XENOFONTOS 36, KALLITHEA 176 73, GREECE

Detached House for Sale in Xenofontos 36, Kallithea 176 73, Greece USD 720,111

Living area, m²328
Area, m²400
Floors3
Local Price640,000 EUR

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 parking현장
Year remodeled2022
에어컨 발코니 조용한 위치

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

$2,195

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 7,260 / month (about USD 22.1 / m²; based on country average scaled x2.23 to the local price level (5 listings within 5 km)) — enter your own expected rent to see the numbers.

Enter a monthly rent above to see cash flow, yield and return.

Cash flow / month

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Gross yield

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

Price context

This listing: $2,195/m² — 47% below the median of $4,163/m² across our 10 listings in this area.

$23$6,858

Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums. Points in its favour here: public transport (ΣΠΑΡΤΗΣ — 308 m · 4 min walk), schools (28ο Νηπιαγωγείο — 487 m · 6 min walk), daily amenities (362 Grocery store — 643 m · 8 min walk).

No map data found nearby for: water proximity, parks & recreation — worth asking the agent about these.

Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.

Investment factors
  • ✓Public transport ΣΠΑΡΤΗΣ — 308 m · 4 min walk
    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 28ο Νηπιαγωγείο — 487 m · 6 min walk
    Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand.
  • ✓Daily amenities 362 Grocery store — 643 m · 8 min walk
    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.

Based on OpenStreetMap data. ✓ strong   • present   ◦ no data.

KO

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