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Agent Details

Ktimatoemporiki Real Estate

Ktimatoemporiki Real Estate

Chania, Chania, Ταμπακαριά


Personal Information

Contact Number

+302821056600

G.E.M.I Number

ADS2342344

Telephone Number

6995554195

Apartment for sale in Palaio Faliro. ID A4-12692

Palaio Faliro, Greece

€175.000

Description

Apartment for sale in Palaio Faliro. Located in the highly sought-after area of Palaio Faliro, just 200 meters from the sea and Flisvos Marina, this fully renovated ground-floor apartment of 53 sq.m. presents an excellent opportunity for both lifestyle living and high-yield investment. Originally built in 1975 and renovated in 2024, the property is delivered in very good condition, ready for immediate use. Internally, the apartment offers a well-balanced and practical layout, consisting of one comfortable bedroom, a bright living room, a fully functional kitchen, and one bathroom. The interior combines tiled and wooden flooring, creating a blend of durability and warmth, while aluminum window frames with double glazing ensure insulation and everyday comfort. The property is equipped with air conditioning and a reinforced security door, enhancing both convenience and safety. Recently painted and carefully maintained, it provides a clean, move-in-ready environment suitable for immediate occupation or rental exploitation. Positioned at the rear side of the building, the apartment offers a quiet and private living atmosphere, away from street noise—an increasingly valuable feature in coastal urban areas. A private balcony adds an outdoor extension to the living space, while its internal orientation enhances tranquility. Externally, the property benefits from direct access via asphalt road and is situated within a residential zone. Its location is a key advantage, being within walking distance to the tram, public transportation, the seaside, Flisvos Marina, the port, and a vibrant selection of cafes, restaurants, local markets, and entertainment venues. With city views and strong positioning in one of Athens’ most established coastal districts, the property is ideally suited for short-term rentals, investment purposes, or as a steady income-generating asset. A compact, strategically located apartment that combines proximity to the sea, modern upgrades, and immediate rental potential in Palaio Faliro. Apartment for sale in Palaio Faliro. Location information. An urban resort with a hint of the Orient, this waterfront suburb offers a refreshing escape from central Athens. Here, you’ll find a ritzy marina, a breezy seaside park, and restaurants serving Turkish-influenced dishes bursting with flavor. Although separated from the sea by Posidonos Avenue, Faliro still enjoys coastal charm and sea views throughout. Originally, this area was a quiet village of fishermen, shepherds, and farmers living simple, traditional lives. However, during the 1960s building boom, apartment blocks quickly transformed its inner streets into dense urban neighborhoods. Even so, the palm-lined promenade brings back the resort feeling with its parks, outdoor cinema, and luxury marina. Thanks to its Olympic-era revamp in 2004, Faliro has embraced a more laid-back, leisure-first lifestyle year-round. While it may lack the raw edge of Exarchia or Kolonaki’s cultural depth, Faliro offers a different appeal. Notably, its standout location makes up for any character deficit, placing it firmly on the map. Faliro serves as the gateway to the Athens Riviera and a quick launch point for Piraeus or downtown. All along Flisvos Marina, glitzy cafes and elegant restaurants invite locals and visitors to linger by the water. Meanwhile, the promenade and beach deliver a scenic, peaceful break from the city’s constant pace. Crucially, the arrival of the Stavros Niarchos Foundation Cultural Centre in 2016 boosted the area’s profile significantly. This bold addition in neighboring Kallithea helped connect the district and injected new cultural energy into Faliro.

Detailed Information

Category

Residential

Prefecture Name

Athens - Southern Suburbs

Municipality

Athens

Location

Palaio Faliro

Address

Palaio Faliro, Greece

Property For

For Sale

Subcategory

Apartment

Build Year

1975

Total Area

53 m²

Bedrooms

1 Bedrooms

Bathrooms

1 Bathrooms

Price

€175.000

Maintenance

Contact agent for pricing

Security Deposit

Contact agent for pricing

Brokerage

Contact agent for pricing

Price Duration

Monthly

Calculate Financial Summary

Monthly Payment

40.295

Principal Amount

3.250.000

Total Interest Payable

1.585.442

Total Amount Payable

4.835.442

Payable Breakdown

Principal

67%

Interest

33%

This is an approximate calculation. Actual monthly payment values may vary depending on the lending institution.