Two-Level Penthouse in Loutraki: Premium Waterfront Property
A two-level penthouse of 125 m² with panoramic views of the Corinthian Gulf is available in the heart of Loutraki, on the first line from the sea. Located in a new building on the 5th–6th floors, the property features a private elevator with code access. For investors and families seeking quality housing in Greece, this offering combines premium living standards with strong income potential in one of the most sought-after resorts of the Peloponnese.
Features and Condition
The penthouse comprises two spacious bedrooms with walk-in wardrobes, a living-dining room, a fully equipped kitchen with appliances, and two bathrooms (the upper level features a jacuzzi). The property is equipped with three modern inverter air conditioning units, individual heating with an oil boiler, aluminium double-glazed windows, an armored door, and electric shutters and awnings. The apartment is sold fully furnished, includes a storage room, and offers the option to purchase a parking space.
Investment Potential
The average price per square meter in Loutraki's city center in 2026 is €2,382, representing a 10% increase from the previous year. Demand for luxury properties in this area continues to grow, driven by well-developed tourist infrastructure and proximity to Athens. At an asking price of €350,000 and an average rental rate of €750 per month for three-bedroom apartments, the gross yield stands at approximately 2.6% for long-term rental. For premium penthouses with unique features and sea views, rates can be significantly higher.
| Parameter | Value |
|---|---|
| Average price in Loutraki center | 2026 €2,382/m² |
| Estimated market value | €297,750 |
| Asking price | €350,000 |
| Average rental (3-bedroom) | €750/month |
| Gross yield (long-term) | ~2.6% |
| Short-term rental potential | High (sea view, central location) |
| Annual price growth | +10% |
Short-Term Rental Potential
The Airbnb market in Loutraki is experiencing active growth, with revenue increasing by 12.6% over the past year. Peak profitability occurs during summer months (July–August), when monthly revenue for premium properties can reach $5,208. For penthouses with sea views and private elevators, rates are significantly higher than market average — up to $356 per night. With professional management, the property can generate €30,000–35,000 annually.
Who This Property Suits
- Families — spacious bedrooms, walk-in wardrobes, jacuzzi, sea and mountain views, resort ecology
- Investors — growing market (+10% annually), high demand in the premium segment
- Business owners — premium rental for high-profile guests
- Golden visa applicants — investment from €250,000
❓ Investor FAQ
Is this penthouse eligible for a residence permit?
Yes, with a value starting from €250,000, the property qualifies for Greece's golden visa program.
Which rental type is more profitable?
Short-term rental generates up to $5,208 per month during peak season but requires a license. Long-term rental provides a stable €750/month.
What are the risks?
Seasonal demand fluctuations (peak in summer), high maintenance costs for luxury properties, and regulatory requirements for short-term rentals in Greece.
Market Outlook for 2026
Loutraki remains one of the most attractive resorts in the Peloponnese, combining therapeutic thermal springs, a casino, and proximity to Athens (1 hour by car). Property prices have increased by 10% over the past year, and demand for premium waterfront housing continues to rise. The penthouse's unique location in the city center, 50 meters from supermarkets and 80 meters from the beach, ensures high liquidity and strong interest from renters.