Commercial Properties in Greece – Hotels, offices, Shops and Business Real Estate
Commercial properties in Greece have become a major point of interest for both local entrepreneurs and foreign investors. With the country’s real estate market stabilizing and business activity gaining momentum, Greece offers attractive opportunities in office spaces, retail shops, warehouses, and mixed-use developments. Whether in the heart of Athens or the growing business districts of Thessaloniki, commercial real estate is a vital component of long-term investment strategies.
Why Invest in Commercial Properties in Greece?
The demand for commercial properties in Greece continues to grow due to:
- Economic Recovery: Greece’s improving economy supports business expansion and commercial leasing.
- Tourism Boost: High tourist influx increases demand for hospitality businesses, restaurants, and tourism-related shops.
- Remote Work Shifts: The hybrid work model drives demand for flexible, serviced office spaces.
Investing in commercial real estate in Greece often provides better yields compared to residential properties, especially in high-demand zones like Kolonaki, Marousi, Glyfada (Athens), or the city center of Thessaloniki.
Types of Commercial Properties Available
- Offices: From standalone business centers to coworking hubs, there is a wide selection for corporations, startups, and professionals.
- Retail Spaces: Shops in high foot traffic areas such as Ermou Street in Athens or Tsimiski in Thessaloniki offer prime opportunities.
- Warehouses & Logistics: Especially in Attica and Northern Greece, logistics hubs support e-commerce and trade.
- Mixed-Use Buildings: Combining retail, office, and even residential units, these properties appeal to developers and investors.
What to Consider Before Buying Commercial Real Estate
Before acquiring a commercial property in Greece, it’s important to evaluate:
- Zoning and Usage: Confirm legal use for business, retail, or industrial purposes.
- Location: Proximity to transport hubs, highways, and public infrastructure adds significant value.
- Tenant Demand: Investigate rental trends and vacancy rates in the area.
- Building Condition: Renovation costs can significantly impact return on investment.
- Permits and Regulations: Ensure compliance with urban planning and licensing laws.
Key Areas for Commercial Real Estate in Athens and Thessaloniki
Athens:
- Marousi: Business hub with many corporate HQs.
- Kolonaki: High-end office and retail properties.
- Kifisia: Ideal for boutique commercial spaces.
- Glyfada & Piraeus: Perfect for coastal retail and mixed-use projects.
Thessaloniki:
- Tsimiski & Mitropoleos Streets: Premium retail zones.
- Vardaris & Port Area: Industrial and logistics potential.
- Eastern Thessaloniki: Growing demand for business parks and office centers.
Why Choose Greca House for Commercial Real Estate
At Greca House, we specialize in finding tailored commercial property solutions for our clients. Whether you’re seeking a retail storefront in central Athens or a high-yield logistics hub in Thessaloniki, our team offers:
- Expert Local Knowledge: We understand the commercial zones, market trends, and growth potential of each neighborhood.
- Legal & Transaction Support: We assist with due diligence, licensing, and negotiation.
- Property Management: For international clients, we offer end-to-end management services.
- Portfolio Diversification: We help investors expand into Greece’s commercial market with confidence.
Trends in Commercial Property Demand (2025 and Beyond)
- Rise in green-certified buildings and sustainable office solutions.
- Growth in retail spaces catering to luxury brands and fast fashion.
- Expansion of logistics centers near ports and highways.
- Increased interest in commercial properties with conversion potential (e.g., from industrial to residential/retail use).
Commercial real estate in Greece is undergoing a promising transformation. Whether your goal is income through leasing or long-term capital appreciation, investing in commercial properties in Athens or Thessaloniki offers compelling opportunities. With expert guidance and deep market understanding, Greca House helps you access the best deals in this competitive sector.
If you are looking for a new house or home, check here: Residential Properties in Greece