Engel & Völkers
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Investing in Palaio Faliro

€135,000
  • 1 Bedroom
  • 1 Bathroom
  • 52 m² Total surface
  • 52 m² Living area

Description

An interesting investment opportunity in the Panagitsa area of Palaio Faliro is ready for sale. Just a breath away from the tram station and five minutes’ walk from the beach this property located in the first floor of a 1978 building is ideal either as permanent residence or as an investment. By entering the entrance door, you find yourself in the living room with a beautiful green view of the garden, at your left hand there is a small corridor that connects the bathroom, the kitchen and the bedroom. The property needs heavy renovation. The building has elevator.

Features
BalconyElevatorGreen view
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Engel & Völkers MMC Greece

Your advisor: Vasilis Mastorakis

Property ID: W-02YVGP

Property details

Object type

Flat

Condition

Needs renovation

Bedrooms

1

Bathrooms

1

Floor

1

Total surface

52 m²

Living area

52 m²

Flooring

Marble, Parquet

Energy efficiency information

Construction year

1978

Energy efficiency class

energy class icon

Energy certificate available

In progress

Energy certificate type

Consumption certificate

Type of heating

Radiator

Energy source

Central heating, Oil 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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Engel & Völkers MMC Greece

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Provider:

EV MMC Greece S.A.

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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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