The New Piraeus Metro Line — Impact on the Real Estate Market
10.2.2025 · 4 min read
How the metro extension to Piraeus is redrawing the investment map around the port area and creating new opportunities.
The Greek real estate market continues to show significant growth, with property prices in Athens rising by an average of 8% over the past year. Growing demand from foreign investors, combined with government programs designed to encourage investment, creates an attractive environment for international buyers.
Key Opportunities
The areas attracting the most investment include central Athens, Piraeus and the southern suburbs. Each area offers its own profile — from relatively low entry prices in the city center to exceptionally high yields around the port.
In recent years, neighborhoods such as Votanikos, Kypseli and Ilioupoli have become favorites among international investors — thanks to a combination of accessible entry prices, significant upside potential and strong rental yields.
What Comes Next?
The outlook for the coming years is optimistic. Major infrastructure projects, metro line extensions and urban renewal programs are expected to keep driving real estate prices upward — especially in areas still in the early stages of development.
The Cardo X team continues to monitor market developments closely and offers investors professional guidance at every stage — from selecting the property to managing the rental.