Penthouse for Sale in Glyfada, Athens — 64 m², 4th Floor, City View
A penthouse of 64 m² is offered for sale on the 4th (top) floor of a four-story building in Glyfada, a southern suburb of Athens. One bedroom with the possibility of arranging a second, one bathroom, an open-plan kitchen, a living room. The windows offer a city view. Distance to the sea — 200 meters. Price — on request.
Location
Glyfada is one of the most prestigious suburbs of Athens on the coast of the Saronic Gulf, which is called the "Athenian Riviera." The area combines residential development with a developed commercial infrastructure: restaurants, cafés, shops, shopping centers. The penthouse is located in the very heart of Glyfada, a few steps from the shopping square. To the beach — 4 minutes; the historic center of Athens can be reached by tram or bus. Nearby — the Elliniko park, the market, and the Glyfada golf course.
About the Property
Penthouse of 64 m² on the 4th floor. One bedroom with the possibility of configuring a second, one bathroom, an open-plan kitchen, a living room. The apartment is bright, with excellent southeast orientation and large terraces. There is a balcony. Air conditioners are installed. The apartment is furnished, the kitchen is equipped.
Within the Complex
The building has a shared pool. Information about other amenities and security is absent in the source.
Price and Expenses
Price — €290,000
When purchasing residential real estate in Greece, the buyer pays transfer tax (ΦΜΑ). For citizens of non-EU and non-EEA countries, from July 1, 2027, an increase in the rate from 3% to 15% is planned (including the municipal surcharge — up to 15.45%). Until that date, the current rate of 3.09% applies. For a property in Glyfada valued, for example, at €300,000, the tax at the current rate will be about €9,270, at the new one — about €45,000. The exact amount is calculated on the cadastral value and specified at the transaction.
Notary and registration fees are paid additionally. Total transaction costs typically amount to 8–11% of the property price.
The final transaction amount, including all fees, is calculated individually and communicated prior to contract signing.
Annual expenses: the unified property tax ENFIA. In 2026, for a primary residence in settlements with a population of up to 1,500 residents, a 50% reduction applies for properties valued up to €400,000. Glyfada, as a suburb of Athens, does not belong to such settlements, so the relief does not apply. The municipal TAP fee is also payable.
Ownership Structure and Transaction Format
Ownership form — full ownership (freehold). Foreigners may purchase property in Greece. Transaction steps: legal due diligence, signing of the preliminary contract, payment of the ΦΜΑ tax, notarial execution, and registration in the cadastre. Online viewings and remote execution via power of attorney are available. Support languages — Greek, English.
If Considering as an Investment
The seller classifies the property under the Greece Golden Visa investment program. In 2026, for Glyfada (Attica), the minimum threshold is €800,000 for the purchase of a single property with an area of at least 120 m². The penthouse price is on request and the area of 64 m² is below the established requirements, so it does not qualify for the standard residence permit program. Ownership of property by itself does not grant the right to long-term residence.
Glyfada remains one of the most resilient markets in Athens. According to the Bank of Greece, apartment price growth in Athens in the third quarter of 2025 was 6.6% year-on-year. The area is supported by two catalysts: the large-scale redevelopment of Elliniko and the planned extension of Metro Line 2 to Glyfada, which is not yet fully priced in. A penthouse with large terraces and proximity to the sea can be used for long-term rental. The source provides no data on stated yield.
Best Suited For
— Buyers seeking a penthouse with terraces and a view within walking distance of the sea and the infrastructure of Glyfada.
— Those considering the property for personal residence or long-term rental in a prestigious suburb of Athens.
— Investors prepared to complete the transaction before July 1, 2027, to take advantage of the current 3.09% tax rate instead of the planned 15%.
May Not Be Suitable
— If you plan to use it for the Golden Visa program — the price is on request and the area of 64 m² is below the €800,000 / 120 m² threshold for Attica.
— If you need a sea view — the windows offer a city view.
— If information about the year of construction and the condition of engineering systems is critical for you — the data is limited.
— If you are not prepared for a possible increase in the transfer tax for buyers from non-EU countries after July 2027.
What to Know Before the Transaction
The penthouse is located on the top floor, which ensures privacy and the absence of neighbors above. Large terraces — a key advantage for the Mediterranean climate. In Glyfada, the supply of quality new properties is limited, which supports the value. When purchasing, be sure to verify clean title and the availability of all permits. If you are a citizen of a non-EU country, consider the upcoming increase in the transfer tax: completing the transaction before July 1, 2027, will save a significant sum.
How to View and Purchase
Write to us with your travel dates and budget range. A Discount House manager will confirm the property's availability, send a full transaction cost breakdown, and suggest alternatives in the same area. Viewings in person or via video. Response within 30 minutes.