Rising Rents and Property Prices Strain Greek Entrepreneurs

The steady rise in property prices and rents for office and retail spaces across Greece continues to tighten the noose around thousands of professionals and small business owners, many of whom are struggling to stay afloat.

Demand remains strong, particularly for high-quality properties located in high-visibility or tourist-heavy areas. However, small and medium-sized enterprises are finding it increasingly difficult to secure affordable leases in such zones.

According to provisional data from the Bank of Greece, the average sale price of prime office space nationwide rose by 4.9% in 2024 compared to the previous year. That figure follows a similar uptick of