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+306955552189 +3069 XX XXX 2189
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ADS2342344 ADS23 XX XXX 2344
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6995554195 69955 XX XXX 4195
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Eligible Golden Visa Apartment for sale in Palaio Faliro. ID A4-11387
Palaio Faliro, Greece
Description
Eligible Golden Visa Apartment for sale in Palaio Faliro. Enjoy panoramic sea views and the vibrant energy of Athens’ Athenian Riviera from this beautifully renovated Golden Visa eligible apartment in Palaio Faliro. Perfectly located in one of the city’s most desirable coastal neighborhoods, it offers an ideal balance of seaside tranquility and metropolitan convenience. Perched on the fifth floor, this elegant one-bedroom residence spans 29 sqm of thoughtfully designed interior space and opens onto a private 8 sqm balcony. A modern bathroom and an open-plan living design create a bright, airy flow, while autonomous heating ensures year-round comfort. The apartment comes fully equipped with premium electric appliances and is finished with high-quality materials, combining sophisticated style with everyday practicality. Wide glass doors invite abundant natural light and lead to the balcony, where an inspiring sea view sets the perfect backdrop for morning coffee or evening relaxation. Originally constructed in 1976, the building is being completely transformed. Renovation work begins in December 2025 and is scheduled for completion in December 2026, followed by a six-month grace period. This ambitious project retains the character of the original architecture while introducing a modern aesthetic that ensures long-term value. Palaio Faliro is alive with cafés, restaurants, gyms, co-working spaces and cultural venues, making it especially attractive to students, professionals and families. Daily conveniences are close at hand, with supermarkets only a 10-minute walk away and a hospital just 16 minutes from your door. Connectivity is excellent: Athens International Airport is a 26-minute drive and the bustling Piraeus Port only 11 minutes away. Public transport is equally convenient with direct bus lines 550, A2 and B2 providing swift access to the city center and beyond. With its Riviera setting, nearby beaches and captivating sea view, this apartment perfectly combines coastal elegance with the energy of urban Athens. Whether you are looking for a smart investment, a stylish personal retreat or a strategic Golden Visa property, this residence delivers lifestyle, elegance and long-term value in one exceptional opportunity. Eligible Golden Visa Apartment for sale in Palaio Faliro Location information: An urban resort with a hint of the Orient, this waterfront suburb offers a refreshing escape from central Athens. Here, you’ll find a ritzy marina, a breezy seaside park, and restaurants serving Turkish-influenced dishes bursting with flavor. Although separated from the sea by Posidonos Avenue, Faliro still enjoys coastal charm and sea views throughout. Originally, this area was a quiet village of fishermen, shepherds, and farmers living simple, traditional lives. However, during the 1960s building boom, apartment blocks quickly transformed its inner streets into dense urban neighborhoods. Even so, the palm-lined promenade brings back the resort feeling with its parks, outdoor cinema, and luxury marina. Thanks to its Olympic-era revamp in 2004, Faliro has embraced a more laid-back, leisure-first lifestyle year-round. While it may lack the raw edge of Exarchia or Kolonaki’s cultural depth, Faliro offers a different appeal. Notably, its standout location makes up for any character deficit, placing it firmly on the map. Faliro serves as the gateway to the Athens Riviera and a quick launch point for Piraeus or downtown. All along Flisvos Marina, glitzy cafes and elegant restaurants invite locals and visitors to linger by the water. Meanwhile, the promenade and beach deliver a scenic, peaceful break from the city’s constant pace. Crucially, the arrival of the Stavros Niarchos Foundation Cultural Centre in 2016 boosted the area’s profile significantly. This bold addition in neighboring Kallithea helped connect the district and injected new cultural energy into Faliro.
Detailed Information
Price
€315,000
Maintenance
€100
Security Deposit
€500
Brokerage
€500
Calculate Financial Summary
Monthly EMI
€ 40,295
Principal Amount
€ 3,250,000
Total Interest Payable
€ 1,585,442
Total Amount Payable
€ 4,835,442
Payable Breakdown
Principal
67%
Interest
33%
This is an approximate calculation. Actual EMI values may vary depending on the lending institution.
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