Thessaloniki property prices and rental yields
Area of Kentriki Makedonia, Greece
Home prices in Thessaloniki rose 6.5% a year on average from 2016 to 2025, the fastest of 7 areas in Kentriki Makedonia. Renting out on 12-month lets earned a gross yield of 4.8% of the price a year, falling from 6.0% in 2016 to 3.6% in 2025 as prices outpaced rents. A square metre cost €1,899 in 2025 (18% above the Kentriki Makedonia level of €1,606).
Updated 2026-10-28 · Data 2015–2026 so far
Price growth by year
% change on the year before
How Thessaloniki compares
Questions
What is the average property price per m² in Thessaloniki?
€1,899 per m² in 2025, from Spitogatos (listing portal).
How much have property prices risen in Thessaloniki?
+6.5% a year on average from 2016 to 2025, and 0.0% in 2026 so far.
What rental yield can you get in Thessaloniki?
4.8% of the price a year on average for 12-month lets in 2016–2025, and 3.6% in 2025. These are gross figures, before costs, fees, empty months and tax.
Sources
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