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Flat 758 м² in Athens, Greece

22 280 874 $

29 394 $ /м²

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Area

758 м2

Bedrooms

5

Bathrooms

7

5 bedroom luxury apartment for sale in Athens, Attica

The beautiful Majestis Estate House, located in the Paleo Psihiko neighborhood, is an imposing neoclassical building designed in 1956 and completed by 1960. The land was originally purchased from the British state by one of the most prominent Greek shipping families. The elegant and prestigious 758 square meter mansion sits on a rare for the area plot of 3179 square meters, surrounded by an impressive and lush garden with beautiful trees and a large swimming pool of 136 square meters. The property itself is a piece of modern Greek history, in which the best materials have been used. The staircases leading up to the entrance are made of Penteliko marble and the front door is custom made in bronze and iron. Upon entering the house, we find grand rooms with painted ceilings, different types of flooring in each area, such as Penteliko marble with Tinos marble inlay in the hall or Tinos marble with brass inlay in the foyer, which features a grand staircase made of Rhodes Island marble and a unique glass window. The main living room creates a feeling of warmth and elegance, while the dining room with its impressive ceiling and chandelier can comfortably seat 16 people. From the main living room, we access a large terrace that leads to the pool and garden. The garden also has a separate house for the security staff, as well as changing rooms and a bathroom with shower next to the pool. The first floor accommodates all the family's private spaces, while the lower level houses the gym, guest house with separate entrance, parking and other ancillary facilities. Paleo Psihiko is one of the most beautiful neighborhoods in Athens, just 5 km from the city center. It was designed along the lines of the English model garden city, as an exclusively residential neighborhood, in the early 20th century. It has many outstanding high-end villas, as well as unique examples of modern Greek urbanist architecture. The community of P.Psihiko has many embassies, consulates, and some of the best private schools. Through appropriate traffic regulations and other environmental interventions, P.Psihiko has been able to keep its air pollution low and maintain its unique character and prestige. Finally, its residential quality, high demand, but also its extremely easy access to the Kifissias and Mesogeion roads, the Attica highway and the airport make this area an ideal choice for investment.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Object type

Flat

Price

22 280 874 $

Characteristics

Pool

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 (22 280 874 $) 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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