# Athens Class A office: frequently asked questions

> Quick reference: Athens Class A rent is €264/sqm/yr · ≈ $26.5 PSF/yr USD ($26 USD), typical term 6 years, 6 months free.

**Canonical URL:** https://classa.info/cities/athens/faq
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Class A rent: €264/sqm/yr · ≈ $26.5 PSF/yr USD.
- Typical term: 6 years.
- Typical rent-free: 6 months.
- Vacancy: 12.4%.

## Key facts
- **city**: Athens
- **country**: Greece
- **region**: EMEA
- **classARentLocal**: €264/sqm/yr · ≈ $26.5 PSF/yr USD
- **classARentUsd**: $26/sqft/yr
- **vacancy**: 12.4%
- **typicalLeaseYears**: 6
- **typicalRentFreeMonths**: 6
- **submarkets**: 5
- **primeYieldPct**: 6.6%

## FAQ
### What is the impact of Hellinikon?
Material and structural. Europe's largest urban regeneration — 6.2 million sqm on the former Athens airport site — will deliver mixed-use Class A office, residential, hotel, and retail through 2030, reshaping the southern Athens Class A market.

### How does Athens compare to Lisbon or Madrid?
Athens offers material rent discount to Lisbon (~15-20%) and Madrid (~30%) with shallower trophy depth. Recovery dynamics are stronger than the broader Mediterranean post-2020.

### What is the role of shipping in the market?
Material. Greek shipping firms (Maran Tankers, TMS Cardiff, Star Bulk) maintain HQs in Athens and Piraeus — anchoring a deep maritime services Class A tenancy.

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Citation: Source: Class A Atlas (https://classa.info/cities/athens/faq), updated 2026-04-15T00:00:00.000Z.