Piraiki

Piraiki

Area, Overview, Quality of Life & Real Estate Market 2025

Location & Historical Background

Piraiki is located at the southwestern tip of Piraeus and is one of the most recognizable coastal areas of Attica. It is surrounded by the Saronic Gulf and stretches along the coastline from Pasalimani to the port of Keratsini. The area is known for its coastal road, Akti Themistokleous, which follows the route of the ancient walls of Conon. Historically, Piraiki served as a naval and military hub since antiquity, while in the post-war years it developed into a quiet, densely populated urban neighborhood with a strong seaside character.

Nature and Green Spaces

Although Piraiki lacks extensive parks, its coastline itself serves as a “natural lung.” The seaside promenade is ideal for walking, running, and cycling, offering uninterrupted views of the Saronic Gulf. There are small organized squares, such as Kanari Square, and green spots near churches and neighborhoods. The sunset in Piraiki is considered among the most beautiful in Attica.

Daily Life & Leisure

Piraiki is famous for its rich gastronomic scene, particularly the seaside ouzo bars and fish taverns lining Akti Themistokleous. The local market is limited but supported by small grocery stores, bakeries, cafés, and mini markets. For more extensive shopping, residents head to the center of Piraeus. The area is particularly popular for afternoon and Sunday walks and attracts many visitors from other parts of Attica.

Transportation & Accessibility

Piraiki does not have a metro or suburban railway station; however, access to the center of Piraeus is immediate, and from there one can use the metro (Lines 1 and 3) or the suburban railway.

Buses:

• 904: Piraiki – Piraeus (circular route passing through the port and the city center)

• 909: Piraiki – Piraeus – Neo Faliro

• 300 (Express): Circular route in central Piraeus, with stops near Piraiki

• 826, 832, 833: Connections to Kaminia, Keratsini, and other nearby neighborhoods

Travel times:

• Piraeus center: 5–10 minutes by bus or car

• Syntagma: 30–35 minutes combining bus and metro

• Port of Piraeus: 5 minutes

Parking

Parking in Piraiki is generally convenient, especially for permanent residents with private spaces or garages. In many neighborhoods, particularly on interior streets, one can find a spot relatively easily, while the coastal zone offers several points for short-term parking, facilitating access to shops and dining venues.

Education & Infrastructure

In Piraiki and neighboring areas, there are:

• Public schools: Kindergartens, primary schools, junior high and high schools of Piraeus (e.g., 6th Primary School of Piraeus, 7th Junior High School of Piraeus)

• Private schools: Small private educational institutions and tutoring centers

• Healthcare facilities: Private clinics, pharmacies, and close access to Tzaneio Hospital

Real Estate Market

Piraiki is among the most sought-after areas of Piraeus, thanks to its stunning sea views and unique atmosphere. Seafront apartments are true “gems” of the market, offering unmatched quality of life, while the limited availability of properties boosts their value and investment potential.

Average Property Sale Prices

General average sale price: As of mid-2025, the average asking price for residential properties in Piraiki is around €3,420/sq.m., reflecting the consistently high demand driven by its prime coastal location and the scarce supply of quality homes.

Newly built apartments (up to 5 years old): The few new constructions that come to market reach an average price of approximately €3,900/sq.m., combining modern materials, energy efficiency, sea views, and a prime position near the waterfront.

Older apartments (over 35 years old): Older properties, with an average price of about €2,850/sq.m., continue to attract significant interest due to their larger floor plans, classic architecture, and location in well-preserved, historic parts of Piraiki.

Average Sale Prices by Subarea

 

Average Rental Prices by Subarea

The rental market remains steady, with particularly high demand for apartments featuring balconies and sea views.

 

 

⚠️ Disclaimer

The information on property sale and rental prices presented in this text is based on secondary data reflecting the current state of the market as of August 2025. Prices represent average asking values per square meter, based on publicly accessible sources (listings, trends, averages) and do not correspond to actual contracts, official valuations by state bodies, or binding appraisals. The data is indicative and subject to change depending on the location, condition of the property, and negotiations between private parties. They do not constitute financial advice, investment recommendations, or a substitute for an official valuation by a certified appraiser. Use is at the reader’s own discretion.