Apartment, 111 sqm, Palaio Faliro

Second-floor apartment with a total area of 111.30 sq.m. on Areos Street, in Palaio Faliro, one of the most sought-after residential areas of the southern suburbs of Athens. The apartment is currently leased, which makes it a ready income-producing investment from day one.

The layout comprises a comfortable living room, a separate kitchen, three spacious bedrooms and one bathroom, with the rooms arranged along the floor so that they receive natural light throughout the day. Two storage rooms in the basement, of 7 sq.m. and 4 sq.m., complement the apartment.

The building was constructed in 1984 on a plot of 687.80 sq.m. and is of conventional construction, with an elevator, central heating, double-glazed openings and tiled flooring. The apartment also has a solar water heater and awnings on the balcony. Energy performance certificate class C.

The balcony faces the street and offers a pleasant outdoor space for the residents.

Palaio Faliro combines a quiet residential character with easy access to everything: the shops and services of the town centre, schools, public transport including the tram, and the coastal zone with the marina and the seafront promenade, all within a short distance.

Ideal Audience: The property may be of interest to investors seeking a leased apartment with immediate rental income in the southern suburbs, as well as to buyers looking for a spacious three-bedroom home in an established neighbourhood close to the sea.