Price of the property: 300.000 €.

Overview

LOCATION

Located in a two-floor building at the center of Palaio Faliro. It is located at the central market which is full of shops and restaurants.

PROPERTY

The apartment was built in 1970 and it is 100 meters square.

The house has a large living room, a spacious kitchen, hallway, 1 big bathroom and a smaller one and also 2 bedrooms. It also has a large balcony.

Except the absolutely perfect location of the property, it also has a huge advantage. It has 22% percentage ownership on the plot.

 

Facts & Feautures
  • Built: 1970
  • Floor: 1
  • Bedrooms: 2
  • Bathrooms: 1
  • WC: 1
  • Balcony: Yes
  • Surface of house: 100 meters square
  • Percentage ownership: 22% of the total 555 sq.m.

 

Home Value

Real estate prices in Athens, are increasing really fast since 2018. In Elliniko a huge investment is about to be made the upcoming years, making the prices of all the properties close to it really high.

The area of Palaio Faliro is included ofcourse in these areas in where the properties are about to be valued in extremely high prices by 2030.

This is actually the main reason that almost no properties are sold at the moment at these areas. This fact makes each property at this area a great investment opportunity.

*The prices shown in the chart are personal opinions of our consultants and are not guaranteed.

Rental Value

This property can be rent for:

  • 600 – 900 €/month for long time rentals (more than 1 year)
  • Average of 100€/day for short time rentals