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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 4 sources · 9 days · First seen · Last updated

Greek real estate and hospitality investment trends

Overview

The Greek real estate market, particularly in Athens, has demonstrated significant growth and transformation. Throughout 2025, commercial real estate prices rose, with high-end office prices in Athens increasing by 7% and high-end retail spaces rising by 5.3%. Demand has been concentrated on Grade A properties in the city center, where rents reached approximately 31 euros per square meter.

This trend has extended into the hospitality sector, characterized by a surge in hotel investments. Major projects include the 36 million euro conversion of the historic Sliman-Mela Mansion into a five-star hotel by the Mitsis Group. This ongoing urban transformation reflects a decade-long shift in the city center as international and domestic groups expand their hotel portfolios.

Entities

Athens · Thessaloniki · Sliman-Mela Mansion · Danos · Bank of Greece

Timeline

  1. 22 days ago

    [BUSINESS] 4 sources
    Athens sees hotel investment surge and seasonal security concerns

    Athens is seeing a major hotel investment boom, including the 36-million-euro conversion of the Sliman-Mela Mansion, amid seasonal concerns regarding residential burglaries in the Attica region.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Greece commercial real estate prices rise in 2025

    Greek commercial real estate saw rising prices in 2025, led by a 7% increase in high-end office values in Athens. Demand is shifting toward energy-efficient Grade A properties in prime urban locations.

Sources

capital.gr · ethnos.gr · maps.in.gr · rpn.gr