Gerakas is one of the Eastern Suburbs that has experienced remarkable residential growth over the last decade. It combines a calm suburban atmosphere with well-planned neighborhoods. With its family-friendly character, a steadily growing property market, and competitive prices, it is an ideal choice both for permanent living and for smart property investment.
In Gerakas, suburban comfort meets urban convenience, with newly built homes, modern infrastructure, and easy access to Athens’ main road network. Properties here offer more space and better value for money compared to other popular suburbs.
Real estate in Gerakas: A market with steady demand
The housing market in Gerakas offers a wide variety of options, featuring modern buildings and a renewed housing stock.
Popular property types include:
- Apartments and maisonettes in newly built or renovated complexes
- Detached houses with private gardens
- Older homes with renovation potential, either for investment or owner-occupation
- Plots of land for private residential construction
Sale prices range between €2,500 and €3,300/sq.m., delivering strong value for money to buyers. Demand remains consistently high, especially near Doukissis Plakentias metro station and the Attiki Odos service road.
Who buys property in Gerakas?
Gerakas attracts a wide range of buyers thanks to its mix of comfort, accessibility, and modern housing stock. Key groups include:
- Families with children, drawn by safety, schools, and spacious homes
- Professionals working in the Northern and Eastern Suburbs seeking quick access
- Couples moving from the city center for a quieter lifestyle with green spaces
- First-time buyers looking for affordable housing options
- Investors targeting stable rental yields
This diversity makes real estate in Gerakas appealing to every profile, offering both lifestyle and investment value.
Everyday life & infrastructure: Everything you need nearby
Life in Gerakas is functional and family-oriented, without lacking options for work, leisure, and mobility.
Highlights of the area:
- Supermarkets, bakeries, and essential services in every neighborhood
- Smart Park shopping mall and McArthurGlen designer outlet within easy reach
- A wide selection of schools and tutoring centers at all levels
- Sports and cultural facilities
- Parks, green spaces, and pedestrian areas for outdoor activities
- Direct access to Attiki Odos with connections across Athens
- Nearby suburban railway and metro station Doukissis Plakentias
Why invest in Gerakas?
Gerakas provides stable returns both for owner-occupiers and real estate investors. The main reasons:
- Steady rental demand from families, professionals, and students
- Ongoing residential development, with new buildings and available plots
- More favorable price-to-value ratio than Northern or Southern Suburbs
- Reliable rental yields with lower risk compared to other zones
- Continuous upgrades in infrastructure and municipal amenities
For those looking for a suburb with long-term growth potential and an affordable entry point, Gerakas real estate is one of the best investment choices in Athens’ Eastern Suburbs.
Find the right property with Prosperty
At Prosperty we help you discover the best houses and apartments for sale in Gerakas. Through our platform and the advisory guidance of our team, you can explore the market with confidence. Each property listing includes photos, location details, and performance insights – so you can make your next move easily and professionally.
Browse available properties in Gerakas, here.
FAQs
Which areas are close to Gerakas?
Gerakas borders Anthousa, Pallini, Agia Paraskevi, and Cholargos, with direct access to Attiki Odos and Marathonos Avenue.
What are today’s buyers looking for?
The trend is towards newly built or recently renovated homes with energy efficiency features (good insulation, solar panels, natural gas), as awareness of energy costs becomes a priority.
Are there prospects for further development?
Yes. The area continues to attract investment, especially around commercial hubs and locations with easy access to Attiki Odos and the suburban railway, boosting future property values.
What is the investment outlook for property in Gerakas?
Gerakas maintains strong rental demand and offers reliable returns with lower risk than more saturated areas. Homes near schools or main roads are particularly attractive to tenants and buyers.
