Five-room penthouse in the area of Kolonaki, Athens, Attica, Greece

2,210,000 €

11,631 € /m²

Total area
190 m²
Bedrooms
3
Bathrooms
1

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Features

7-floor building
7 floor
Built in 1959
Balcony or terrace
TV
Furnished
Mountain view

For sale is a large apartment in a good condition with panoramic views and a storage room of 5 m².

Extra opportunities

We can help you get a Golden Visa (permit without tax residence) when buying a property worth €250,000 or more.

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Interior

Layout — a living/dining room, a kitchen, three bedrooms, a bathroom, a terrace, a room for staff.

Equipment

central heating
blinds
hardwood floors
built-in kitchen

Location and nearby infrastructure

Kolonaki is a business and commercial center of the city where politicians and lawyers live. The area is famous for expensive restaurants and boutiques.

Property on the map

Location right down to the building, street or city
Panoramas

Virtual tour along the streets of the neighbourhood
Infrastructure

Shops, schools, transport and entertainment
Other properties

Other offers nearby

Ask the advisor

What is the cost of maintaining the property? How much should I budget for legal arrangements? Can I rent this property out?

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More properties

If this property wasn’t for you, take a look at other apartments for sale in Greece.

You can see more apartments for sale in Athens elsewhere on our website.

Return on investment into an Athens apartment might be up to 65% over the next five years

Maximum price growth was recorded in Athens in 2019 and was 11.5%.

5—6_%

annual yield on rental property

7–11_%

increase in price per sq. m a year

How to buy property with Tranio

Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

FAQs

Can I get a mortgage abroad?

It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

How does the purchase procedure work?

The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

Can a residence permit be obtained by buying property?

In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

How does Tranio make money if your service is free for the clients?

We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

Who guarantees the transaction security?

The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.