A recent analysis by Elxis – At Home in Greece reveals significant variations in Greek property prices, with Serres offering the most affordable homes at $99.25 per square foot. This makes it the top destination for budget-conscious buyers, where a typical two-bedroom home averages under $100,000. Other affordable areas include Drama, with a slightly higher per-square-foot cost but lower overall property prices, and Thasos and Kavala, offering mid-range options. In contrast, Achaia stands out with the highest average house price, despite a moderate per-square-foot cost, indicating larger or more luxurious properties.
Conversely, areas like Andros command the highest per-square-foot prices, reaching $385.25, suggesting a premium market. Meanwhile, regions such as Thessaloniki and Chalkidiki also present higher costs, reflecting their popularity and potential for investment. The study emphasizes the diverse real estate landscape in Greece, allowing potential homeowners to choose based on their financial capabilities and lifestyle preferences, from the affordable Serres to the more upscale islands and urban centers.
| Rank | Area | Average price per square foot | Average total price of a two bedroom, two bathroom house |
| 1 | Serres | $99.25 | $96,999 |
| 2 | Drama | $105.61 | $83,440 |
| 3 | Achaia | $185.13 | $521,500 |
| 4 | Thessaloniki | $215.94 | $338,975 |
| 5 | Thasos | $231.16 | $176,892.80 |
| 6 | Kavala | $232.42 | $177,161 |
| 7 | Chalkidiki | $287.32 | $252,595.64 |
| 8 | Arcadia | $313.58 | $225,983.33 |
| 9 | Ithaca | $349.63 | $408,856 |
| 10 | Andros | $385.25 | $292,040 |
A spokesperson for Elxis – At Home in Greece said, “Many of the most affordable homes are scattered across the region of Macedonia, the largest and second-most-populated region of Greece. This indicates there are a variety of options when moving to the country.
“These prices can be helpful for those who might be looking to escape the hustle and bustle of the everyday life in America and wanting to slow down, such as people near the retirement age, parents taking children away during summer break, or people wanting a second home in the warm Greece weather.”