One Bedroom Apartment in Neo Faliro for sale. ID A4-12208

Neo Faliro, Piraeus, Greece

€215,000

Description

One Bedroom Apartment in Neo Faliro for sale. Situated in the central residential area of Neo Faliro, this fully renovated one-bedroom apartment offers an excellent balance between everyday comfort, accessibility, and long-term investment potential. The apartment measures 53 sq.m. and is located on the 2nd floor of a 1970 apartment building. The apartment itself was fully renovated in 2025, while the building is served by a brand-new elevator. With an eastern orientation, the property enjoys natural light throughout the day and opens onto a balcony with open views, enhancing the sense of space and brightness. The interior has been entirely upgraded, including new electrical and plumbing installations, a security entrance door, awnings, and modern thermally insulated aluminum window frames built to contemporary specifications. The layout is both functional and welcoming, featuring one spacious bedroom with oak parquet flooring, a bright living room, also finished with oak parquet, seamlessly connected to a pleasant entrance hall. The kitchen is fully renovated and fully equipped with all essential electrical appliances, including refrigerator, oven, dishwasher, and stainless-steel chimney hood, all in inox finish. The bathroom is modern, practical, and thoughtfully designed, while a large loft storage space above the bathroom provides valuable additional storage. Comfort is ensured through two inverter air-conditioning units installed in both the bedroom and the living area, offering efficient climate control with low energy consumption. Additional features include a solar water heater, elevator, air conditioning, security door, and low monthly communal expenses of just €13. The property falls within a residential zoning area, consists of one level, includes one kitchen, one living room, and one bathroom, and holds an Energy Class D (141%–182%). What truly enhances the property is its strategic location. The apartment is situated just 70 meters from Metropolitan Hospital, directly behind the SKAI TV and radio station, while the electric railway station and tram stop are only 300 meters away on foot. Retail stores, supermarkets, and everyday services are all within immediate walking distance. From an investment perspective, the property is positioned less than 200 meters on foot from the upcoming redevelopment of the SEF area and the new Aenaon Metropolitan Park, with construction works expected to commence in early 2026. These major urban regeneration projects significantly strengthen the area’s future outlook, reinforcing both rental demand and long-term capital appreciation. One Bedroom Apartment in Neo Faliro for sale. Location Information: An urban resort with a hint of the Orient, this waterfront suburb makes a scenic escape from the city center. Come to explore a ritzy marina, seaside park, and tasty Turkish-influenced cuisine. Separated from the sea by Posidonos Avenue, Faliro was once a seaside village of fishermen, shepherds, and farmers. Now its inner streets are dense with apartment blocks courtesy of the 1960s building boom. On the palm-lined promenade, play parks, an outdoor cinema, and a luxe marina generate a year-round resort vibe. Revived for the 2004 Olympics, this popular coastal suburb leans towards leisure. It may not possess the strong character of gritty Exarchia or cultured Kolonaki, but what Palio Faliro (shortened to Faliro by the locals) lacks in charisma, it makes up for with its pole position. Its the gateway to the Athens Riviera and an easy jump-off point for Piraeus and the city center. Restaurants and cafes dot the pretty, glitzy Flisvos Marina, while its beach and waterfront promenade are a quick and scenic escape from urban life. The arrival of the game-changing Stavros Niarchos Foundation Cultural Centre in neighboring Kallithea in 2016 has also helped connect the dots and bring more dash to the area.