XENOFONTOS 36, KALLITHEA 176 73, GREECE

Detached House for Sale in Xenofontos 36, Kallithea 176 73, Greece USD 640,000

Living area, m²328
Area, m²400
Floors3
Year built40 Year Old
Local Price€ 640,000

Located near Theseus Avenue, this property is situated in the heart of Kallithea.
It comprises 8 modern studio apartments, ranging from 30 to 40 square meters, all currently fully leased, ensuring immediate and stable rental income.

The property benefits from its proximity to a public university, making it particularly attractive for long-term rental demand, especially from students and young professionals.

Type of parkingOn-street
Year built40 Year Old
Year remodeled2022
Air conditioning Balcony Quiet Location

Kallithea is a well-established residential area of Athens, strategically positioned between the city center and the Southern Suburbs. Known for its strong rental demand, excellent public transport connections, and proximity to major educational institutions, the area attracts students, professionals, and long-term tenants. Its direct access to key avenues and short distance from the Athenian Riviera make Kallithea a consistently attractive location for residential investment.

INVESTMENT SNAPSHOT

PRICE / M²

$1,951

Verdict: partial

Full investment data
Estimated incomeIn the broader Athens residential market, <strong data-start="286" data-end="354">average gross rental yields typically range around 5.0% citywide</strong>, with variations depending on location and property type — smaller, well‑located units and multi‑unit buildings often outperforming the average. In many central and high‑demand neighbourhoods, gross yields can reach <strong data-start="571" data-end="579">6–9%</strong>, while more suburban locations generally see yields in the <strong data-start="639" data-end="649">4.5–6%</strong> range. After expenses such as maintenance, taxes, and management fees, typical <strong data-start="729" data-end="766">net yields are often 1.5–2% lower</strong> than gross figures.With a gross yield of approx. 6.2%, this fully leased asset stands at or above the upper end of typical long‑term rental performance in Athens, making it attractive for income‑focused investors.
Test this investment Greece financing profile ✎ Edit

The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly USD 3,650 / month (about USD 11.1 / m²; based on Greece (country average)) — enter your own expected rent to see the numbers.

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Estimates only — not financial advice. Prefilled with typical greece financing profile figures — adjust to your own scenario.

Investment factors

What to look for when judging a property's investment potential:

  • ◦Public transport
    Walkable rail or bus access consistently supports resale value and rentability.
  • ◦Water proximity
    Lake, river, or sea frontage and water views command lasting price premiums in most markets.
  • ◦Schools
    Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand.
  • ◦Daily amenities
    Groceries within walking distance is a top liveability filter for both tenants and buyers.
  • ◦Parks & recreation
    Green space nearby improves quality of life and supports value in dense areas.

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