New Apartments in Europe Under €150K in 2025? Athens Proves It's Still Possible
Yes, and this guide proves it. With rising real estate prices across the EU, the idea of buying a brand-new apartment under €150K may seem far-fetched. But opportunities still exist in select cities. In this first edition of our new 10-part series, we focus on Athens, Greece - one of Europe’s last affordable capitals.
We analyzed over 30 publicly available listings from different developers in Athens, reviewing location, pricing, size, and estimated yield. This article is not sponsored and does not promote specific projects. It offers an independent look at real developments that fall within a €150,000 budget cap.
To compare Athens to other low-budget opportunities, explore our article on where in Europe can you buy a house for less than 100,000 Euros in 2025.
Why 2025 Is the Best Time to Buy New Build Apartments in Athens
Athens remains a unique opportunity for value-oriented investors in 2025. The city combines a vibrant cultural identity with solid infrastructure, Mediterranean climate, and a recovering property market. With over 3.2 million residents and a constant inflow of tourists, demand for both short- and long-term rentals is high.
Add to that a growing number of energy-efficient developments and expanding metro connections, and you have a city poised for continued urban growth.
To better understand the broader market impact, read about how foreign investment affects local housing markets in Europe.
Athens Property Prices in 2025: Average Cost of New Build Apartments
According to our research, the average price for new apartments in Athens in 2025 is approximately €4,450 per square meter, based on a sample of 30+ real listings. For a budget under €150,000, buyers can typically find:
Studio and 1-bedroom apartments ranging from 20 to 45 m²
Located in areas like Dafni, Piraeus, Kallithea, and Kypseli
Delivered fully furnished or in turnkey condition
With gross rental yields estimated at 5% to 6% annually
These listings appeal to foreign investors, digital nomads, and students seeking affordable European homes in a capital city.
Some of the Best-Located and Most Affordable New Build Apartments in Athens Under €150K (2025)
1. Laurel Serviced Apartments (Dafni) - €110,000
24 m² fully furnished studios for €110,000 in Dafni with a 6% net guaranteed yield (according to the developer). 2025 delivery. 600m from metro.
Located in the rapidly evolving district of Dafni in south-central Athens, Laurel Serviced Apartments is a new micro-apartment project by DKG Development, designed specifically for hands-off property investors. The development consists of a compact three-story building with 19 fully furnished studio apartments, all designed to offer hotel-like living in a residential setting. Each unit measures around 24 m² and is delivered turnkey with designer interiors, built-in wardrobes, kitchen appliances, and stylish furnishings. One of the available units is listed at €110,000.
The project is scheduled for completion in 2025. It is just 600 meters from the Dafni metro station, putting residents within a 10-minute commute to the Acropolis Museum and the historic city center. Local infrastructure includes supermarkets, cafes, parks, and gyms within walking distance.
DKG offers a 10-year rental management contract with a net yield of 6% annually, extendable by two 5-year terms. Investors can also opt to resell during the contract, with potential capital gains up to 35% ROI.
For more information, visit the official listings: Laurel Apartments – Realting, Developer Page.
2. Buena Vista Micro-Apartments (Piraeus) – €150,000
22 m² furnished units starting at €150,000 in port-side Piraeus. Sea views, 2025 delivery, ideal for rentals.
Buena Vista is a newly developed residential project by Londonist Investments, located in Piraeus, a dynamic port district of Athens. The development offers compact, fully furnished micro-apartments starting from 22 m², with prices beginning at €150,000. Each unit includes built-in furniture, private bathroom, kitchenette, and modern finishes - ideal for students, professionals, or buy-to-let investors targeting the rental market.
Set for delivery in 2025. Upper-level units offer sea views, which is uncommon in this price range. Local infrastructure includes access to daily amenities and education centers, such as a government primary school, a supermarket, and the University of Piraeus.
The location offers easy access to metro, bus lines, and ferry terminals, making it attractive for both locals and visitors. It’s part of a wider Piraeus growth zone tied to port expansion.
More details: Londonist Investments – Buena Vista.
3. Kypseli Golden Residence – €121,962
Compact 20 m² studio for €121,962 in Kypseli. Artsy, student-friendly district. Completion: January 2026.
Kypseli Golden Residence is a project by Londonist Investments, located in the artistic and revitalizing neighborhood of Kypseli. It offers compact, functional apartments, ideal for owner-occupiers or property investors seeking efficient layouts.
Among the available options is a 20 m² studio priced at €121,962. The apartment is well-suited for daily living or rental purposes. Completion is expected in January 2026. The location offers access to cafes, groceries, cultural spaces, and public transport - with a metro station nearby providing fast access to central Athens.
Kypseli is known for its creative vibe and is increasingly popular among students, remote professionals, and young couples looking for affordable, community-oriented living in Athens.
More information and apartment layouts: Kypseli Golden Residence – Londonist Investments.
4. Allure Suites (Kallithea) - €145,000
26 m² Class A+ energy studio for €145,000. Kallithea location, 2025 completion, strong infrastructure.
Allure Suites is a project by DKG Development in Kallithea - a densely populated district with strong rental demand and expanding infrastructure. The building consists entirely of studio apartments, including one of 26 m² priced at €145,000.
Expected completion is 2025. The project features a modern facade, lift, balconies, and designated parking spaces. Apartments meet Class A+ energy standards and include modern finishes. It is located just 100 meters from metro and train stations, ensuring quick access to Athens' center.
Nearby amenities include bus stops, pharmacies, bakeries, and parks. This project is ideal for maritime professionals, students, and short-term vacationers.
More details: Allure Suites – DKG Development.
5. Skyway Residences (Piraeus) - €141,000
45 m² apartment for €141,000 near Piraeus Gate redevelopment. Completion: 2027. Long-term ROI potential.
Skyway Residences is a mixed-use project by DKG Development in Piraeus. It includes residential apartments and ground-floor commercial premises, offering both utility and investment appeal.
The area is undergoing the Piraeus Gate redevelopment - an 85,000 m² urban transformation aiming to turn the port district into a premium business and housing hub.
The building offers modern design and everyday living amenities. It is located 1.3 km from the nearest metro station with connections to Athens’ core. Infrastructure includes a pharmacy, cafes, bakeries, schools, and the University of Piraeus. This project is ideal for investors focused on appreciation potential and long-term growth.
More details available here: Skyway Residences – Realting, Developer Page.
Comparison Table: Athens Apartments Under €150K
<table> <tbody> <tr class="blue-row" > <td><strong>Project</strong></td> <td><strong>Price</strong></td> <td><strong>Size</strong></td> <td><strong>Completion</strong></td> <td><strong>Area</strong></td> <td><strong>Yield Potential</strong></td> </tr> <tr> <td>Laurel Apartments</td> <td>€110,000</td> <td>24 m²</td> <td>2025</td> <td>Dafni</td> <td>6% (according to the developer)</td> </tr> <tr> <td>Buena Vista (Piraeus)</td> <td>€150,000</td> <td>22 m²</td> <td>2025</td> <td>Piraeus</td> <td>~5.5%</td> </tr> <tr> <td>Kypseli Golden Residence</td> <td>€121,962</td> <td>20 m²</td> <td>2026</td> <td>Kypseli</td> <td>~5%</td> </tr> <tr> <td>Allure Suites</td> <td>€145,000</td> <td>26 m²</td> <td>2025</td> <td>Kallithea</td> <td>~5.2%</td> </tr> <tr> <td>Skyway Residences</td> <td>€141,000</td> <td>45 m²</td> <td>2027</td> <td>Piraeus</td> <td>~5.5%</td> </tr> </tbody> </table>Why Foreign Investors Are Targeting Greek Real Estate in 2025
Athens remains one of Europe’s best-kept secrets for budget real estate investment. Foreign buyers benefit from:
Low entry prices for a capital city
Favorable rental demand and improving yields
Developer-backed rental guarantees
No restrictions for EU citizens; simplified process for non-EU investors
Before making a purchase, make sure to account for all transaction-related expenses. For a breakdown of fees and taxes, read our guide on hidden costs when buying property in Greece.
However, please note: all listings and investment opportunities featured here are sourced from public real estate platforms. We do not verify the reliability or legal status of any particular project. Always consult a local real estate expert or legal advisor before making a purchase decision in Greece.
Final Thoughts: Is Athens the Best Budget Market in Europe?
Athens stands out in 2025 as one of the best cities in Europe to buy new build apartments under €150,000. With real projects, growing neighborhoods, and respectable returns, it deserves serious attention from property investors.
Want to explore property markets across Europe? Visit our Countries section for real estate prices, rental yields, tax rules, legal tips, and property buying guides by country.