Real Estate in Thessaloniki, Greece

"Finding a place to live in Thessaloniki, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger house, depending on your needs and financial situation. Next, you should research the different neighborhoods in Thessaloniki to find one that suits your lifestyle and preferences. Some popular areas include the city center, the Ano Poli (Upper Town), and the coastal areas. Each neighborhood has its own unique character and amenities, so it's important to visit them in person if possible. Once you've identified your preferred neighborhood, you can start looking for available properties. There are several online platforms where you can find listings, such as Spitogatos, XE, and HomeGreekHome. These websites allow you to filter properties by location, price, size, and other features. In addition to online listings, you can also work with a local real estate agent. They can provide valuable insights about the local market and help you navigate the process of renting or buying a property in Greece. Make sure to choose an agent who is registered with the Greek Association of Real Estate Agents to ensure they are reputable and reliable. When you find a property you're interested in, arrange a viewing with the landlord or real estate agent. This is your opportunity to inspect the property and ask any questions about the terms of the lease or sale. Finally, once you've found the perfect place, you'll need to sign a contract and pay any necessary deposits or fees. In Greece, it's common to pay a security deposit equivalent to one or two months' rent. If you're buying a property, you'll also need to pay for notary fees, transfer tax, and legal fees. Remember, finding a place to live in a new city can take time, so be patient and don't rush the process. With careful planning and research, you'll be able to find a great home in Thessaloniki," said one expat in Thessaloniki.

"A typical expat home or apartment in Thessaloniki, is often located in the city center or in the suburbs, depending on the individual's preference for city life or a more relaxed environment. These homes are usually modern and well-maintained, with a blend of traditional Greek architecture and contemporary design. They often feature spacious living areas, fully equipped kitchens, and one to three bedrooms. Many apartments offer balconies or terraces with views of the city or the sea. The homes are often furnished, but unfurnished options are also available for those who prefer to bring or buy their own furniture. They usually come with essential appliances such as a refrigerator, oven, and washing machine. Some upscale apartments may also include amenities like air conditioning, heating systems, and even a fireplace. In terms of the neighborhood, expat homes in Thessaloniki are often close to local amenities such as supermarkets, restaurants, and cafes. They are also usually within easy reach of public transportation links, making it convenient for expats to commute to work or explore the city. Some apartments may also come with a parking space, which is a valuable feature in the busy city. For those who prefer a quieter lifestyle, there are homes available in the suburbs or in the countryside surrounding Thessaloniki. These homes often come with larger outdoor spaces, including gardens or even a swimming pool. They offer a peaceful retreat from the city, with stunning views of the surrounding mountains and sea. Regardless of the location, a typical expat home in Thessaloniki offers a comfortable and convenient base for exploring this vibrant and historic city," explained one expat living in Thessaloniki, Greece.

"The average cost of housing in Thessaloniki can vary greatly depending on the location and size of the property. For instance, in the city center, the average monthly rent for a one-bedroom apartment can be around €300 to €400, while a three-bedroom apartment can cost around €600 to €800 per month. If you're looking to buy, the average price per square meter for an apartment in the city center is approximately €1,500 to €2,000. However, prices can be significantly lower in the outskirts or in less popular areas of the city," explained one expat living in Thessaloniki, Greece.

"The decision to buy or rent a home in Thessaloniki, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Thessaloniki for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting might be a better option if you're not planning to stay in Thessaloniki for a long time. Renting offers more flexibility, as you can move more easily if your circumstances change. It also means you won't have to worry about property maintenance and other responsibilities that come with homeownership. Financially, buying a home requires a significant upfront cost, including a down payment and closing costs. You'll also need to consider ongoing costs like mortgage payments, property taxes, insurance, and maintenance. Renting, on the other hand, typically involves lower upfront costs and the monthly rent may also include some utilities, which could make budgeting easier. However, the rental market in Thessaloniki can be competitive, and finding a suitable rental property might be challenging. Buying a home would give you more control over your living situation, but it's a significant financial commitment. In conclusion, whether you should buy or rent a home in Thessaloniki depends on your financial situation, how long you plan to stay, and your personal preferences. It's important to carefully consider all these factors before making a decision," remarked one foreigner who made the move to Thessaloniki.