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Bulding for sale
€850,000
|
€914 per sqm
sqm
930
Rooms
30
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By submitting this form, you accept our Terms of Use and Privacy Notice.Steps on the way to the property
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Key metrics
New price per sqm
-
Used price per sqm
€1,559
Monthly rent
€446
Gross yield
6.41%
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 peripheral area (Tier 2).
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 reduced investment threshold is EUR 400,000 for a 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.
Psilalonia is a neighborhood in Municipality of Patras and the surrounding area with an area of 0.3 sq km. Currently, most listings in the area are 65-89 sqm, but there are other sizes available. Average used price per sqm is about €1,559 with a gross yield of 6% On GREI there are 2 properties for sale in Psilalonia from a wide range of local agencies.
Property description
BUILDING FOR SALE IN IPSILA ALONIA, PATRA OF ACHAIA FOR 950.000€. LOCATED IN THE ADMINISTRATIVE AREA OF PATRA, REGION OF ACHAIA, THIS CORNER PROPERTY IS NOW AVAILABLE FOR SALE. THIS BUILDING IS BUILT ON THE SEMI GROUND FLOOR AND SIZED ABOUT 930SQM WITH ITS LAND SIZE BEING AROUND 500SQM. CONSTRUCTED IN YEAR 1962, THE BUILDING WAS FINISHED ON THE HIGHEST STANDARDS OF THE MARKET. THIS PROPERTY DEVELOPS ON 3 LEVELS AND FEATURES 30 BEDROOMS, 5 KITCHENS AND 5 BATHROOMS. WALKING THROUGH THE PROPERTY SOMEONE CAN FEEL THE SPACIOUS SITTING ROOM WHILE YET BEING ABLE TO ENVISION ANY POSSIBLE CHANGES WITHIN ROOMS. SECONDARY AND SUPPLEMENTARY ROOMS ARE ALSO A BONUS FOR THE PROPERTY AS IT HAS A STORAGE ROOM. THIS PROPERTY COMES UNFURNISHED WITH MOSAIC TILES FLOORING. THE RESIDENTS OF THE PROPERTY CAN ENJOY THE LASH GREEN GARDEN THAT IS INCLUDED IN THE PROPERTY. OTHER FEATURES THAT THE PROPERTY ENJOY, INCLUDE: AUTONOMOUS HEATING SYSTEM WITH PETROL, WOODEN JOINERY, BALCONY. THE ASKING PRICE IS 950.000€.
Property details
sqm
930
Rooms
30
Year built
1962
Price per sqm
€914
Renovated
No
Balcony
Yes
Bathrooms
5
Elevator
No
Energy rating
G
Property code
31055
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Price list for neighborhood Psilalonia
Price per sqm
Total price
sqm
Used price per sqm
Monthly rent
10-39
€2,330
€10
40-64
€1,491
€8
65-89
€1,557
€6
90-119
€1,440
€5
120+
€1,435
€5
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
Up to 1960
3%
1960-1979
43%
1980-2000
38%
2000-2019
9%
2020+
7%