Thessaloniki, Greece
Property prices · 2026 · Europe · Price +3.4% vs 2025
Property price trend in Thessaloniki (2024–2026)
Property comparison — cities in Greece (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Thessaloniki |
|---|---|---|---|---|
| Thessaloniki | EUR 1,935 | EUR 1,182 | EUR 591 | — |
| Athens | EUR 3,424 | EUR 2,247 | EUR 856 | +77% |
Other Europe cities (2026)
Frequently asked questions
How much does property cost in Thessaloniki in 2026?
In Thessaloniki, the average price per sqm in the city centre is EUR 1,935, and EUR 1,182 outside the centre (2026 data). Prices have risen 7.5% since 2024.
How much is rent in Thessaloniki in 2026?
A 1-bedroom apartment in Thessaloniki rents for approximately EUR 591 per month in 2026. A 3-bedroom apartment costs around EUR 968/month.
Is it better to buy or rent in Thessaloniki?
Buying and renting are roughly comparable in Thessaloniki. The price-to-rent ratio is 16.0x — it would take approximately 16.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.00%.
What are mortgage rates in Greece in 2026?
The average mortgage rate in Greece is approximately 4.00% as of 2026. With a price-to-rent ratio of 16.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Thessaloniki changed?
Property prices in Thessaloniki have changed +3.4% vs 2025. Since 2024, prices have increased by 7.5%. Use the year tabs above to compare prices across years.
What is the price per sqm in Thessaloniki?
The average property price per square metre in Thessaloniki city centre is EUR 1,935 in 2026. Outside the centre, expect to pay around EUR 1,182/sqm.