Palaio Faliro is Athen’s most closest suburb, with a solid and stable demand despite the recession. Located just a 10 minute drive from Athens’ city center, Palaio Faliro also offers the city’s closest beaches. This 2 bedroom – 1 bathroom apartment for sale in the heart of Palaio Faliro just steps from sea is a fantastic opportunity for anyone with a desire to invest in Athens’ real estate market. Palaio Faliro is a popular area for Greeks, foreigners residing in Athens, and tourists alike, making it a prime area for investment. Similar units rent for between 1,000 – 1,500 euros per month, providing an above average and desirable return of investment between 5-6%. The apartment features a breathtaking sea view, elevator, and balcony. The sea and marina is directly across from your front door, with Glyfada a 15 minute drive south. Athens’ historic sites such as the Acropolis, the National Museum, and the Temple of Zeus are a 15 minutes drive away. Inquire today!
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