Greece’s residential market is increasingly being shaped by demand for smaller urban homes. According to recent data processed by ReDataset of the RCG group and cited in the latest IOBE Bulletin on Private Debt in the Economy, compact apartments have led price growth in several parts of Athens, with annual increases reaching as much as 7.9% in the western and southern suburbs.
The pattern reflects a practical shift in housing demand. Smaller apartments typically carry a lower total purchase price, making them more accessible to buyers facing higher borrowing and living costs. They can also suit the changing structure of urban households, particularly one-person households, which have become more numerous even as Greece’s total population declines.
For owners and investors, the data reinforce the strategic importance of well-located, functional smaller homes. Properties close to transport, employment centres, universities and everyday amenities are likely to remain attractive to both owner-occupiers and tenants. The trend also underlines the value of thoughtful renovation: efficient layouts, energy performance and move-in-ready condition can be decisive where buyers are comparing smaller units.
For the wider market, the development signals that affordability is becoming a stronger driver of demand than floor area alone. While prime and larger properties retain their own buyer base, the strongest momentum is increasingly concentrating in homes that match the budgets and lifestyle needs of today’s urban households.
Source: eKathimerini, “Small apartments lead housing market price gains”, Nikos Roussanoglou, 7 August 2026.
Original source URL: https://www.ekathimerini.com/economy/real-estate/1311890/small-apartments-lead-housing-market-price-gains/
