New buildings in Athens
City on the map
Athens is the capital of Greece; it is surrounded by mountains: Egaleo, Parnis, Pendelikon and Imitos.
Why is it profitable to buy apartments in Athens in the new buildings?
The city has a rich ancient history, until now such ancient Greek and Roman sights as the Temple of Hephaestus, Lycabettus, Acropolis, Temple of Olympian Zeus and many others have survived, which makes Athens extremely attractive for tourism. As a city-state, Athens reached the pinnacle of its development, defining many trends in the development of later European culture.
Today it is a modern, but not too crowded metropolis with many romantic streets and quiet neighborhoods suitable for walking. The city has many modern new streets with busy traffic, and the suburbs look rustic and peaceful and calm.
The capital is the center of trade and industry in Greece: the textile, shipbuilding, food, metallurgical, machine-building, oil refining and chemical industries of the economy are well developed. Tourism also plays a big role.
Athens International Airport serves international air travel. The city has a fully developed transport infrastructure, which is represented by buses, trolleybuses, metro, trams and trains. The railway connects Athens with the airport, as well as with other seaports.
Athens is also a resort town: a comfortable beach holiday on the shores of the Aegean Sea is one of the additional benefits.
The climate of Athens is Mediterranean. Summers are dry, sometimes very hot. Winters are mild and humid.
Education here is at a quite high level, graduates receive a diploma that is quoted in any EU country and in the world. Education in Greece is relatively inexpensive.
Since the city remains invariably attractive primarily in terms of tourism, many foreign investors seek to buy real estate in Athens in the new buildings, making a profitable investment.
Residential complexes in Athens are being built in compliance with advanced technologies; the sale of apartments from developers can be carried out on a full payment basis or in installments. New buildings in Athens from the developers offer new communications and modern planning; there are positive reviews about the quality of the objects being built.
Buying an apartment from a developer in Athens is not very expensive by the standards of the EU real estate market ( also taking into account the tourist status of the city). According to the information provided by the real estate search engine GEOLN.COM, the minimum price per square meter of turnkey area is 2,000 USD.
Purchase of apartments in Athens from the developers by foreigners
Foreigners can buy apartments in Greece and obtain a residence permit through an investment of more than 250,000 euros.
Highlights of the city
- Parthenon and Acropolis;
- National Garden;
- Ancient Agora;
- Temple of Olympian Zeus;
- Constitution Square;
- National Archaeological Museum;
- Mount Lycabettus;
- New Acropolis Museum.
Areas of the city where new housing is being built and where it is better to invest or buy for living
Apartments in new buildings in liquid areas of the Greek capital are being sold out during the construction phase. The market for new buildings is developing in the most popular areas in the south of the city. Most of the newly built houses and houses under construction for sale in the capital of Greece are located along the sea. These are the quiet residential areas in the Athenian Riviera: Glyfada, Elliniko, Ilioupoli, Alimos. On the site of the former airport, in Elliniko, the builders will build a recreational project - a kind of the Disneyland park.
They are also actively building in the regions of Vrisilia, Heraklion, Pefki, Agia Paraskevi. The most expensive area is Glyfada. There are no new buildings in the Center, the restoration of old buildings continues there.
Purchasing apartments in the new buildings in Athens is a status and profitable investment with the potential for high rental income in one of the most historically popular cities in the world.
Prices for new buildings near metro stations in Athens
|Panormou||2300$ / m2|
|Metaxourghio||2600$ / m2|
|Neos Kosmos||4270$ / m2|
|Rouf||2870$ / m2|
|Victoria||2600$ / m2|