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Apartment complex for sale
€1,000,000
|
€1,235 per sqm
sqm
810
Rooms
18
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Airbnb
A registration number can be issued and the property may be rented short term legally. However, if this property is actually used for the Greek Golden Visa route, it cannot also be used as a short-term Airbnb rental.
Golden Visa
This property meets the visa threshold for a high-demand area (Tier 1).
Disclaimer: This property assessment is calculated automatically from available listing data and is only an estimate. It does not guarantee actual eligibility or licensing outcome and should be verified with local counsel and the relevant authorities.
Airbnb
Short-term rental is allowed subject to AMA registration. Note: new Golden Visa properties in Greece are broadly barred from Airbnb.
Golden Visa
The investment threshold is EUR 800,000 for a single property of at least 120 sqm. Long-term rental only (no Airbnb).
Disclaimer: Regional information is indicative only, may change, and should not be treated as legal, regulatory, tax, or investment advice. Please verify with the relevant authorities.
Gerakas is a neighborhood in Pallini and the surrounding area with an area of 6.8 sq km. Currently, most listings in the area are 120+ sqm, but there are other sizes available. Average used price per sqm is about €2,967 with a gross yield of 4% On GREI there are 26 properties for sale in Gerakas from a wide range of local agencies.
Key metrics
New price per sqm
€3,362
Used price per sqm
€2,967
Monthly rent
€1,192
Gross yield
3.56%
Property description
Apartment complex For sale, floor: Basement, Ground floor, 1st, 2nd, 3rd (5 Levels), in Gerakas - Gargittos. The Apartment complex is 810 sq.m. and it is located on a plot of 600 sq.m.. It consists of: 18 bedrooms, 6 bathrooms, 6 wc, 7 living rooms and it also has 7 parkings (7 Closed). The property was built in 2020. Its heating is Autonomous, the energy certificate is: Not required and its floors are Tiles, Wooden. The property's status is: Incomplete, Under construction, it is close to Transportation, Square, Super Market, it has Good view and it has East orientation. The Apartment complex is With Facade, Bright, Airy and it also has the following unique features and advantages: Elevator, Storage, Attic, Internal staircase, Garden, Security door, CCTV, Quiet neighborhood.
Property details
sqm
810
Rooms
18
Year built
2020
Price per sqm
€1,235
Renovated
No
Balcony
Yes
Bathrooms
6
Parking spaces
7
Elevator
Yes
Energy rating
Not required
Property code
180573
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Price list for neighborhood Gerakas
Price per sqm
Total price
sqm
Used price per sqm
Monthly rent
40-64
€3,618
-
65-89
€3,120
-
90-119
€3,076
€9
120+
€2,487
€8
Prices do not represent ground floor or basement apartments, which are often lower by tens of percent. This list is not an official source or a substitute for professional advice.
Similar opportunities
View how available listings are distributed across different categories
Property distribution
Apartment size distribution (sqm)
Distribution by floor
Distribution by construction year
Year built
1960-1979
1%
1980-2000
6%
2000-2019
50%
2020+
43%
