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Properties for Sale in Palaio Faliro, Attiki, Greece

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Real estate in Palaio Faliro

The Attiki region in southeastern Greece is a highly coveted area for potential property buyers and investors from around the globe. If you're seeking an idyllic residence or are considering purchasing an apartment in a postcard-worthy location, Palaio Faliro is a perfect choice. The coastal suburb of Athens, known for its enchanting sea-view apartments and classic Greek architecture, is lovingly referred to as 'Pearl of the Saronic Gulf' for its aesthetic appeal and mesmerising atmosphere. Before you decide to consult a local real estate broker, it's essential to understand the current property market in Palaio Faliro, the type of properties that are available for sale, and the price range for owning a vacation house in such a distinctive location. Palaio Faliro, with its well-connected transport, vibrant culture and public spaces, presents a unique mix of urban and beach life, which makes it an attractive proposition for property buyers. The area's strong real estate potential combined with its Greek charm is what makes it stand apart in the Attiki region.

Palaio Faliro properties: Market trends overview

With a steady and consistent rise in property prices, the real estate market in Palaio Faliro, Attiki, Greece, presents an appealing prospect for international buyers and investors hailing mainly from Northern Europe, the UK, Germany, and the United States. Palaio Faliro's prime position along the picturesque Attiki coastline offers residents the ideal blend of a relaxed Mediterranean pace of life and a vibrant vacation atmosphere, thanks to an abundance of recreational facilities, marinas, and its nearness to the dynamic city of Athens. Over recent years, efforts by the local authorities in Palaio Faliro have been channeled into modernizing and enhancing the town, creating a wide-ranging mix of property options for domestic and international prospective homeowners. These include contemporary and efficient townhouses, apartments, sleek villas, traditional Greek houses, and luxury penthouses. Hunting for suitable apartments and properties for sale in Palaio Faliro is effortless, accommodating any budget and lifestyle preference, thus making this coastal town in Greece increasingly inviting for foreign property purchasers. The blend of modern conveniences with a rich cultural heritage and high living standard makes Palaio Faliro an attractive destination for international real estate markets.

Average price of a property for sale in Palaio Faliro

What could be the expected price range for properties in Palaio Faliro? It might be challenging to provide a definite answer as various aspects mold the final value, such as the type of property, distance to key historical sites and beaches, amenities, and personal likings (luxurious attributes, size, accessibility, etc.). The most recent data reveals that the highest quoted price per square meter for property on sale in Palaio Faliro was € 3,268. The priciest property can be found in the Marina-Floisvos district of Palaio Faliro. On the other hand, the Kallithea border of Palaio Faliro has lower prices with an average cost per square meter of €2,530. Currently, the mean asking price for a home is approximately €705,901 in this picturesque coastal suburb. Estate buyers are attracted to Palaio Faliro due to its location, which offers a balance of beach proximity, historical sites, and city accessibility.

Types of properties can you find in Palaio Faliro

In Palaio Faliro, Attiki, Greece, prospective homeowners can discover a rich selection of real estate options, from modern apartments, exquisite penthouses, to high-end beachfront villas and traditional Greek houses. Many of these properties for sale are situated in safe, gated residential complexes. The apartment units typically feature 3-4 bedrooms and spacious balconies while traditional Greek homes are usually 2-storey structures, each respective floor having its own entrance, expansive terraces, and fully equipped kitchens. Alternatively, individuals can choose a brand-new villa nestled in an advantageous location in Palaio Faliro, providing stunning views of the Aegean Sea. With the beach within walking distance and the tranquil ambiance of the community, it's undoubtedly an ideal residence to settle in.