Palaio Faliro Apartment

Details

Apartment with a view to Argosaronikos, under renovation of 5th floor of total area 104 sqm with storage room 4 sqm

Ιn a prime location in a quiet area, luxurious, exceptional aesthetics, terraces,  underfloor heating with individual gas boiler and all wooden floors, underfloor heating with individual gas boiler fireplace, spacious, fully designed and furnished, the apartment has spacious living room with dining area and open plan kitchen, 3 bedrooms of which 1 master with  bathroom, 1 bathroom.

The Apartment is located in one of the most iconic, high end coastal areas of Athens, Palaio Faliro. The area makes an excellent choice due to its’ proximity both to the coastline and to the center of Athens. The nature of the area makes it both attractive to locals, who are looking for long term rentals, and to travelers, who are looking for short term rentals. This factor makes properties in the area a solid, safe investment, with good and stable returns. In addition to this, it is also expected for the area to be upgraded, within the following 10 years, upon the completion of the Hellinikon Project which will be situated only 2.5km away from the apartment. The upgrade of the area will most likely increase the value of the property over the following years & improve the rental yields making it an even more attractive investment due to its’ potential surplus value. Our renovation & refurnishing proposal is a turnkey solution aiming to the maximization of the properties’ utility, comfort, style and most importantly return on investment.

The Current set up of the apartment is based on the traditional Greek style which involves a large living & dinning area together with a large hall area to welcome guests. Greek people used to invite many people to their homes for dinners and parties and thus focused more on the areas of the houses that would host guests rather than the living areas of the owners.  The modern home according to the latest worldwide standards of living is more focused on smart usage of space to maximize utility. Apart from the setup upgrades that we offer on our solution, the apartment will also undergo technical upgrades to maximize energy efficiency and minimize maintenance costs.

Price: €360.000