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House 600 м² in Athens, Greece

3 331 317 $

5 552 $ /м²

4OaLe
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Area

600 м2

Bedrooms

4

Luxurious 8-room detached house for sale in Athens, Greece

In an area where the number of properties available for sale is constantly decreasing, this building represents a rare investment opportunity with high returns. It is ready for immediate occupancy without additional costs for planning and renovation. *Energy efficiency certificate is currently being processed. This fully restored neoclassical building from 1910 is located in the heart of Psirri. The renovation, done using high-quality materials and aesthetics, was completed in 2020, and since then the building has been functioning as a hotel. The total area of the building is 600 sq. m, with 8 apartments located inside. Specifically: - on the ground floor two apartments of 45 and 65 sq. m with separate entrances - on the 1st floor two apartments of 52 and 65 sq. m - on the 2nd floor two apartments of 65 sq. m and two apartments of 65 sq. m - on the 3rd floor two apartments of 95 and 85 sq. m Psirri is one of the oldest neighborhoods in Athens. The first historical records date back to 1687. It is located in the historic center of Athens near Monastiraki. Like all neighborhoods in the city center, it has undergone many changes, which are reflected in its architectural appearance. Neoclassicism and Athenian modernism coexist in a unique way, in buildings that used to house small factories and shops. The modern Psirri neighborhood is a gathering place for all creative communities of the city, such as artists, musicians, and designers, who often open their studios here, along with cafes, restaurants, and bars.

Additional details

Property type

Residential Properties

Object type

House

Price

3 331 317 $

FAQ

In Greece a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Athens; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Greece finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Greece takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Athens short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (3 331 317 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Athens: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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