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New apartment with a 7.5% yield in the coastal area of Paleo Faliro, Athens, Greece

90,000 €
2,093 € /m²

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

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Total area 43 m² 2 bedrooms 1 bathroom Yield 7.5 %
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Details
  • 1 floor
  • Annual income: 6,705 €
  • Sea at 500 m
  • Balcony or terrace

We offer a buy-to-let apartment of 43 m².

The apartment is suitable for a long-term rent (400-450 euros/ month), and for a short-term rent for tourists (35–50 euros/ night, depending on the season).

Advantages

Property is sold without commission to the buyer.

Financial performance

Profitability — 7.5%

Anticipated income — 6,705 euros per year

Location and nearby infrastructure

The property is located 500 meters away from the promenade and 200 meters from a tram stop, from where you can easily get to the city center.

The Acropolis is about 5 km from the apartment, the airport is 30 km away (30–40 minutes drive).

Paleo Faliro is a prestigious coastal area. Here you will find many bars, restaurants of Italian and Vietnamese cuisine, a seafood tavern, as well as the first elite Flisvos Marina in Greece.

  • 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

Statistics in Greece

Price per m², €
1,478
Healthcare efficiency level
55
Index 55 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
61
Index 61 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,478.32
Apartment in a bedroom community, m² 1,344.78
Transport Price, €
Public transport, 1 ride 1.4
Monthly travel card 30.0
Taxi, 1 km 0.78
Petrol, 1 l 1.58
Food Price, €
Water, 1.5 l 0.77
Milk, 1 l 1.16
White bread, 500 g 0.88
Eggs, a dozen 2.93
Chicken fillet, 1 kg 6.5
Education Price, €
Kindergarten, per month 328.15
International school, per year 6,850.86
Health care index
Staff competence 61.38
Medical equipment 57.68
Research accuracy and completeness 56.04
Attitude towards patients 56.92
Security index
Crime rate 39.49
The risk of being robbed 36.97
The risk of car theft 43.44
The risk of break-in and property damage 46.5

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

More properties

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

You can see more buy-to-let apartments for sale in Paleo Faliro elsewhere on our website.

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Enquire about this buy-to-let apartment
Ekaterina Matsyuk
Ekaterina Matsyuk
Real Estate Expert Tranio in Paleo Faliro
+44 17 4822 0039
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