Apartment for sale
€390,000
|
€2,786 per sqm
sqm
140
Rooms
3
Floor
Floor 3
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Local agents share about the neighborhood
Who lives in the neighborhood?
Young locals, Local families, Local seniors, Tourists
What can an investor find in the neighborhood?
Long-term rental, Short-term rental
Sense of security
Cleanliness and maintenance
How easy to find a tenant?
How easy to sell a property?
Who lives in the neighborhood?
Young locals, Local families, Local seniors, Tourists
What can an investor find in the neighborhood?
Long-term rental
Sense of security
Cleanliness and maintenance
How easy to find a tenant?
How easy to sell a property?
Who lives in the neighborhood?
Local families, Local seniors
What can an investor find in the neighborhood?
Long-term rental
Sense of security
Cleanliness and maintenance
How easy to find a tenant?
How easy to sell a property?
Who lives in the neighborhood?
Local families, Local seniors
What can an investor find in the neighborhood?
Long-term rental, Short-term rental, Multiple properties with flip potential
Sense of security
Cleanliness and maintenance
How easy to find a tenant?
How easy to sell a property?
Neighborhood insights
Among the top ten neighborhoods with the most restaurants
Property surroundings
This property is close to the sea.
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Key metrics
New price per sqm
€5,970
Used price per sqm
€5,014
Monthly rent
€1,938
Gross yield
3.85%
Glyfada is a municipality in athens and the surrounding area with an area of 25.6 sq km. Currently, most listings in the area are 120+ sqm, but there are other sizes available. Average used price per sqm is about €5,014 with a gross yield of 4% On GREI there are 423 properties for sale in Glyfada from a wide range of local agencies. Learn more about the neighborhood
Property description
high-quality property located in a prime position in Lower Glyfada, one of the most sought-after areas of the Athens Riviera. Its central location offers immediate access to Glyfada’s commercial center, public transport, dining, retail amenities, and the coastline, making it a highly attractive asset with long-term value. The apartment is situated on the 3rd floor and has a total surface area of 140 sq.m., offering spacious and bright interiors. It comprises three bedrooms, including one master bedroom, two bathrooms, an additional guest WC, a large living room, and a fully functional kitchen. The open aspect and well-designed layout enhance comfort and livability. The property was originally built in 1985 and renovated in 2001, remaining in very good condition. It features wooden flooring, aluminum window frames with double glazing, autonomous oil heating, air conditioning, solar water heater, boiler, and radiators. The energy efficiency rating is Class D. Additionally, the property includes two parking spaces in the pilotis, a significant advantage for the area, as well as access to a garden. The offering the acquisition of a 50% undivided ownership interest in the property, providing immediate income potential. The apartment is currently leased at €1,800 per month, with a clear possibility of renewal at €2,200 – €2,500 per month, in line with current market conditions. This ensures stable cash flow from day one, along with strong upside potential in rental yield. With a total property price of €390,000, this opportunity represents a well-balanced investment combining a premium location, large surface area, existing rental income, and solid prospects for capital appreciation. It is ideal for investors seeking security, consistent returns, and long-term value in one of Greece’s strongest real estate markets.
Property details
sqm
140
Rooms
3
Floor
Floor 3
Year built
1985
Price per sqm
€2,786
Renovated
Yes
Bathrooms
2
Parking spaces
2
Energy rating
D
Property code
2060110
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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
Up to 1960
0%
1960-1979
12%
1980-2000
26%
2000-2019
22%
2020+
40%
Price list for municipality Glyfada
Price per sqm
Total price
sqm
Used price per sqm
New price per sqm
Monthly rent
10-39
€5,826
-
€22
40-64
€4,520
€5,226
€16
65-89
€4,457
€5,128
€15
90-119
€4,359
€5,634
€14
120+
€5,423
€6,903
€17
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.