15 Greek cities with rental yields of up to 8.8%. Should I invest? (9 tips)

In a June 2025 Capital.gr opinion article, Ilias Papageorgiadis uses Spitogatos asking-price data for older 60-square-metre homes in 15 Greek cities. The reported yields reach 8.8%. The figures refer to October 2024 asking prices, so they are neither current quotations nor guaranteed net returns.

Lower entry prices can make rent look attractive relative to purchase price. But a smaller city is not one uniform market: its employment base, student population, internal migration and availability of competing homes can change the prospects street by street.

The article argues for studying where people are moving, how easily a home could be let or resold, and whether a central location would reduce letting risk. It also points to the practical value of local contacts for management and maintenance. Lower property tax in some areas may help net returns, but should be weighed against costs and vacancy.

Our view: compare like with like. Model a realistic negotiated purchase price, renovation budget, tax, annual running costs, vacancy and a conservative future rent. A high advertised yield should prompt more diligence, not a faster commitment.

For the complete city comparison and the author's nine pieces of advice, read the original Capital.gr article linked below. The original is an opinion piece; the observations here are GR Investor commentary, not a translation or republication of its text.