A guide to flexible serviced offices and office space to rent in Athens, plus general information that may be useful if you are thinking of renting offices or workspace in the city.
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History & Geography
As the birthplace of democracy and the cradle of Western civilisation, Athens is both a modern European city and a historical icon. The Greek capital lies sprawled over the plain of Attica on the Mediterranean and is surrounded by the four large mountains of Aegaleo, Parnitha, Penteli and Hymettus. Athens, named after the goddess Athena, has been inhabited for the last 7,000 years. Around 1400 BC, it became a major fortified settlement of the Mycenaean civilisation. By the 6th century BC, Athens had become a major naval power and, together with Sparta, defeated the Persians, ending Persian rule over the Ionian cities of Cyprus, Aeolis, Doris and Caria. This marked the Golden Age of Athenian democracy. During this time, Sophocles, Euripides, Socrates, Hippocrates and Herodotus lived in Athens, and the city built the Acropolis and the Parthenon. After the Peloponnesian War against Sparta, however, Athens entered a long decline; it recovered briefly in the 9th and 10th centuries, but after the Ottoman Empire invaded in 1453, it continued to decline.
After the Greek War of Independence in the early 19th century, Athens was named the new capital of Greece and was extensively expanded and modernised. In 1896, the city hosted the first modern Olympic Games. Athens’s population continued to grow, swelling with Greek refugees from the Greco-Turkish War in the 1920s, but it did not experience a population boom until after WWII.
In the 1980s, the city faced overcrowding and chronic pollution. However, the city took anti-pollution measures and expanded and improved its infrastructure. In 2004, Athens hosted the Olympic Games once again and, in doing so, cemented its continuing legacy as one of Europe’s most dynamic, historical yet ever-changing cities.
Economy
Since the beginning of the 20th century, Athens has been the region’s most important mercantile hub. It is by far the most important manufacturing city in Greece and accounts for half of all industrial jobs in the country. Earnings are generally much higher in Athens than in the rest of Greece, and unemployment figures are much lower. The city exports olive oil, tomato products, wine, cement, and bauxite.
Shipping is also a major industry in Athens, centred on its port of Piraeus. Piraeus handles over 20 million tons of cargo every year and is one of the largest seaports in the Mediterranean. The port employs almost 2,000 people in Athens and serves over 24,000 ships every year. In addition to cargo ships, Piraeus also serves passenger liners and is the largest passenger port in Europe.
The other staple of the Athenian economy is of course tourism, which brings in millions of visitors to the country every year – most of whom pass through Athens.
Athens welcomed 8.7 million foreign visitors in 2025, up 10 per cent on 2024.
Greece’s gross domestic product (GDP) growth was projected at roughly 1.85 per cent for 2026, down slightly from 2.1 per cent in 2025, driven by capital formation, private consumption, and European Union Recovery and Resilience Facility (RRF) investments.
Greece’s GDP was projected to reach approximately €356.74 billion in 2026.
Athens and the surrounding Attica region account for circa 49 per cent of Greece’s total GDP.
In 2025, Greece’s unemployment rate dropped to 8.3 per cent, a significant improvement from a peak near 28 per cent during the financial crisis.
In October 2026, the Financial Times reported that many super-rich individuals were moving to Athens, as shown by more than 4,000 residential properties changing hands in Glyfada, Voula, Vouliagmeni and Vari since 2017.
Since 2020, Greece has introduced a series of tax incentives to attract new residents. Its non-dom regime offers qualifying new residents (who must, among other things, invest at least €500,000 in real estate, business, securities, or shares in legal entities) a €100,000 annual flat tax on foreign-sourced income. Qualifying foreign retirees have a flat 7 per cent tax on foreign-sourced income for up to 15 years. Eligible workers and entrepreneurs relocating to Greece receive a 50 per cent exemption on Greek-source employment or business income.
In September 2026, it was reported that British billionaire hedge fund manager Chris Rokos planned to open an office in Athens and was ranked third on the Sunday Times’ list of the UK’s top taxpayers, paying £330 million to the UK government in 2025.
Greek financial crisis
In 2010, Greek government debt became unsustainable, and the country asked the IMF for a bailout package, which it received in the form of €45 billion. Greece’s credit rating was reduced to junk status, and the country adopted a series of unpopular austerity measures, including raising €50 billion by denationalising companies, and increasing taxes for anyone with an annual income of over €8,000, an increase in VAT, an extra tax of two per cent to combat unemployment and an increase in tax on pensioners. These measures were unpopular and led to widespread rioting, strikes and unrest. The social effects of the austerity measures were serious and led some Greeks to turn to NGOs for healthcare and housing.
In June 2026, Greece repaid €6.9 billion earlier than planned to its European peers from its first bailout loans.
The loans were part of the Greek Loan Facility agreed in 2010, under which euro zone governments provided about €53 billion in bilateral support at the height of the debt crisis.
Tourism
Visitors have come to Athens for centuries in search of knowledge or simply to enjoy the city’s beautiful weather and see its many historic sites and monuments. Among the most popular sites are, of course, the Parthenon, the Acropolis, the old Roman Agora, the Temple of Olympian Zeus, and the Temple of Hephaestus.
Piraeus, the bustling port, is also renowned for its tavernas and restaurants specialising in seafood. At night, its bars and clubs come alive, and it is one of the most vibrant spots in Athens.
Greek cuisine is famous for both its healthy qualities and flavours and is an essential part of any visit to Athens. The Greeks use olive oil, fish, herbs, vegetables and bread extensively. Among the most famous dishes are Kleftiko, slow-baked lamb on the bone, and Moussaka, an oven-baked dish consisting of ground meat topped with an aubergine casserole. Greece is also famous for ouzo, an alcoholic beverage flavoured with anise, the best of which is produced on the island of Lesbos.
Transportation
Athens has an excellent transportation infrastructure, largely due to improvements made in preparation for the 2004 Olympics. The Athens Metro reaches every part of the city and also houses Greek artefacts found during its construction.
A comprehensive train system also runs around the city, consisting of the electric ISAP rail and the commuter rail. Athens is also served by an extensive tram and bus system.
Athens International Airport ‘Eleftherios Venizelos’, a state-of-the-art facility, serves the city and is located about 22 miles away.
It handled 33,993,746 passengers in 2025, up 6.7 per cent compared to 2024.
Office Space for Rent in Athens
Athens’ office market comprises the following submarkets:
•Syntagma Square & Monastiraki – this is a central district with walking proximity to government and commercial hubs, and direct metro lines.
• Kolonaki – this is an upscale neighbourhood popular with executive suites, law firms, and boutique corporate offices.
• Marousi & Kifisias Avenue – this is the premier northern business district housing large corporate headquarters, tech firms, and modern office parks.
• Piraeus – this is centred around the port and is the maritime and shipping core, anchored by landmarks like Piraeus Tower.
• Omonia & Central Athens – this district has excellent public transit links and is known for a high number of cost-effective serviced offices and co-working hubs from a range of providers.
In the early 2010s, the Greek economy was in serious recession, which of course had an impact on the office market of Athens. Rents were at about 41 per cent of what they were before the crisis, with the average at approximately €270 per square metre per year in the CBD.
For many years, the vacancy rate in the city hovered around 15 per cent; however, in the fourth quarter of 2017, it fell by 4.5 per cent to 9.5 per cent.
Part of the reason is the use of space by flexible office and workspace providers. The flexible office space solutions are favoured by companies of most sizes and sectors in Athens, and the startup market in particular – a market that is beginning to thrive due to high unemployment and a large young and educated population.
The Athens flex space market includes a wide range of providers and operators, including Open Office, Regus, Spaces, and Vios Coworking, offering agile alternatives to leasing office space in the form of fitted and managed offices, private serviced office space, and coworking spaces.
These are available on flexible, short-term licences and offer all-inclusive rental fees that cover overheads such as utilities.
At the halfway point in 2026, the overall vacancy rate in Athens stood at 9.62 per cent and prime office rent was at €31.50 per square metre per month.
There were 32,000 square metres of take-up through office leasing deals in Q2 2026, with space acquired by occupiers from a broad range of sectors, including energy, healthcare, public sector, retail-related, shipping, and transport.
As with other major office markets across the EU and worldwide, occupiers pursued a flight to quality, seeking best-in-class space that is tech-enabled and ESG-considered, alongside a constrained development pipeline.
In Q2, 31,600 square metres of new space was completed, and 30,000 square metres of that was pre-let, creating ongoing upward pressure on prime rental levels.
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