Townhouse 160 m² in Polychrono, Kassandra, Halkidiki — €650,000
A townhouse of 160 m² is for sale in a complex of six maisonettes in Polychrono on the Kassandra peninsula, Halkidiki. Three bedrooms, two bathrooms, and a separate toilet. Energy class — A. Move‑in in 2026. Price — €650,000.
Location
Polychrono is one of the most popular resort villages on the Kassandra peninsula, located on the eastern coast, 90 km from Thessaloniki Airport. The beach is awarded a "Blue Flag," and the water is warmer and calmer than on the western coast. Along the promenade, there are numerous tavernas, cafes, and shops. The complex is within walking distance of the public beach, with a safe pedestrian crossing via an underground tunnel.
About the property
Townhouse of 160 m². On the ground floor: a spacious living room with a 55" TV, sofa, and air conditioning, a fully equipped kitchen (refrigerator, oven, stove, microwave, coffee machine, dishwasher, utensils), a bedroom with two single beds and a TV, and a bathroom with a shower. On the second floor: two bedrooms with double beds, each with a large terrace — one with sea views, the other with garden views, and a bathroom with a toilet. Energy class — A.
In the complex
The complex consists of six maisonettes sharing a common courtyard of approximately 1,000 m². The grounds feature a common barbecue area and separate parking for each house. The complex is within walking distance of the beach.
Price and costs
- Price — €650,000.
- Price per square meter — €4,063.
- Year of construction — 2026.
When purchasing property in Greece in 2026, the buyer pays a property transfer tax 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, with the same 3.09% tax applied instead.
The final transaction amount, including all fees, is calculated individually and provided before the contract is signed.
Annual expenses: property tax ENFIA. In 2026, for primary residences in settlements of up to 1,500 inhabitants with a value of up to €400,000, a 50% reduction applies. Since the property value exceeds €400,000, the exemption does not apply. 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
Halkidiki is among the most expensive and sought‑after resort real estate markets in Greece: prime beachfront villas reach €14,000 per m². Polychrono enjoys steady demand, and the property is suitable for rental. 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 threshold is €400,000 for a single property of at least 120 m². The price and area of the property meet the requirements. For properties acquired under the program, short‑term rental is prohibited — only long‑term rental 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 three bedrooms and two terraces with different views.
- Buyers who value a new energy‑efficient A‑class home within walking distance of the beach.
- Investors considering acquisition for the Golden Visa program.
May not be suitable for
- If you need a beachfront property — the beach is within walking distance.
- If you plan short‑term rentals for Golden Visa properties — there is a ban.
- If your budget does not account for the annual ENFIA tax on a property valued above €400,000.
- If you need a completely detached house — the complex comprises six homes sharing a common courtyard.
- If you are looking for a property with a pool — this is not specified in the source.
What to know before the transaction
The property was built in 2026 with energy class A — it is new, but it is worth checking the condition upon handover. During the season, Polychrono is in high demand among tourists, and coastal roads and parking may be congested. Outside the season, the village lives at a slower pace. 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.