Engel & Völkers
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Palaio Faliro Downtown investment

€170,000
  • 1 Bedroom
  • 1 Bathroom
  • 65 m² Total surface
  • 65 m² Living area

Description

This cozy and convenient apartment is located at the very center of Palaio Faliro. It is a semi basement-mezzanine property with a small balcony. It is fully renovated with expensive materials and is ideal for Airbnb and long-term renting. By entering the apartment, you find yourself in an open plan area that includes the kitchen and the living room, as well as a bathroom. By ascending the interior staircase, you find yourself in the bedroom that includes a really spacious closet and a balcony that overlooks a small garden. *The property is currently rented for the three next years yielding a ROI of 5% The Energy Performance Certificate is currently being issued

Features
Air conditionBalconyBuilt-in kitchenGardenSecurity systemBuilt in wardrobeGreen view
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Engel & Völkers MMC Greece

Your advisor: Vasilis Mastorakis

Property ID: W-02WYA1

Property details

Object type

Maisonette

Condition

Top

Bedrooms

1

Bathrooms

1

Number of Floors

2

Total surface

65 m²

Living area

65 m²

Flooring

Tiles

Energy efficiency information

Construction year

1974

Energy efficiency class

energy class icon

Energy certificate available

Yes

Energy source

Decentral heating

Location: Palaio Faliro, Decentralized Administration of Attica

Location: Located on the Athens Riviera, Paleo Faliro is a neighborhood just 5 kms away from the city center, a 15-minute drive to the port of Piraeus and just across the redevelopment of the Flisvos Marina and the sprawling Stavros Niarchos Cultural Center. Unique features: A family-friendly seaside neighborhood that still retains its authenticity, Paleo Faliro boasts wide promenades on the seafront, easy access to beaches, cafes, restaurants and summer beach bars and clubs. Paleo Faliro is conducive for both families, buyers looking to have returns on their investment, and single households as it is close to schools, cultural centers, the National Opera and National Library and marinas. Accessibility: Ideally located midway between the city center and the coast. Easy access to trams, train stations, bus services and it is just a 15-minute drive to Piraeus Port, offering a quick getaway to the islands. It is a 45-minute drive to the international airport. Investment potential: The neighborhood benefitted hugely from the Flisvos Marina redevelopment and to the Stavros Niarchos Foundation, making it a prime choice for real estate investors.

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Apartments for sale in Palaio Faliro

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Engel & Völkers MMC Greece

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Provider:

EV MMC Greece S.A.

Commission details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and registration fees shall be paid by the purchaser. The commission shall be paid by the seller and /or the buyer depending on the brokerage agreements in place.

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