Student Housing in Greece: Returns and Opportunities in Major Cities

Greece has become one of Europe’s most promising destinations for student housing investments. With limited modern supply, strong domestic demand, and a steady increase in international students, small apartments near universities now represent one of the most attractive entry points into the Greek real estate market.

Christos Boubalos - poli.gr

10/6/2025

1. Why Demand Keeps Rising

Chronic shortage of quality housing near universities — especially in Athens, Thessaloniki, Patras, and Crete.
Rising rents: Prices for small apartments have increased by up to 20% in the past three years.
International students and Erasmus programs: Growing numbers of foreign students seek modern, furnished, energy-efficient apartments for short- to mid-term stays.

2. What Type of Properties Perform Best

Studios or 1-bedroom apartments (25–45 sq.m.) close to universities or metro lines.
Fully renovated units with modern design, safety features, and low energy consumption.
Furnished apartments — ready to rent immediately with minimal maintenance.

3. Typical Investment Yields

CityAverage Purchase Price (€ / sq.m.)Average Monthly Rent (€)Annual Gross YieldAthens€2,500–€3,000€500–€6005%–6%Thessaloniki€2,000–€2,400€450–€5505.5%–7%Patras€1,800–€2,200€400–€5006%–8%Crete / Ioannina€1,700–€2,000€380–€4806%–8%

👉 Returns are even higher for fully renovated and energy-efficient apartments.

4. What Investors Should Pay Attention To

Location accuracy: Within 10–15 minutes of a university or public transport.
Building quality: Student tenants cause more wear and tear — durable materials are key.
Stable demand: Focus on cities with multiple universities and consistent student flow.
Professional management: For foreign owners, using a local property management company ensures higher occupancy and peace of mind.

5. Future Outlook

The lack of new small-unit construction keeps supply tight and rental yields strong.
Private universities and international programs are expanding rapidly, bringing in more foreign students.
Renovated, energy-efficient buildings will dominate the market and appreciate faster.

✅ Conclusion

Student housing is one of Greece’s most stable and profitable real estate segments. For foreign investors, it offers:

Low entry cost compared to other EU capitals,
Predictable income and high occupancy,
Strong appreciation potential in the coming years.

In a market where demand keeps growing and modern supply is limited, student apartments remain one of the smartest property investments in Greece.

📞 Looking to Invest in Student Housing in Greece?

At POLI Real Estate, we specialize in identifying high-yield student properties near top universities and handling the full process — from acquisition to rental management.