Prime Coastal Investment: Fully Renovated Sea-View Apartment with Private Garden in Paleo Faliro

Property overview

Located on prestigious in Paleo Faliro, this high ground-floor apartment offers an exceptional blend of seaside living and immediate rental returns. Fully renovated in 2025, the property features a massive 192 m² private garden terrace and direct sea views, situated right across from the beach and coastal promenade.

Key Property Specifications

• Sale Price: €385,000
• Price per Sq.M.: ~€5,662 / m²
• Property Size: 68 m² interior area
• Outdoor Space: 192 m² Private Garden / Terrace (Featuring a covered pergola, dining area, outdoor BBQ, and artificial turf lawn)
• Layout: 2 Bedrooms, Open-Plan Living & Dining Room, Kitchen, 1 Bathroom
• Floor / Building: High Ground Floor in a 7-story residential building with elevator
• Year of Construction: 1980 | Renovation Year: 2025
• Heating & Utilities: Central Heating, Air Conditioning, and Solar Water Heating System
• Monthly Building Maintenance Fee: €40 – €60
• Location: Paleo Faliro, Athens (175 62)

Investment Profile & Financials
• Monthly Rental Income: €1,300 / month
• Gross Annual Yield: ~4.05%
• Investment Status: Tenant in place with an active lease contract until March 2027
• Financing Details: Mortgage not available | Property exchange not accepted