investment zone:

  • Stable demand from high-income tenants and buyers.

  • Limited supply of available land for new projects.

  • Strong community infrastructure and transport networks.

  • Capital appreciation potential through upcoming metro extensions and urban renewal projects.

In short: investors in Northern Athens don’t just buy property — they buy long-term security.

8. Example: The Tymfristou Project by Poli Real Estate

A prime example of this new investment model is the Tymfristou project by Poli Real Estate in Marousi — a boutique residential development of six luxury apartments.

Each residence combines energy efficiency (Class A+), elegant design, and generous terraces with parking and storage.
Buyers can acquire under construction units at a 10–15% lower entry price, benefiting from customization options and strong projected ROI of 7–9%.

This project captures the essence of Northern Athens living: modern comfort, lasting value, and investment-grade stability.

9. Outlook for 2026 and Beyond

Analysts expect Northern Athens to remain one of the most resilient and attractive real estate zones in Greece through 2026–2028.
As interest rates gradually normalize, demand from both Greek and foreign buyers is likely to increase further, especially for A+ class and off-plan developments.

The result: steady prices, rising yields, and continuous urban improvement that further strengthens investor confidence.

Conclusion

Northern Athens in 2026 represents the perfect blend of stability, comfort, and capital growth.
It’s where urban living meets sustainable design — and where investors find safety without sacrificing returns.

At Poli Real Estate, we specialize in premium developments and investment consulting across Northern Athens.
From off-plan opportunities like Tymfristou in Marousi to energy-efficient residences ready for occupancy, we help clients secure assets that combine modern living, profitability, and long-term security.