Rental prices on the Athens Riviera: How much does a 100 sq.m. home cost from Faliro to Voula?
How much it costs to rent a home in Palaio Faliro, Alimos, Glyfada, Ano Glyfada, and Voula: Prices and the overall picture for homes and rental rates in the coastal southern suburbs (average rental price for a 100 sq.m. property).
- 03/11/2025, 15:06
Rental prices in the southern suburbs are currently among the highest in the market. According to data from the Spitogatos platform, the average asking prices in the third quarter of 2025 recorded an increase of 7.2% compared to the third quarter of 2024, while they remained relatively stable compared to the second quarter of 2025.
Based on the same data, the most expensive areas to rent a property in Attica are Vouliagmeni and Voula on the Athens Riviera, the Kolonaki–Lykavittos area in central Athens, and Filothei and Palaio Psychiko.
NouPou, drawing both from rental data on the Spitogatos platform and insights from real estate professionals, attempted to outline the general picture for five areas in the Southern Suburbs of Athens: Palaio Faliro, Alimos, Glyfada, Ano Glyfada, and Voula. These areas were selected mainly because they offer greater residential property availability due to their urban layout—unlike Vouliagmeni, for instance, which has completely different characteristics and limited housing availability, largely due to the very low building coefficient in the area.
The properties examined are apartments of around 100 square meters—sizes that can meet the needs of an average family.
Palaio Faliro: Mostly renovated, fewer newly built
In Palaio Faliro, renovated apartments are in high demand, with rental prices (for approximately 100 sq.m.) ranging from €850 to €1,300. Indicatively, recent Spitogatos listings for renovated apartments show asking rents of €850, €950, €1,050, €1,250, and €1,300, depending on the exact size, view, and proximity to the sea.
Newly built properties in Palaio Faliro, as expected, command higher rents, reflecting both their modern specifications and the rarity of finding new builds in a mature market with very few available plots. According to recent listings on Spitogatos, asking prices for newly built homes are significantly higher than those for renovated ones (with an average around €1,500), confirming both the demand and the limited availability of new developments.
Alimos: The effect of The Ellinikon investment on prices
In Alimos, rental prices for renovated apartments remain high, with recent listings for 100 sq.m. homes showing asking prices such as €950, €1,100, and €1,300, depending on the specifications and location of each property. The area is seeing strong interest due to its coastal position and proximity to The Ellinikon.
Wide variations (but generally high prices) in Glyfada
Glyfada—and especially Ano Glyfada—shows wide variations in price depending on the type of property. For renovated apartments, indicative prices range from €1,100 to €2,600, with the higher end corresponding to a fully renovated luxury property of 100 sq.m. Newly built properties are priced even higher, with listings reflecting the area’s continuous upward trend.
Rents exceeding €2,000 for new builds in Voula
The rental market in Voula varies significantly depending on location (Ano or Kato Voula) and property features. Recent Spitogatos listings for properties around 100 sq.m. show asking rents starting (for older homes in less prime locations) at around €1,300, while properties closer to the sea and newer constructions can reach as high as €4,000. The average asking price for this type of property exceeds €2,000 per month.
Average rental prices for a 100 sq.m. home from Faliro to Voula
NouPou collected and presents in the table below the indicative average prices based on current listings on major real estate rental platforms. The table is divided into two categories: renovated apartments approximately 20 years old, and newly built properties with a construction age of no more than five years.
Indicative average monthly rental price for a 100 sq.m. property.
| Area | Renovated (approx. 20 years old) – average price | Newly built (constructed within 5 years) – average price |
|---|---|---|
| Palaio Faliro | €1,080 / month | €1,583 / month |
| Alimos | €1,117 / month | €1,300 / month |
| Glyfada (general) | €1,667 / month | €1,900 / month |
| Ano Glyfada | €1,075 / month | €1,350 / month |
| Voula | €1,555 / month | €2,075 / month |