Kifisia Suites Lykovrysi: 42 Apartments Near the International Schools
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A project of 42 apartments in the northern suburbs of Athens, surrounded by three international schools. 31 of the 42 have sold and two remain.
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
- Starting price: 290.000 € (GF09, 56 m² internal, 68 m² total)
- The second apartment: EUR 380,000 (GF12, two bedroom, 80.55 m² internal, 101.55 m² total)
- 42 apartments in total, only 2 for sale, 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 educating children in Athens and investors who want to let around the schools. Not eligible for the Golden Visa; the largest apartment, at 101.55 m² total, falls below the 120 m² requirement.
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 | €290.000 |
| Property transfer tax (3.09%) | €8.961 |
| Notarial fees (1.70%, VAT included) | €4.930 |
| Legal fees and due diligence (1.24%) | €3.596 |
| Land registry (0.70%, VAT included) | €2.030 |
| Fixed items (engineer, E9, power of attorney, postage) | €684 |
| Approximate total | €310.201 |
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 .
Risks and what to watch for
- Only two apartments remain, so there is next to no choice.
- Not eligible for the Golden Visa.
- Far from the centre; there is no metro and the railway station is 3.4 kilometres away.
- A location that needs a car, so it does not suit a tenant who relies on public transport.
- Once the rental guarantee ends, the yield depends on demand from the schools.
How does Kifisia Suites compare with the alternatives?
- Trinity and 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.
- Curve is a better fit for family use with its garden duplexes.
- Levante Villas is larger for a family and is also Golden Visa eligible.
We can work out together which project fits your goal, based on your budget, intended use and exit plan. We can confirm the plans and availability of the two remaining apartments straight away.
