In one of the most prestigious areas of Athens, Glyfada, a luxury duplex maisonette with a total area of 198 m2 is offered for sale, which is in the final stage of construction. This property is ideal both for permanent residence and as a high-end investment property. The architecture is focused on functionality, aesthetics and modern engineering solutions.
Glyfada district: prestige and convenience
Glyfada is considered one of the most expensive and developed areas of the Athenian Riviera. It is a coastal area with developed infrastructure, luxury boutiques, restaurants, international schools and proximity to the center of Athens (about 12 km). Nearby there are beaches, marinas and green areas. The favorable climate with mild winters and long warm seasons makes this area ideal for living or renting out real estate all year round.
Investment potential
Over the past five years, the real estate market in Glyfada has demonstrated steady price growth — by an average of 25-30%, especially in the segment of new properties with high environmental standards. Demand for rental and purchase of real estate remains high from both local residents and foreign investors. The potential income from long—term rental of such a maisonette is from 2,500 euros per month, and daily rent in the season is from 250 euros per night.
Residence permit through the purchase of real estate
The purchase of this property in Greece entitles you to apply for a residence permit under the investment program if the purchase price exceeds 250,000 euros. This is a great opportunity to obtain legal status in an EU country and freedom of movement in the Schengen area. A residence permit is provided to the whole family and can be extended indefinitely.