House 150 m² in Nikiti, Sithonia, Halkidiki — €600,000
A house of 150 m² is for sale in the coastal area of Nikiti, on the Sithonia peninsula. The property is located 70 meters from the sea, right in the center of the resort part of the village. The house was built in 1980, with four bedrooms, two bathrooms, a large living room with a fireplace, two floors, and four balconies. The energy certificate is currently being processed. Price — €600,000.
Location
Nikiti is located on the western coast of the Sithonia peninsula, approximately 100 km from Thessaloniki. It is one of the most popular coastal villages of Halkidiki, combining developed infrastructure and proximity to the sea. The house is situated in the central part of the beach zone — 70 meters from the sea, near restaurants, cafes, and shops, yet surrounded by the greenery and pine trees characteristic of Sithonia.
About the property
A house built in 1980. Two floors, total area of 150 m². The layout includes four bedrooms and two bathrooms. A large living room with a fireplace is the central space of the house. Four balconies overlook the yard, providing access to fresh air and views of the plot. The house has 4 bedrooms and 2 bathrooms. The energy certificate is currently being processed.
In the complex
Information about the complex is not provided in the source.
Price and costs
- Price — €600,000.
- Price per square meter — €4,000.
- Year of construction — 1980.
When purchasing existing property in Greece in 2026, the buyer pays a property transfer tax (FMA) of 3.09% of the value. Notary and registration fees are approximately 1–2% of the value. VAT on new builds is suspended until the end of 2026, but for a 1980 property this is not relevant.
The final transaction amount, including all fees, is calculated individually and provided before the contract is signed.
Annual expenses: property tax ENFIA. In 2026, rates are calculated automatically through the myAADE system. For Halkidiki (including Sithonia), taxes on spacious villas are often 1.5–2 times lower than in the suburbs of Athens, thanks to moderate zone rates. Estimated annual tax for a 150 m² house is from €350 to €500 per year. 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
Nikiti is one of the most sought‑after villages in Sithonia, with growing tourist demand. The house is suitable for rental under both short‑term and long‑term contracts. 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 price (€600,000) and area (150 m²) meet these requirements. However, for properties acquired under the program, short‑term rental (Airbnb, Booking, and similar platforms) is prohibited — only long‑term rental under a contract of at least 5 years is permitted. Conditions are current at the date of the transaction. Owning property does not in itself grant the right to long‑term residence.
Suitable for
- Families who need four bedrooms and ample space for comfortable living.
- Buyers who value a location 70 meters from the sea in the center of Nikiti's beach zone.
- Investors considering acquisition for long‑term rental or for the Golden Visa program (price and area meet the thresholds).
May not be suitable for
- If you need new or modern property — the house was built in 1980.
- If you plan short‑term rentals through platforms — for Golden Visa properties there is a ban; for others, the rules need to be verified.
- If you are looking for a property with a known energy efficiency class — the certificate is currently being processed.
- If your budget does not account for annual ENFIA tax and maintenance costs for an older house.
- If you need a house with a large plot or pool — this information is not available.
What to know before the transaction
The house was built in 1980 — it is advisable to request a report on the condition of the systems, roof, façade, and windows. The energy certificate is currently being processed — this is a mandatory requirement for completing a sale‑and‑purchase transaction in Greece; without it, the final contract cannot be signed before a notary. During the season, Nikiti is in high 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. If you are considering the property for the Golden Visa program, take into account the ban on short‑term rentals and the need to comply with all program conditions for 2026.
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.