Map of Recommended Neighborhoods for Investment in Athens
We invite you to put on some soothing bouzouki music in the background, take a sip of ouzo, and join us on a tour of Palou, during which we’ll dive into a journey through Athens’ diverse neighborhoods and all they have to offer
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One of the factors that can deter people from investing in real estate from afar is the inability to see the property in person and the feeling that it is “somewhere in a foreign country,” out of sight. The irony is that once this concern is addressed, an investment apartment in Greece is a golden opportunity these days—as the island nation is still “licking its wounds” following the 2008 economic crisis, which led to a dramatic drop in housing prices, particularly in the capital, Athens. At “Palmo,” we understand the natural concerns involved in investing in a property from afar, and so we’ve decided to take things a step further and organize a tour for you that includes an exclusive look—the first of its kind and scope in Israel—at all the hottest and most vibrant investment locations in Athens.
Enjoy the read!
What is the secret to Athens' charm?
Athens is a beautiful and vibrant city made up of diverse neighborhoods, each with its own distinct character—ranging from more “quiet and green” areas suited for young, affluent families, to student and young adult neighborhoods with a lively nightlife, and bohemian neighborhoods adorned with graffiti where artists, intellectuals, and writers reside. Those who live in Athens also have the privilege of living in a historical and cultural powerhouse considered a landmark in human history, where the concepts of democracy, academia, and the foundations of theater as we know it today were born. As such, the city is home to a wealth of historical monuments, such as the Acropolis (Temple of the Gods), the Parthenon, the Theater of Dionysus, the historic Agora Market, and more.
Whether it’s the youthful Kipseli neighborhood, the quiet and upscale Zografou, or the bohemian Exarchia, adorned with street art—what unites most of Athens’ neighborhoods is their consistently high rental potential and the steady rise in property values, starting from 2018 onward.
Let’s not forget that beyond being a tourist bonanza, Athens also serves as a student city, hosting an average of over 250,000 students annually, both local and international. It is also popular among digital nomads due to its vibrant character and the fact that it is a “city that never sleeps.” Digital nomads create additional potential for mid-term rentals, which can benefit apartment owners who, on the one hand, are interested in a stable income but, on the other hand, do not want a commitment that is too long-term.
So—do you like the neighborhood? We’ll leave that for you to decide…
Let’s get started.
