South Glyfada — Feasibility Report
- M. Sami Akbeniz
- 2 hours ago
- 2 min read
ANO GLYFADA · ATHENS RIVIERA · GREEK GOLDEN VISA · INVESTMENT FEASIBILITY
South Glyfada — Feasibility Report
South Glyfada is a contemporary boutique development in Ano Glyfada, one of the most established neighbourhoods of the Athens Riviera. The building rises over ground plus five floors and holds 33 residences, all one-bedroom (1+1) layouts, delivered with European fitted kitchens, Grohe sanitary ware and an energy-efficient design.
Our thesis is straightforward: at the intersection of Glyfada’s mature rental market and the Ellinikon transformation, an all-one-bedroom mix starting at €261,000 offers a Golden Visa-eligible, highly liquid entry point on the Athens Riviera.
The Project
The scheme spreads across six levels (ground + 5). All 33 apartments are one-bedroom, one-bathroom layouts with internal areas of 34.8–41.3 sqm. Balconies and exclusive-use areas range from 4 sqm up to 76.5 sqm: ground-floor unit GF.5 comes with a 76.5 sqm private garden, reaching a total of 111.3 sqm — the largest living footprint in the project. Total areas span 38.9–111.3 sqm.
The distinctive element of the mix is a set of three duplex “marionette” units, each combining two levels into a single home: M1 (levels 0–1) at €307,000, M2 (levels 2–3) at €311,000 and M3 (levels 4–5) at €316,000. Among the standard apartments, entry pricing starts at €261,000 (unit 1.4), while garden-level GF.1 is priced at €283,000.
Unit Mix and Pricing
Metric | Detail |
Total units | 33 (all 1+1, 1 bathroom) |
Floor structure | Ground + 5 floors (6 levels) |
Internal areas | 34.8–41.3 sqm |
Balconies / exclusive use | 4–76.5 sqm (GF.5: 76.5 sqm private garden) |
Total areas | 38.9–111.3 sqm |
Price range | €261,000–€316,000 |
Most affordable unit | 1.4 — €261,000 |
Garden ground floor (GF.1) | €283,000 |
Duplex M1 (levels 0–1) | €307,000 |
Duplex M2 (levels 2–3) | €311,000 |
Duplex M3 (levels 4–5) | €316,000 |
Location: The Ellinikon Effect
Ano Glyfada is the calm, established upper section of Glyfada. The project sits minutes from the Glyfada shopping district, the beaches and the golf course. Athens International Airport is roughly 20 minutes by car, and the city centre around 25 minutes.
The real strategic value of the address is its adjacency to the Ellinikon — Europe’s largest urban regeneration project, including The Ellinikon Experience Park. As the Ellinikon redefines the southern coastline, established neighbourhoods within its sphere such as Ano Glyfada stand as natural beneficiaries of the transformation.
Investment Assessment
Rental demand on the Athens Riviera remains strong, and one-bedroom apartments form the most liquid segment of the market for both long-term leases and seasonal demand. An all-one-bedroom mix gives the project a clear advantage in tenant absorption and future resale.
The street-specific capital-appreciation outlook is positive: as Ellinikon investment matures, established districts along the southern coastline are gaining appeal. Per Avla’s portfolio positioning, the project is eligible for the Greek Golden Visa programme.
Risks & Notes
Delivery date: Not yet announced; the contract provides for a +3-month delivery grace period.
Energy class: To be announced at a later stage.
Area tolerance: Stated areas may vary by ±3%.
For the current unit list, floor plans and pricing details, visit the listing page: South Glyfada — Ano Glyfada, Athens Riviera. From the Golden Visa application to title transfer, the Avla Gayrimenkul A.Ş. team is with you at every step.
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