Praxitelous Residence: A Unique Golden Visa Compatible Investment Opportunity on the Athens Riviera

Project Description

Praxitelous Residence is a new premium residential project of luxury apartments in the Kallithea area of Athens. The project offers a unique investment opportunity in the heart of the Athens Riviera. Consisting of 23 apartments in total, this residential building is suitable for both high-yield annual rentals and long-term rental plans for local university students. Under the new law, the project is also compatible with Greece's Golden Visa program with investments starting from €250,000.

About the Area and Its Advantages: Kallithea

Kallithea is one of the most strategically located districts of Athens. It lies between the city center, the Port of Piraeus and the Athens Riviera.

• Strategic Location: Kallithea offers a perfect balance between the city center and the seaside.
• Cultural Attraction: The area is home to the impressive Stavros Niarchos Foundation Cultural Center (SNFCC), an important cultural and leisure hub.
• Infrastructure and Transportation: Easy access to important transport routes, including metro lines, trams and main roads.
• High Real Estate Potential: Marinas, green parks and the renovated Faliro Bay waterfront make the area attractive for living and entertainment while increasing real estate value.
• Investment-Focused Development: Thanks to high rental demand, excellent infrastructure and ongoing urban regeneration, it is rapidly rising as an important investment area for short- or long-term rentals.

Outstanding Accessibility

Thanks to its central location, Praxitelous Residence offers its residents easy access to many important points:

• Stavros Niarchos Foundation Cultural Center (SNFCC): A short walking distance.
• Faliron Marina: A short walking distance.
• Athens City Center / Syntagma Square: About 10-15 minutes by car.
• Port of Piraeus: Within easy reach.
• Athens Riviera (Coast): Its location provides easy access to both the Riviera and the city center.
• Public Transport: Easy access via metro lines, trams and main roads.

Invest in Your Future

Why should you invest in the Praxitelous Residence project?

• Greece Golden Visa Eligibility: Under the new law, it offers the opportunity for a 5-year renewable residence permit with investments starting from €250,000.
• Low Entry Cost: With prices starting from €250,000, it is one of the most affordable Golden Visa programs in Europe.
• High Return Potential: Strong income potential (High ROI) supported by factors such as tourism and student rentals.
• Prime Location Advantage: A strategic address in Kallithea, which connects the Athens Riviera and the city center.
• Market Growth Potential: Long-term appreciation is likely in Greece's stable and growing real estate market.
• Flexible Use: Supports a hybrid model as a personal residence, a rental property or a remote-work base.

Project Details

• Project Name: Praxitelous Residence
• Price Range: Starting from €250,000.
• Total Number of Homes: 23 luxury residences.
• Apartment Sizes: Ranging from 36.5 m² to 53 m² (living area).
• Number of Rooms: 1 Bedroom.
• Number of Bathrooms: Every apartment has 1 bathroom.
• Architectural Concept: Contemporary and Organic Architecture.
• Interior Design Philosophy: Timeless design offering elegance with clean lines, functionality, neutral colors and simple shapes.
• Note: The apartments are sold unfurnished. Interior visualizations are for design suggestion purposes only.

Delivery Date

Property delivery is expected in Q4 2026.

Payment Terms

The standard payment plan, based on the purchase price of the property, is as follows.

• Advance Deposit: 10%
• Signing of the Contract (SPA) (Q4 2025): 40%
• Q1 2026: 10%
• Q2 2026: 10%
• Q3 2026: 10%
• Q4 2026 (At Delivery): 10%

Additional Note: If the buyer wishes to apply for the Golden Visa before the completion of the project, the full agreed amount must be paid when the sales contract (SPA) is signed.

Why This Project?

• Golden Visa Opportunity: Compatibility with Greece's Golden Visa program and a residence permit in Europe with a starting price of €250,000.
• Strategic Location: A Prime Location in Kallithea, close to the sea and the city center, with easy access to cultural centers.
• High Return Potential: The ability to generate strong income thanks to high rental demand (High ROI).
• Professional Support: End-to-end streamlined service, including property selection, legal processes, interior personalization and property management.
• Modern Design: High-quality contemporary living spaces that combine functionality and elegance.
• Market Reliability: Benefit from the stable and continually growing Greek real estate market.