🇬🇷 Greece

Thessaloniki

EUR 2,200/m² 6.3%

Greece's second city offers seaside living at significantly lower prices than Athens with a vibrant university culture.

City Center
EUR 3,000/m²
Rental Yield
4.4%
Salary/m²
2.3 months
Avg Salary
EUR 950/mo

Is Thessaloniki expensive?

Thessaloniki is 66% below the European average of €6,560/m² and 12% below the Greece average of €2,500/m².

At €2,200/m², it takes 2.3 months of the average local net salary (€950/mo) to purchase one square meter. Prices are currently rising at 6.3% year-over-year.

Price History

Frequently Asked Questions

What is the average price per m² in Thessaloniki?↓
The average apartment price in Thessaloniki is €2,200 per square meter as of Q1 2026. City center prices average €3,000/m².
Is Thessaloniki expensive compared to Greece?↓
Thessaloniki is 12% below the Greece average of €2,500/m².
What is the rental yield in Thessaloniki?↓
The average rental yield in Thessaloniki is 4.4%, based on an average rent of €8/m² per month and purchase price of €2,200/m².
Is Thessaloniki a good place to buy property?↓
Thessaloniki is rated "Affordable" with prices rising at 6.3%. It takes 2.3 months of average local salary to buy one square meter.

Similar Price Range

🇷🇴 Romania
Bucharest
€2,100/m²
🇷🇸 Serbia
Belgrade
€2,400/m²
🇱🇻 Latvia
Riga
€2,500/m²
🇧🇬 Bulgaria
Sofia
€1,800/m²

More in 🇬🇷 Greece

🇬🇷 Athens
€2,800/m²

Compare Thessaloniki

Thessaloniki vs Athens