Townhouse for Sale in Nikiti, Sithonia, Halkidiki — €260,000, Property Under Construction
A two-level townhouse is offered for sale in Nikiti, on the Sithonia peninsula, Halkidiki. The property is under construction. The house area is 90 m², the plot — 1,001 m². Three bedrooms, two bathrooms. The windows offer a sea view. The energy certificate is in the process of being issued. Price — €260,000. The budget for completing construction — about €50,000, timeline — 4–6 months.
Location
Nikiti is a popular resort village on the western coast of Sithonia, approximately 84–100 km from Thessaloniki Airport. The area is known for Blue Flag sandy beaches, pine forests, and developed infrastructure: tavernas, shops, a promenade. The distance to the sea from the property — 350 meters.
About the Property
Townhouse under construction. The house area is 90 m², the plot — 1,001 m². Two levels. Three bedrooms, two bathrooms. The layout includes a bright living room, a fully equipped kitchen, and a covered veranda. The total area with front and rear verandas and a landscaped garden — 130 m². A private pool is provided on the plot.
Price and Expenses
- Price — €260,000.
- Completion budget — about €50,000.
- Price per square meter of the house — €2,889.
When purchasing real estate in Greece, the buyer pays transfer tax (ΦΜΑ). From 2026, for buyers from non-EU countries, an increase in the rate from 3% to 15% for residential real estate is being discussed. At the time of publication, the standard rate for properties not falling under the new rules is 3.09% with a municipal surcharge. The exact rate for this property will be clarified in the course of the transaction.
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 (excluding Attica), a 50% reduction applies for properties valued up to €400,000. Nikiti belongs to such settlements, and the property value is below the threshold, so the relief applies. 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 standard regions of Greece, including Halkidiki, the minimum threshold is €400,000 for the purchase of a single property with an area of at least 120 m². The property price (€260,000) and area (90 m²) are below the established requirements, so it does not qualify for the residence permit program. Ownership of property by itself does not grant the right to long-term residence.
Nikiti is a sought-after destination with high rental demand in the summer season. A townhouse with three bedrooms and a pool, once construction is completed, can be used for seasonal rental. Rental income is subject to Greece's progressive income tax. The source provides no data on stated yield.
Best Suited For
— Buyers prepared to complete construction according to their own design and plan.
— Those seeking a townhouse with a pool and sea view in a popular resort of Sithonia.
— Investors considering the property for summer rental after completion of works.
May Not Be Suitable
— If you need move-in-ready real estate — the property is under construction and requires completion (4–6 months, about €50,000).
— If you plan to use it for the Golden Visa program — the price and area are below the €400,000 / 120 m² threshold.
— If the budget does not account for the costs of completing construction.
— If you need frontline sea property — 350 meters to the beach.
What to Know Before the Transaction
The property is under construction, which offers the opportunity to complete it according to your own design. The completion budget is about €50,000, the timeline — 4–6 months. The 1,001 m² plot has horizontal property ownership. The energy certificate is in the process of being issued — a mandatory requirement for completing the transaction. In season, Nikiti is in high demand, and the beaches may be crowded. When purchasing, be sure to verify clean title and the availability of all permits. For the Golden Visa program, confirm that the property meets the area and use requirements as of the transaction date.
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.