Every summer we get the same phone call, usually from Athens, sometimes from Amsterdam, Brussels or Warsaw: "We stayed in Loutraki, we loved it, what would a small apartment cost us?" This is the answer we give, written down.
Why Loutraki works as a holiday base
Loutraki is 80 km from Athens, about an hour by car and roughly 75 minutes from the airport, and the Athens suburban railway is being extended into Loutraki itself, with the new line due to open by the end of 2026. That distance is the whole point. A holiday apartment here is not a once-a-year place. Athenians come for weekends from April to October, and the town does not shut down in winter: the thermal spa, the casino, the seafront cafés and the shops along the main street run all year. For foreign buyers it means the apartment is usable on a long weekend, not only in August, and rentable for far more than eight weeks a year.
The beach is a long pebble strip with Blue Flag water, the promenade runs the length of the town, and within twenty minutes you have Lake Vouliagmeni, the Heraion at Perachora, ancient Corinth and the Isthmus canal.
Which part of town
Loutraki is small, but the choice of street changes the price and the rental result more than anything else.
The seafront and the first two or three streets behind it are the strongest rental locations. Guests want to walk to the beach without a car, and listings here book first. Prices are the highest in town, and true seafront with an open sea view is scarce.
The centre, between the seafront and the main road, is where most renovated one and two bedroom apartments are. Five to ten minutes on foot to the beach, quieter than the front, and the best balance of price and rental income for most buyers.
The hillside above the town gives sea views at a lower price per square metre, usually in maisonettes or newer buildings. Better for owners who will use the place themselves a lot; guests without a car find the walk back up less charming.
Perachora village and the Lake Vouliagmeni side are for buyers who want a house rather than an apartment, with more land, more privacy and lower prices, at the cost of needing a car for everything.
What it costs in 2026
At the time of writing there are around 455 apartments for sale in Loutraki on the main Greek property portal. Prices start at around €50,000 for smaller studios, and the middle of the market is around €2,900 per square metre. In practice that means:
- Small studios: from about €50,000.
- Older apartments needing work: 50 to 65 m² from roughly €80,000 to €120,000.
- Renovated or well-kept apartments in the centre: 45 to 55 m² from about €140,000 to €185,000.
- Sea-view and new-build apartments near the front: about €3,500 to €5,000 per square metre, so €200,000 to €300,000 for a 50 to 65 m² apartment. First-line new builds with an open sea view go higher, and there are very few of them.
On top of the price, budget 7 to 8 percent for transfer tax, notary, lawyer and registry. The step-by-step process, the Greek tax number and the bank account are all explained in our buying guide, so we will not repeat them here.
Golden Visa: two routes
Loutraki is in the €400,000 tier of the Greek Golden Visa, the lower of the two main tiers. There is a second route that few buyers know about: a commercial space, shop or storage unit anywhere in Greece, legally converted into a home before the application is filed, qualifies at €250,000, with no minimum size. We can tell you quickly whether a specific unit can be converted and what it would take.
One rule matters more than the thresholds: a Golden Visa property cannot be rented out short-term. If your priority is residency, the visa works well here. If your priority is rental income, buy outside the programme.
What it earns when you are not there
This is the question that decides most purchases, and the honest answer is: it depends on the street and on how it is run. A well-presented one-bedroom apartment a few minutes from the beach, listed on Airbnb and Booking.com with dynamic pricing, typically grosses €12,000 to €16,000 between May and October, with the owner still keeping some weeks for themselves. Two bedrooms with a terrace or a sea view do better; ground-floor apartments in the back streets do less.
If you want the apartment to work while you are away, we manage it for you from the MARE office on the main square: photography, listings, pricing, guest communication, check-in, cleaning, laundry and maintenance, plus the guest data you need for your Greek tax filings. Our fee is 25 percent plus VAT of rental revenue with cleaning included, or 18 percent plus VAT for studios and small apartments with cleaning charged to guests. No fixed monthly costs. Most of the owners we work with live in Athens or abroad and see their apartment when they choose to.
How we work with buyers
We are a small team and we do this in a particular way. First we talk about what you want the apartment for, how many weeks you will use it, and whether renting matters. Then we shortlist, including properties that are not on the portals, and arrange viewings in one visit, or by video call if you are abroad. We help with the Greek tax number, the bank account and a lawyer we trust, and if you cannot be here for the signing we set up a power of attorney so the purchase completes without you flying in. After the deed, the same team furnishes the apartment if needed, photographs it, lists it and manages it. We work in Greek, English, Dutch, French and Polish.
Two of our buyers, in their own words:
"The MARE team helped me find a plot of land to develop. They helped me with everything from A to Z, explaining in great detail how the construction and development process works."
"Highly knowledgeable about local conditions and rules, including banking for non-residents, and made sure I always felt like a priority."
Questions we hear most
Can a foreigner buy an apartment in Loutraki?
Yes. EU and non-EU citizens buy freely in Loutraki; it is not in a border zone. You need a Greek tax number (AFM) and a Greek bank account, both of which we help you arrange.
How far is Loutraki from Athens and the airport?
About 80 km from the centre of Athens, roughly one hour by car, and about 75 minutes from Athens International Airport. The Athens suburban railway is being extended from the Isthmus into Loutraki itself, with the new line due to open by the end of 2026.
What does a holiday apartment in Loutraki cost in 2026?
Prices start at around €50,000 for small studios. Older apartments needing work are roughly €80,000 to €120,000 for 50 to 65 m². Renovated one and two bedroom apartments in the centre are mostly €140,000 to €185,000. Sea-view and new-build apartments near the seafront run about €3,500 to €5,000 per square metre. Add 7 to 8 percent for transfer tax, notary, lawyer and registry.
Is Loutraki eligible for the Greek Golden Visa?
Yes. Loutraki is in the €400,000 tier. There is also a €250,000 route anywhere in Greece for a commercial or storage space legally converted to a home before the application. Golden Visa properties cannot be rented short-term, so this route suits buyers who want residency rather than rental income.
Can MARE manage the apartment after I buy it?
Yes, that is what we do. Sales and short-term rental management are handled by the same team in the MARE office on Plateia 25is Martiou, so the person who helped you buy is the person who runs the apartment afterwards. Our fee is 25 percent plus VAT of rental revenue with cleaning included, or 18 percent plus VAT for studios and small apartments with cleaning charged to guests.
Thinking about it? Come by the MARE office on Plateia 25is Martiou 13, or call Kostas. A first conversation costs nothing and usually saves a lot.