Apartment 56 m² with sea view in Gerakini, Sithonia, Halkidiki
An apartment of 56 m² is for sale in the coastal village of Gerakini on the Sithonia peninsula, Halkidiki. Two bedrooms, one bathroom. Distance to the sea — 200 meters. The windows offer sea views. Energy efficiency class — Δ (delta). Price — €170,000.
Location
Gerakini is a quiet coastal village in Halkidiki, known for its long sandy beaches, shallow turquoise waters, and peaceful atmosphere. Located between the Kassandra and Sithonia peninsulas, it makes a convenient base for exploring the region while retaining an authentic Greek environment. There are shops, taverns, cafes, and necessary services here. Thessaloniki Airport is about an hour's drive away, making Gerakini a convenient choice both for holidays and for permanent residence.
About the property
Apartment built in 1974. The layout includes two bedrooms and one bathroom. Distance to the sea — 200 meters. Energy efficiency class — Δ (delta). The windows offer sea views. The 1974 construction year means the building falls into the category without thermal insulation, with high energy consumption.
In the complex
Information about the complex is not provided in the source.
Price and costs
- Price — €170,000.
- Price per square meter — €3,036.
- Year of construction — 1974.
When purchasing property in Greece, the buyer pays a property transfer tax (FMA) of 3.09% of the value for existing properties. Notary and registration fees are approximately 1–2% of the value.
The final transaction amount, including all fees, is calculated individually and provided before the contract is signed.
Annual expenses: unified property tax ENFIA. In 2026, for primary residences in settlements of up to 1,500 inhabitants with a property value of up to €400,000, a 50% reduction applies. Gerakini falls under this category, and the property price is below the €400,000 threshold, so the exemption applies. The municipal tax TAP is also payable.
Purchase procedure and transaction format
Form of ownership — full ownership (freehold). Foreigners may purchase property in Greece. Transaction steps: property selection, legal due diligence, signing of a preliminary contract, notarial closing, and registration in the cadastre. Online viewings and remote purchase by power of attorney are available. Languages of support — Greek, English.
If you are considering it as an investment
The tourist season in Halkidiki runs from May to October, creating high demand for short‑term rentals. Property in Gerakini is becoming increasingly popular among international buyers and Greek families looking for a second home by the sea. The apartment is suitable for rental both during the season and on a long‑term basis. Rental income is subject to progressive income tax in Greece. No data on projected yields or a management company is provided in the source.
The seller may classify the property under the Greece Golden Visa program. In 2026, for standard regions including Halkidiki, the minimum investment threshold is €400,000 for a single property of at least 120 m². The property price is below the threshold, so it is not suitable for the residency program. Owning property does not in itself grant the right to long‑term residence.
Suitable for
- Those looking for an affordable seaside apartment with a sea view.
- Buyers who value a quiet coastal village with access to infrastructure.
- Investors considering acquisition for seasonal rental.
May not be suitable for
- If you need a new or modern apartment — the property was built in 1974.
- If you are looking for energy‑efficient housing — class Δ means high operating costs.
- If you need a beachfront property — the beach is 200 meters away.
- If you plan to use the property for the Golden Visa program — the price is below the €400,000 threshold.
- If you need a property with a known year of renovation — this information is not available.
What to know before the transaction
The apartment was built in 1974, which is typical for most Greek homes of that period — without thermal insulation, with aluminum frames and old heating systems. This means higher heating and cooling bills. Energy efficiency class Δ is below average on the A+–H scale. During the season, Gerakini is in demand among tourists, and coastal roads and parking may be congested. Outside the season, the village lives at a slower pace, and some establishments may close. When purchasing, an up‑to‑date Energy Performance Certificate (EPC) is mandatory, without which the transaction cannot be completed before a notary.
How to view and purchase
Let us know when you plan to visit and what your budget is. A Discount House manager will confirm whether the property is available, send a full cost breakdown for the transaction, and suggest alternatives in the same area. Viewings in person or via video. Response within 30 minutes.