GLYFADA - KENTRO
Property Code: 466584
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 |
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
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