Golden Visa Eligible Apartment for sale in Palaio Faliro. ID A4-11386

Palaio Faliro

€305,000

Description

Golden Visa Eligible Apartment for sale in Palaio Faliro. Elevate your lifestyle on the Athenian Riviera with this Golden Visa eligible apartment in the highly sought-after suburb of Palaio Faliro. Here, coastal elegance meets the vibrant pulse of Athens, creating an address that appeals to both discerning investors and those seeking a refined urban retreat. Situated on the fourth floor, this stylish one-bedroom residence offers 31 sqm of well-planned interior space and a generous 13 sqm private balcony. A modern bathroom and an open-plan living design create a sense of light and flow, while autonomous heating ensures year-round comfort. The apartment is fully equipped with contemporary electric appliances and finished with high-quality materials, delivering a perfect blend of sophistication and everyday practicality. Floor-to-ceiling glass doors invite abundant natural light and lead to the expansive balcony—a private outdoor haven ideal for morning coffee or evening cocktails while enjoying the fresh coastal atmosphere. Originally constructed in 1976, the building is entering a new era with a complete renovation. Construction begins in December 2025 and is scheduled for completion in December 2026, followed by a six-month grace period. This transformation combines the character of its original architecture with a sleek, modern aesthetic, ensuring long-term value and timeless appeal. Palaio Faliro is a neighborhood alive with energy and convenience. Supermarkets are just a 10-minute walk away and a hospital is only 16 minutes from your door. The area is rich with cafés, restaurants, gyms, co-working spaces and cultural venues, making it particularly attractive to students, professionals and families. Connectivity is exceptional. Athens International Airport is a 26-minute drive, while the bustling Piraeus Port is only 11 minutes away. Buses 550, A2 and B2 provide quick and direct access to the city center and beyond. With its Riviera location and nearby beaches, this apartment perfectly balances seaside relaxation with metropolitan convenience. Whether you seek a profitable investment, a stylish personal base or a strategic Golden Visa property, this residence offers elegance, lifestyle and lasting value in one exceptional opportunity. Golden Visa Eligible 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.