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Duplex apartment in a prosperous central area of ​​Athens to obtain a ”golden visa“

360,000 €
4,864 € /m²
  • Total area
    74 m²
  • Bedrooms
    1
  • Bathrooms
    1
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Extra opportunities

Suitable for investment — through renting or resale. Guaranteed yield — 3% for 2 years. Apartments in the center of Athens are in demand among visiting foreigners and Greeks from other cities. In general, the real estate market in Athens is currently growing. Over the past 10 years, residential property prices have increased by 69%, and there is still potential for growth, as housing in this city is still significantly cheaper than in other European capitals.

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Advantages

”One-stop shop“ from developer Tranio Hellas. The investor will not have to worry about management, finding tenants and everyday issues — the Tranio team will take care of this on their own. Tranio will also help to obtain a residence permit and a second passport.

Location and nearby infrastructure

Convenient location in the center of the capital. Ampelokipoi is a prosperous and clean area in the center of Athens, where the wealthy middle class lives and there is a lot of greenery. Near the project there is a park, two schools, a bus stop, two metro stations, the main municipal hospital Elpis and the lively Alexandros Avenue.

More properties

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

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

Tranio helps to manage property after purchase

Our local team at Tranio Athens will take up property management or recommend Greek partners.

The terms and conditions of our engagement depend on the property and are to be discussed in each particular case.

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  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice
Return on investment into an Athens apartment might be up to 42% over the next five years as a conservative forecast

Maximum price growth was recorded in Athens in 2022 and was 12.8%

  • 3–6%

    annual yield on rental property

  • 6–12%

    increase in price per sq. m a year

With the yield of 4% and the conservative forecast regarding price increase by 4% per annum

(according to 2019–2024 official data from the Bank of Greece)

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    Inna Shchukina,
    Senior property selection advisor
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      Ekaterina Maslova,
      Senior Residence and Citizenship Advisor
      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
      • How to make payments for property abroad?

        Tranio has a transaction department that provides clients with safe and convenient payment solutions. We monitor changes in currency legislation, strengthen partnerships with banks in different countries, ensuring the legality of transfers and minimal commissions. You can pay in roubles for purchases in Tranio's own development projects abroad.

      • Is it possible to obtain a residence permit when buying property?

        In some countries — yes. Such programmes for obtaining a residence permit in exchange for property investments are called Golden Visas. The most popular Golden Visas in Europe are offered by Greece and Cyprus. In the Persian Gulf, the UAE and Oman also offer residence permits for property owners.

        However, if you need a residence permit to gain visa-free access to Schengen countries or to open an account in Europe, it's not absolutely necessary to buy property. Greece, Spain, Italy, Finland, France, and Portugal have accessible residence permit programmes.

        The choice of programme depends on your goals. Explore all available programmes or contact Tranio's migration department for consultation.

      • How long does the property registration process take?

        The registration period depends on legislation and established procedures in local property markets. Usually, the entire process from selecting a property to registering ownership takes at least a month. In our experience, the fastest transactions occur in the UAE — currently one of the most technologically advanced markets with land legislation specifically designed for foreigners. In Cyprus, registration will take 1–2 months, in Greece — from 3 months.

        In some countries, such as Thailand, transaction registration at the land department occurs after the property is commissioned. Signing a purchase agreement with a developer in Thailand takes from two weeks to a month, while registration at the land department takes no more than a week.

      Not sure what to start with? Send an advice request
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        Marina Filichkina,
        Head of Sales
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