Apartment in Voula, Southern Athens – 500,000€
Main Features:
Area: 96 sq. m
. Floor: 2nd
Number of bedrooms: 2 (one of them is a master bedroom)
Bathrooms: 2
Year of construction: 2020
Sea view: Yes
Land area: 600 sq. m
. Distance to the sea: 950 m
Energy efficiency class: certificate in the process of obtaining
Description of the object
Modern apartment in the prestigious area of Voula, one of the most sought-after places in Southern Athens. The spacious layout includes a living room, an open kitchen, two bedrooms and two bathrooms. A heat pump is installed for autonomous heating and cooling through fan coils. The apartment has Internet access, satellite TV and underfloor heating. A solar water heater, mosquito nets, as well as a dedicated parking space and storage room are available. A balcony with scenic sea views makes this apartment a great option for living and investing.
About Voula district, Southern Athens
Voula is a prestigious coastal area on the Athenian Riviera, located between Vouliagmeni and Glyfada. This area combines convenient urban infrastructure and proximity to beaches. The village has a well-developed transport network, prestigious schools, medical institutions, gourmet restaurants and world-class shops. The area is ideal for family living, recreation and rental of real estate.
Advantages of buying this property
High investment potential: The Athenian Riviera remains one of the most promising areas in Greece with an ever-growing demand for real estate.
Ready to move in: The apartment was built in 2020, does not require additional investments.
Savings on utility bills: Modern technologies, including a heat pump and a solar panel, reduce energy and heating costs.
Proximity to the sea: The beaches of the Athenian Riviera are less than a kilometer away, which makes the property attractive for both living and renting.
Comfort and safety: A new house with a thoughtful layout, a balcony with sea views, air conditioning and parking.
Investment potential: rent and profitability
The average cost of renting apartments in Wool is 2,500-3,500 euros per month, depending on the season and rental conditions. In the summer months, daily rent earns from 150 to 250 euros per day, which makes the purchase of this property a profitable asset for short-term rentals through platforms such as Airbnb.
Obtaining a residence permit when buying real estate
When buying property in Greece in the amount of 250,000 euros or more, the investor gets the right to apply for a "Golden Visa" – a residence permit that is valid for 5 years with the possibility of extension. A residence permit gives you the right to move freely around the countries of the Schengen area and reside in Greece without restrictions.
The dynamics of real estate prices in Voula over the past 5 years
, real estate in Southern Athens has shown a steady increase in prices. The average cost per square meter in Wool:
2019: 3,800 €/m2
2020: 4,100 €/m2
2021: 4,350 €/m2
2022: 4,800 €/m2
2023: 5,300 €/m2
The average annual growth is 6-8%, which makes the area attractive for long-term investments. By 2025, a further increase in the value of real estate is projected due to infrastructure development and high demand from foreign investors.
Conclusion
An apartment in Wool is an investment in comfort and a stable income. Modern technology, excellent location, sea view and the possibility of obtaining a residence permit make this property one of the best offers on the Greek real estate market.