Properties up to €200,000: Are There Still Opportunities in Athens?

With real estate prices in Athens rising steadily over the past few years, many wonder: can you still find properties under €200,000 in the Attica region? The answer is yes — but with limitations and careful selection.

NEIGHBORHOOD GUIDESREAL ESTATE INVESTMENT

Christos Boubalos - poli.gr

9/30/2025

1. Where Are the Opportunities?

Central Athens: Kypseli, Pangrati, Kato Patissia – older apartments at lower entry prices.
Western Suburbs: Peristeri, Aigaleo – good transport connections with more affordable options.
Eastern Attica: Spata, Markopoulo – larger homes available, but further from the city center.

2. What Kind of Properties Can You Find Under €200,000?

Older apartments requiring renovation.
Small new-builds, usually one-bedroom units in non-prime locations.
Maisonettes in East/West Attica offering more space at a better price per square meter.

3. Investment or Homeownership?

For homeownership, these properties are suitable for younger buyers or families with a limited budget.
For investment, they can yield 5%–6% annual returns, especially if renovated and placed on the rental market.

4. “Spiti Mou” Program

Properties under €200,000 are eligible for the government-backed “Spiti Mou” scheme, which helps buyers up to 39 years old purchase their first home with favorable mortgage terms.

✅ Conclusion

While prices in Athens have climbed, opportunities under €200,000 still exist. They require proper research, professional guidance, and often a combination of purchase + renovation to maximize value.

📞 Looking for Properties Under €200,000?

At POLI Real Estate, we source and evaluate affordable opportunities across Attica, tailored to your budget and lifestyle needs.