Study Reveals Safety as Key Concern for Property Buyers in Greece

Safety, access to public transport, parks and schools, as well parking availability are the top consideration for those thinking about buying property in Greece.

Property buyers in Greece prioritize safety above all else, according to a report released this week by real estate website Spitogatos.

The nationwide study analyzing feedback from 10,000 site users, identified safety, access to parking and public transport as primary factors influencing real estate purchase decisions.

In Athens, neighborhoods like Pangrati and Kolonaki, and the suburbs of  Nea Smyrni, Kalamaki, and Glyfada were cited for instilling a strong sense of security. Other areas in Greece mentioned were Trikala, Rhodes, Katerini, Alexandroupolis, and Corfu.

Access to public transport also weighed heavily in decision-making when property investments are concerend with areas like Panormou in Athens and suburb Kallithea standing out.

Parking availability particularly in city centers was also a consideration among Spitogatos users. Areas getting thumbs up include Ano Ilioupoli, Glyfada, Vrilissia, and further away the coastal town of Porto Rafti.

Additionally, according to user feedback, buyers also sought easy access to parks and schools as well as neighborhoods with pedestrian walkways.

Current property prices in safe, well-connected neighborhoods range from 288,000 euros to 500,000 euros for a 100m² home. Areas meeting these criteria included Kolonaki, Kato Glyfada, and New Smyrni. Rents in these neighborhoods averaged between 9.3 and 17 euros per square meter, reflecting the increasing demand and steady rise in property prices and rents across Greece.

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