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Safety is the top priority for real estate buyers in Greece, say real estate experts | GTP Headlines

Safety is the top priority for real estate buyers in Greece, say real estate experts | GTP Headlines

Safety is the top priority for real estate buyers in Greece, say real estate experts | GTP Headlines

In Athens, in the Kolonaki district. Photo source: Municipality of Athens.Safety,availability of parkingandpublic transport- Key factors influencing the choice between buying or renting real estate in Greece. This was revealed by a new study conducted by the real estate agency Spitogatos, which was published this week.

The data collected by Spitogatos Insights based on 10,000 user reviews identified the neighborhoods in Athens that users rate as the safest and most comfortable.

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Among them, the following stand out:

  • Pankration
  • Kolonaki
  • No, Smyrna.
  • Kalamaki
  • Glyfada

There are also safe areas in Thessaloniki.

  • Martia
  • Hippocrates
  • Agia Triada
  • Botsari
  • Pereya

In other parts of Greece, the following regions were classified as safe:

  • Catherine
  • Trikala
  • Rhodes
  • Alexandroupolis
  • Corfu

As for the availability of public transport, the following areas in Athens received high ratings:

  • Panormu
  • Callithea
  • the area of Attica
  • Hilton area
  • Fokionos Negri
  • Agios Eleftherios
  • Argyroupoli

In Thessaloniki – Nea Paralia, Agia Triada, and Martia. One of the biggest challenges for buyers is finding parking, especially in urban conditions. According to Spitogatos, the areas in Athens and Attica that received the most favorable reviews for parking are:

  • Porto Rafti
  • Ana Iliupoli
  • Glyphada
  • Vrilissia

Access to parks, schools, markets, entertainment venues, as well as the development of infrastructure for pedestrians and pets, is also of great importance to buyers.

Meanwhile, the same study showed thatreal estate pricesin most of the mentioned areas, they vary from288,000to500,000 eurosfor an apartment with an area of 100 m² in a safe neighborhood, with access to public transport, schools, and parking spaces.

The leading areas of Athens that meet these requirements include:

  • Like Glyfada
  • No, Smyrna.
  • Kalamaki
  • Ana Iliupoli
  • Kolonaki
  • Hilton
  • Argyroupoli
  • Pankration
  • Ana Glifada
  • Vrilissia

Long-term leaseIn these Greek regions, it costs on average from9.3to17 eurosper square meter, which can ultimately amount to about1,700 eurosper month.Real estate pricesand rental prices in Greece continue to grow steadily, while the average prices for real estate sales have increased by7.2%In 2022, compared to the previous year, rental prices skyrocketed.6.7%.

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