If you’re looking to purchase property in Greece without breaking the bank, look no further than Kastoria. According to data published by Spitogatos, one of the country’s leading real estate platforms, Kastoria tops the list as the most affordable city in Greece for homebuyers in 2025.
The platform reports that the average asking price per square meter in Kastoria is just €518. That means a 100-square-meter home can be purchased for under €65,000–70,000, depending on additional features and amenities. To put the affordability in even sharper perspective, a recent search on the platform reveals listings for spacious detached homes of 238 square meters priced as low as €70,000—a rare find in today’s housing market.
Kastoria is a magnificent lakeside city in northwestern Greece with a rich history dating back to Byzantium.
The capital of the Western Macedonia Prefecture, with the same name, Kastoria, is one of the most ambient cities in Greece, where the beautiful landscape is an integral part of the urban fabric.
The magnificent mansions built by wealthy merchants all across the city are proof of its great prosperity, as it has developed a strong economic and cultural identity thanks to the fur industry.
Trailing Kastoria—but still among the most budget-friendly areas—are cities like Kozani, where the average asking price per square meter stands at €625, followed by Florina, Kilkis, and Karditsa. These regions offer similarly attractive options for buyers looking for space at lower-than-average costs.
While places like Kastoria offer exceptional deals, the broader Greek real estate market has seen notable upward trends. The Spitogatos Property Index (SPI), which analyzes millions of real listings, recorded significant increases in both rental and sales prices during the first quarter of 2025.
According to the Global Property Guide, Greek house prices continue to accelerate due to high demand from foreign homebuyers. There is also increased construction activity that goes along with a gradual economic growth.
Based on Bank of Greece research, the main driving force behind increasing house prices is rising construction costs. Simultaneously, the Golden Visa program and annual increase in tourist arrivals also correspond to a growth in the construction sector and hence housing prices.
Despite this general rise in property values across Greece, cities like Kastoria remain outliers, offering affordable opportunities in an otherwise heating market.
