Sale, Land, Professional Plot

GLYFADA - KENTRO

Property Code: 466584

Area 1747 m2

13000000

or by acquiring a mortgage €/ΜONTH

7441.3279908414 € / m2

Modify Date: 24/10/25

Description

A premium residential project in a prime location, next to the Golf of Glyfada, just a few minutes from the center, the beach, and in close proximity to the iconic Hellinikon project. The development will include 16 carefully designed apartments with a total area of 2,690 sqm, along with an additional 2,578 sqm of underground parking and storage spaces, as well as 195 sqm available for sale. In Stage 1 (completion: June 2025), the basement has been fully completed up to the ground floor, while in Stage 2, the project is ready for investment, offering the opportunity for a developer or investor to complete it either with the existing plans or with a new architectural approach. Key advantages include flexible investment options, the possibility of development from Stage 2 onwards with the current contractor or a new partner, a high building coefficient approved before the recent Supreme Court restrictions, modern luxury design with an energy efficiency rating of A++, and secure, risk-free foundations, as excavation and water management have already been completed. This is a unique opportunity for investors or developers seeking a high-return project in one of the most sought-after areas of Athens. The sale price refers to the condition of the project up to the completion of Stage 1.

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Distance from the sea (m) : 300
Depth : 300
Zone : Residential zone
View : Sea, Square, Unlimited, Panoramic
Position : Double frontage, Facade
Noise : Quiet
Building width : 90
Building : Yes
Enclosure : Yes
Facade street : Asphalt
Transportation : Bus, Tram
Building existence : In the concrete
Building(s.m.) : 2690
Building permission : Yes
Good condition : Yes
Number of facades : 4
Drilling : Yes
Slope : Level
Benefits : Electric, Water, Phone, Drainage
Urban condition : Inside the zoning area
Structure factor : 1.5
Cover factor : 0.8

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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