Property for Sale: Apartment (Flat) in City Centre, Athens | 1stclass Homes IL

Mezzanine duplex in a residential complex in Athens near the Acropolis.

The cost of apartments in the business center of Athens has soared by 30% in a year— a huge jump in prices for buying and renting housing. The data shows that the asking price of apartments in the business center of Athens increased by 25.3% in the year to the end of the third quarter of 2019. In the center of Athens, more and more foreigners are seeking to buy real estate. Most investors are motivated by potential future capital gains. Not the least role in this is played by the active development of short-term rental services in Greece and the huge success of the Golden Visa investment program. As a result, demand increases, and with it — and prices. The popularity of Greece among Russians is growing due to the potential of the real estate market for obtaining high incomes through short-term rentals and the “Golden Visa” program. In addition, real estate in the country is becoming more expensive and, according to experts, will continue to grow in price.

 The apartment is located in an area with developed infrastructure, is a five-story building consisting of 10 luxury apartments. The complex is located seven kilometers from Athens and three kilometers from Piraeus.

 According to statistics, hotels in the region are occupied 360 calendar days a year, which guarantees a return on investment in hotel projects managed by large companies.

 DETAILS OF THE BUILDING

• 5 floors of residential units
• Lobby
• 24-hour reception
• Elevator
• Apartments

MAIN FEATURES

• Fully furnished apartment (on request)
• Double glazing
• Energy-efficient 
• High thermal and acoustic insulation
• Private balconies
• WiFi and high-speed cable Internet
• Fully equipped kitchens (Refrigerator, oven, stove, dishwasher)

There is one more apartment with covered area 97 sq.m. at the price 446.100 euro