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A project of 42 apartments in Athens’ northern suburbs, surrounded by three international schools. 31 of the 42 have sold and one apartment remains.
For prices, taxes and the whole buying process, see our guide: Greece Property Guide
Apartment types, current price range and location: see the project page
Kifisia Suites consists of 42 apartments over four floors in Lykovrysi. Sizes run from 35 to 50 square metres, with ground floor apartments reaching 53 to 58 square metres of internal area. The project sits immediately next to Kifisia, one of the most elegant suburbs of Athens, but in a more accessible price band.
Prices
- Only apartment available: 380.000 € (GF12, two bedroom, 80.55 m² internal, 101.55 m² gross)
- 42 apartments in total, only 1 available, 31 sold
- Apartment size: 35 to 50 m², ground floor units 53 to 58 m²
- Rental guarantee: 3 years at 4%, the highest rate in the portfolio
- Appliances included: air conditioning in every room, oven, hob, extractor
OIKOS Property Developments is based in Athens with more than 15 years of experience. It has offices in Cyprus and China and a wide partner network that includes Turkey.
Why Kifisia Suites?
For families the decisive point is schools. St Catherine’s British School is 1.6 kilometres away, the International School of Athens 4.7 kilometres and Byron College British International School 10 kilometres. Families who move to Athens and educate their children here concentrate in this triangle, so tenant demand is steady and relatively insensitive to price. Add the highest rental guarantee in the portfolio: 3 years at 4%.
- St Catherine’s British School: 1.6 km
- International School of Athens: 4.7 km
- Byron College British International School: 10 km
- Kifisia Railway Station: 3.4 km
- AB Vasilopoulos supermarket: 1.1 km
- Acropolis and Acropolis Museum: 11.5 km
- Athens Airport: 20.3 km
Daily life
Kifisia is known for its wide streets, greenery and quiet neighbourhoods, and fits what Greeks call an old money district. Lykovrysi is immediately next to it and offers the same setting at a better price. Being away from the centre brings the quiet, but it also means you need a car.
Rental yield and tenant profile
The tenant profile is families relocating from abroad and professionals working around the schools. This group stays for long periods and pays reliably. The developer provides a rental guarantee of 4% for 3 years, the highest rate in the portfolio.
Communal areas and specification
- Air conditioning in every room, plus integrated oven, hob and extractor, included on handover
- Larger internal areas in the ground floor apartments
- Floor to ceiling, fully fitted wardrobes
- High pressure laminate worktop with a splashback in the same material
- Bathrooms fully tiled, with concealed plumbing
Who is buying?
Families schooling children in Athens, and investors who want to let around the schools. The scheme is developed by converting an existing building into housing, so it falls in the €250,000 Golden Visa tier, and that tier carries no floor area rule.
Total cost: what do you actually pay when buying Kifisia Suites?
Greece has no stamp duty. Because these projects convert existing buildings, the 24% VAT that applies to new construction does not arise either; the buyer pays the 3.09% transfer tax instead. The table below is indicative, based on the starting price.
| Item | Amount |
|---|---|
| Property price | €380,000 |
| Property transfer tax (3.09%) | €11,742 |
| Notarial fees (1.70%, VAT included) | €6,460 |
| Legal fees and due diligence (1.24%) | €4,712 |
| Land registry (0.70%, VAT included) | €2,660 |
| Fixed items (engineer, E9, power of attorney, postage) | €684 |
| Approximate total | €406,258 |
If you will apply for a residence permit, state fees, the permit card and health insurance are calculated separately. For your own scenario you can use our Greece purchase cost calculator.
What to Check Before You Decide
- One apartment remains, and we will hold that single unit for a buyer ready to decide.
- Golden Visa eligibility rests on the conversion tier; before applying, the current rules and the scheme’s own eligibility have to be confirmed with your Greek lawyer.
- Far from the centre; there is no metro and the railway station is 3.4 kilometres away.
- It is a location that calls for a car, and for a tenant profile that relies on city transport there are more suitable projects in our portfolio.
- Once the rental guarantee ends, the yield depends on demand from the schools.
How does Kifisia Suites compare with the alternatives?
- Boulevard are close to the centre and on the metro, but not in a school area.
- Oasis is close to three metro stations and starts at EUR 250,000.
- Levante Villas is larger for a family, and an alternative for anyone who prefers the standard home route to the Golden Visa.
We can work out together which project suits your goal, based on your budget, intended use and exit plan. We can confirm the remaining apartment’s floor plan and availability straight away.
Answers to the most common questions on this topic: Is Buying a Home in Athens a Good Idea?
