Location and Unique Setting
Piraeus is located on the southern coast of Attica and is essentially part of Greater Athens. It is the country’s main seaport and one of the largest in the Mediterranean. Thanks to its transport connections, metro, and sea routes, Piraeus plays a key role in the economy and tourism of Greece.
Real Estate in Piraeus
The Piraeus real estate market is actively developing: here you can find both older apartment buildings with affordable flats and modern residential complexes with sea views. Apartments near the harbor, Pasalimani promenade, and the Mikrolimano area are particularly popular.
Advantages for Living
- Maritime atmosphere: promenades, restaurants, yacht clubs, and cultural venues.
- Excellent transport accessibility: metro, bus routes, ferry lines to the Aegean islands.
- Developed infrastructure: schools, universities, healthcare facilities, shopping centers.
- Proximity to Athens (15–20 minutes to the city center).
Investment Potential
Piraeus is a promising area for investment. Its development is linked not only to maritime trade but also to the growth of tourism, modernization of the port, and construction of new residential and commercial projects.
- Long-term rentals are in demand among professionals and students.
- Short-term rentals are popular with tourists and cruise passengers.
Comparison with Other Areas of Athens and Greece
| Region/Area | Average price per m² | Advantages | Investment outlook |
|---|---|---|---|
| Piraeus (Athens) | ~€2,800–3,200 | Port, transport hub, maritime atmosphere | Medium, growing |
| Pagkrati (Athens) | ~€3,200–3,800 | Central area, rentals, cultural life | High |
| Mets – Kallimarmaro (Athens) | ~€4,000–4,500 | Historic center, prestige, Acropolis views | Very high |
| Glyfada (Athens Riviera) | ~€5,000–6,000 | Coastline, elite residences, prestige | High |
| Thessaloniki (center) | ~€2,500–3,000 | Second city of Greece, student demand | High (rentals) |
Why Piraeus
Piraeus stands out for its combination of affordable prices and growth prospects. It is an area with a rich history, maritime atmosphere, and modern renovation projects. Investors see in Piraeus a balance between entry price and long-term opportunities—especially thanks to the development of the port and tourism infrastructure.
Conclusion
Buying real estate in Piraeus (Attica, Athens – Piraeus) is an investment in an area with a maritime character, convenient infrastructure, and strong growth potential. It is one of the few places in Attica where affordable prices are combined with strategic importance for the entire country.
