Investment Opportunity – Residential Building in Glyfada (Pyrnari Area)
A rare opportunity to acquire a residential building in one of the most sought-after neighborhoods of Glyfada, offering both long-term appreciation of value and income generation potential.
The property, built in 1990, is in very good condition and extends to a total of 510 sq m, developed on three levels plus pilotis and basement, on a plot of 542 sq m. The building consists of three spacious floor apartments of 130 sq m. each, with independent layouts, large balconies and open views of the sea and mountains.
Key Investment Features
Property Type: Residential Building / 3 Apartments
Total Area: 510 sq m. | Plot Size: 542 sq m
Apartments: 3 x 130 sq m, each with 3 bedrooms, 2 bathrooms, living room with fireplace, kitchen, security door and large balconies.
Parking: 3 designated spaces.
Basement: Storage and utility rooms.
Outdoor Area: Landscaped garden on the ground floor.
Features: Elevator, 3 fireplaces, autonomous heating, A/C, solar water heaters, double aluminum glazing, oak floors, security doors.
View: Unobstructed mountain and sea views.
Investment Prospect
Prime Location: Pyrnari, Glyfada – a quiet and luxurious residential area with strong demand.
Flexibility: Suitable for long-term leases, short-term furnished leases or resale of individual apartments.
Valuation: Properties in Glyfada continue to show steady capital appreciation, supported by high domestic and international demand.
Stable Yields: The three independent residences offer strong potential for reliable rental income generation.
Asking Price: €1,650,000
Price per sq m: €3,235
This property is a reliable investment in one of the most luxurious suburbs of Athens, offering both immediate income and long-term capital appreciation.
