Sale, Residential, Building

PALAIO FALIRO - PANAGITSA

Property Code: 511886

Rooms 6
Bathrooms 3
Floor 0 (Ground Floor)
Area 270 m2
Construction 1975

1800000

or by acquiring a mortgage €/ΜONTH

6666.6666666667 € / m2

Modify Date: 20/02/26

Description

Residential building with three apartments in Palaio Faliro, in the Panagitsa area, in a highly privileged location next to Amfitheas Avenue and just 1,200 meters from the seafront. The property stands on a 305 sq.m. plot, in a neighborhood characterized by modern residential buildings of up to six floors, a factor that significantly enhances its development potential and future appreciation. The building comprises: • Semi-basement level of 50 sq.m., unfinished, with façade and direct access to the garden. • Elevated ground floor, which due to the natural slope of the land at the rear side of the building functions visually as a first floor. • An additional residential level, forming a total of three independent apartments. The property requires renovation, offering the opportunity for complete redesign according to modern standards, either for private use or for investment purposes (long-term or short-term rental). An excellent investment opportunity in one of the most sought-after areas of the southern suburbs of Athens, with immediate access to main roads, public transport, shops and schools, and within short distance of the coastal zone. Ideal for investors or for the creation of contemporary residences with strong future return and capital appreciation.

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Video

Boiler : Preinstallation
WC : With window
WC (number) : 1
Renovation : Double glazed windows
Drainage : Sewer
Elevator : No
Floors : Marble, Oak
Satellite Antena : ---
Solar heater : Preinstallation
Heating : Individual
Living room : Big, Single with dinning room, Bright
Pets acceptable : Yes
Burner : Petrol
Kitchen : Independent, With window
Kitchen (number) : 3
Bathrooms : Big, With window
Bathrooms (number) : 3
Sitting room : Big
Stairs : Interior
Dining room : Single with living room
Type Power : Single phase
Rooms : 6
Double bedrooms : Big, With big closets
Double bedrooms (number) : 3
Bedrooms children : Big
Bedrooms children (number) : 3
Floor area 0- : 50
Area condition : Unfinished
Level Use : Living room, Kitchen, Double bedrooms, Bath
Floor area 0+ : 100
Area condition : Newly built
Level Use : Living room, Dining room, Sitting, Kitchen, Double bedrooms, Small bedrooms, Floor apartment
Floor area 1 : 120
Area condition : Newly built
Level Use : Living room, Dining room, Sitting, Kitchen, Double bedrooms, Small bedrooms, Bath, Floor apartment
Terraces : In the living room
Terraces (s.m.) : 25
Property area : 305
External appearance : Beautiful garden
Noise : Quiet
Garden : Yes, Proprietary
Garden (s.m.) : 160
Balconies : In the bedrooms, In the living room
Balconies (s.m.) : 25
Surrounding area : Close to school, Close to market, Big plot, With big garden, Quiet area, Close to public transports
Tents : Yes, Living room
Storehouse : Yes, Big
Storehouse (s.m.) : 10
No. Floors : 1
Number of apartments : 3
Zone : Residential zone
View : Garden
Position : Double frontage, Facade
Suitable for Vacation House : No
Suitable for Business use : Yes
Suitable for Students : No
Property status : Newly built
Hired : No
Quality construction : Modern construction
Quality area : Good
Orientation : Eastern
Transportation : Bus

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)
Loan Interest
Loan Repayment Period

Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500

Indicative Installment Amount

Interest Amount:
*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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