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Flat 31 м² in Athens, Greece

139 468 $

4 498 $ /м²

4OVUN
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Area

31 м2

Bedrooms

1

Bathrooms

1

APARTMENTS IN THE CITY OF EXARCHEIA - B5

A studio apartment for sale in Exarhei. The studio has an area of 30,70 square meters. It consists of 1 bedroom, 1 bathroom, open plan kitchen-living room. The apartment is under renovation and the completion date is October 2023. The studio has air conditioning, double glazed windows and armored door. The studio is fully furnished and equipped, ready to be used as an Airbnb. The apartments are in close proximity to the metro, transportation, city center, Exarchaea Square, restaurants, bars, market, etc.Exarchaea City Apartments: Discover a unique opportunity to invest in 12 studio apartments ranging from 31 m² to 51.1 m² in the center of Athens. They are designed with luxury and convenience in mind; our apartments provide spacious and comfortable living space for residents. Our project is aimed at investors who seek an aggressive type of real estate investment, with short-term rentals being the main way to generate cash flow. The location and timing of the project make it an excellent investment opportunity for those looking to capitalize on Athens' growing tourist market. Investing in this project is a smart choice for those looking to enter the market at the right time.

Additional details

Property type

All Types

Object type

Flat

Price

139 468 $

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 (139 468 $) 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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