In the heart of the prestigious Glyfada Golf area, just 20 meters from the Golf Club, this fully renovated ground-floor studio of 40 sq.m. is offered for sale. The property, refurbished in 2024, is a detached residence featuring one bedroom, an open-plan kitchen with living room, and a bathroom. It also includes a private garden and parking space on a 50 sq.m. land plot. The heating is autonomous (electric), it holds an Energy Class C certificate, faces northwest, and has low monthly maintenance fees of approximately €50. The asking price is €250,000, with a price per square meter of €5,950. Due to its exceptional location and direct proximity to the Golf Club, the property presents a highly attractive investment opportunity. In the case of long-term rental use, the expected monthly rent for a fully renovated ground-floor studio in this area ranges between €1,000 and €1,200 depending on amenities and lease terms, generating an annual gross income of €12,000–14,400 and an estimated yield of 5%–6% on the purchase value. If used for short-term rental through platforms such as Airbnb, with an average daily rate of €70–80 and an occupancy rate of 65%–70%, the projected annual revenue could reach €15,000–18,000, corresponding to a net yield of up to 7.5%. The strong demand for compact residential units in Glyfada from both local and international buyers, combined with the very limited supply in such a prime area, contributes to excellent mid-term capital appreciation potential. This property is presented by Alpha Venus Management. Our agency commission is 3% of the final agreed price plus 24% VAT, payable in two installments: 50% upon signing a pre-agreement (either private or notarized), and 50% upon final contract execution. According to Law 4072/2012, a valid ID or passport and tax number (AFM) are required prior to viewing.
Elena Andrianopoulou Antoniou Founder & Sales Manager ALPHA VENUS MANAGEMENT Mob. tel. +306946326436