Athens Property Market Shifts to New Hotspots

Greece's forest reform and severe weather warnings 🌧️

Author

Chloe Mason
October 02, 2025

👋 Hey there expats,

In this week’s newsletter, we’re sharing with you updates related to Greek real estate, new hotspots for property investment in Athens, the new forestry reform, and more. Keep reading for more.

🧐 Did You Know? Greece's Neglected Forests are Turning into Green Wealth

Greece is implementing a sweeping forestry reform aimed at reversing the underutilization of its vast woodlands, which currently leaves millions of acres vulnerable to fires and illegal logging.

The reform introduces public and private partnerships, such as the Forest Labor Cooperatives and private investors to actively manage these forests. This new model is designed to boost economic output by harvesting biomass and timber, generating revenue back to local communities while significantly enhancing fire prevention and environmental protection. Read here.

Courtesy of Tovima.com

In the news

🏠 Housing Market Shifts to New Hotspots – Areas in Athens like Agia Varvara and Patissia are now leading in price growth (8.2% annually) and generating strong yields of 5.5%–7%. Meanwhile, the Ellinikon redevelopment is sparking new demand in nearby suburban towns such as Lavrio and Koropi. Read here.

⚱️The Allure of Gold: Central Greece's Unending Treasure Hunt – The Larissa region has been the focal point of a captivating legend – the belief that hidden gold and riches are buried beneath the soil, left behind by rebels, World War II soldiers, or families during the Ottoman era. This folklore has driven countless fortune seekers and residents to conduct official and unofficial excavations, even leading one man to demolish his own house. Read here.

🏛️Acropolis & cultural heritage used in creative protest – An abbot was arrested this week for attempting to sell Byzantine icons and ancient Gospels, part of a larger fight against illicit antiquities trafficking in Greece. Read here.

That's it for this week's newsletter! As always, feel free to reach out with any questions, suggestions, or if you'd like to be featured.

Wishing you a fantastic week ahead filled with Greek adventures and memorable experiences.

Yassas!

The “My Greek Expat Journey” Team

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