Thessaloniki Among Europe’s Best Property Bargains, According to Forbes
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In a recent Forbes article titled “5 European Towns Where You Can Buy Property For Under $100,000” (published May 20, 2025), Thessaloniki was highlighted as one of the top destinations in Europe for affordable real estate investment. The listing emphasizes the city’s unique combination of accessibility, scale, and investment potential—particularly attractive for foreign buyers and first-time investors.
Despite the Rally in Greek Real Estate, Prices Remain Competitive
Over the past several years, Greece has seen a significant surge in property prices—a rebound largely driven by the steep decline that occurred during the financial crisis. While values have risen considerably, they remain substantially lower than the European average. In fact, real estate in Northern Greece, and especially Thessaloniki, is still far more affordable than in many neighboring countries.
This is particularly noteworthy when considering that Thessaloniki:
- Is a city of over 1 million inhabitants
- Lies within a European Union member state
- Hosts year-round tourism
- Is undergoing major infrastructure and private investment projects
Such factors not only reinforce its current appeal but also signal strong long-term growth potential, making it one of the most undervalued urban real estate markets in Europe.
Top 10 Properties Under €100,000 in Thessaloniki
Building on the Forbes spotlight, we’ve curated our own Top 10 real estate opportunities currently available in Thessaloniki, all priced below €100,000. These listings represent a mix of central apartments, suburban flats with rental potential, and renovation-ready properties—ideal for investors, expats, or digital nomads seeking value and growth.
No1/ Fully Renovated Studio, Botsari
This completely renovated 22 sqm studio is located on the 2nd floor of a building with an elevator, just a few steps away from the upcoming Thessaloniki Metro station.
Ideal for both long-term residence and short-term rentals (e.g., Airbnb), the property offers a smart investment opportunity in one of the city’s most up-and-coming neighborhoods.
Νο2/ Minimalist City Studio – Ippokrateio
A beautifully renovated studio of 25.8 sqm, located on the 1st floor of a neat low-rise building in the heart of Thessaloniki.
Featuring a bright open layout with kitchen, bathroom, and a quiet courtyard-facing balcony, this compact space is thoughtfully equipped with modern finishes, double-glazed windows, A/C, and natural gas heating.
Sold fully furnished and move-in ready — ideal for city living or as a smart investment.
Νο3/ Cozy Renovated Studio – Botsari
Bright and fully renovated 25 sqm studio on the 1st floor, with balcony and clean modern finishes.
Equipped with A/C, appliances, and double-glazed windows.
Ideally located near shops, schools, and public transport — perfect for city living or investment.
Νο4/ Renovated Ground Floor Apartment – Martiou
Fully renovated 45 sqm apartment with 1 bedroom, open-plan living area, bathroom, and private courtyard.
Comes fully furnished with modern appliances, inverter A/C, and double-glazed windows.
Prime location near shops, dining, and just 500m from the metro – ideal for comfortable living or rental investment.
No5/ Stylish Ground Floor Apartment – Martiou
Fully renovated 45 sqm apartment with 1 bedroom, open-plan kitchen-living area, bathroom, and private courtyard.
Features inverter A/C, double-glazed windows, and comes fully furnished with modern appliances.
Located just 500m from the metro, close to shops and transit — a prime investment opportunity.
No6/ Brand-New Studio – Kato Toumba
Under construction: Bright 21 sqm studio on the mezzanine floor of a newly built development with elevator.
Open-plan layout with kitchen-living area, bathroom, and modern finishes, including double-glazed windows, natural gas heating, and security door.
Ideally located just 300m from the metro, with direct access to buses, supermarkets, and local shops — a smart urban investment in a fast-growing area.
No7/ Modern New-Build Apartment – Thermi
Under construction: Stylish 28.2 sqm , 1st-floor apartment in a high-aesthetic building with sleek architecture and top-tier energy performance (A+ rating).
Features a spacious kitchen-living area, bathroom, underfloor heating & cooling (heat pump), solar water heater, large balconies, and pre-installed smart home systems.
Includes private storage and parking space.
Located in a peaceful area just steps from Thermi’s center, with easy access to shops, services, and the ring road.
Estimated delivery: early 2026 — an ideal choice for modern, efficient living.
No8/ Renovated Studio with Balcony – Antigonidon Sq.
Fully furnished and luxuriously renovated 23 sqm studio, on the 2nd floor with elevator.
Features an open-plan kitchen-living area, balcony with front-facing views of Mavili Square, and high-end finishes including Kommerling energy-efficient windows, natural gas heating, A/C, and built-in appliances.
Located in an up-and-coming neighborhood just 250m from the new metro and close to trendy cafés and bars — a vibrant hub for students and tourists alike.
Estimated rental yield: 7–9% (short-term), 4–6% (long-term).
No9/ Corner Studio with Natural Light – Faliro, Fleming
Bright and fully renovated corner studio (29 sqm / net 26 sqm) on the 3rd floor of a well-maintained building with elevator.
Features open-plan kitchen-living area, bathroom, and front-facing balcony, with plenty of natural light, air conditioning, natural gas heating, and energy-efficient windows.
Sold fully furnished and equipped.
Located just 150m from the metro, in a vibrant central area with shops, eateries, and excellent transport links.
Ideal investment with high rental return.
No10/ Bright Top-Floor Apartment – Kato Toumba
30 sqm apartment on the 3rd floor of a 1979 building, featuring one bedroom, open-plan kitchen-living area, and bathroom.
Includes security door, energy-efficient windows, A/C, and gas installation for individual heating.
Centrally located on a main street, near shops, dining options, and public transport.
Address
East office) Leoforos Konstantinou Karamanli 197
East Thessaloniki,
Center office) Agias Sofias 10,
Center Thessaloniki
Phone
+30 698 4676 438 (GR)
+31 657 533 387 (NL)
xn@arthome-realestate.gr
christosnikolla93@gmail.com