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Nea Erythraia Garden Residences
Avla Real Estate · Exclusive Selection · Property code A0148

Nea Erythraia Garden Residences

Lofts with 4,5–6 m ceilings in Nea Erythraia, Kifisia, with private garden, pool and sports area. Villa living in Athens’ most prestigious northern suburb.
A0148
Property code
5
Available units
€250,000 – €500,000
Price range
January 2028
Delivery
Yes · Net ROI 3%, 2 years
Rental guarantee
Golden Visa
Class
pending confirmation
Energy class
Nea Erythraia Garden Residences
Highlights

Why this property?

  • 5-10 min to Metro Line 1 Kifisia station
  • Nea Erythraia square and shops are a few minutes’ walk away
  • Loft with 4,5–6 m ceilings, private garden, pool and sports area
  • 3% guaranteed net rental
  • Delivery January 2028
Images

Building and apartments

Images are from the developer’s promotional materials; some may be computer-generated representative visuals.

Project facts

Project facts

Boutique, fully furnished collection in Nea Erythraia, Kifisia: lofts with 4.5–6 m ceilings; private garden, pool and sports area. Villa living in Athens’ most prestigious northern suburb, at apartment prices — from €€250,000, 3% guaranteed rental, Golden Visa eligible.

Availability
5 apartment available · 5 reserved · 4 sold · total 14 units
Price
€250,000 – €500,000
Area
32.70 – 63.40 m² net
Delivery
January 2028
Rental guarantee
Yes · Net ROI 3%, 2 years
Building
Conversion (reconstruction)
Parking
Yes — 17 secure space
Service fee
0%
Golden Visa
Eligible
Features
Nea Erythraia square & shops — few min walk · Kifisia centre (Metro Line 1) — ~5–10 min · Marousi / The Mall — ~10–15 min · Athens centre (Syntagma) — ~30–35 min · Athens Int. Airport — ~30 min (Attiki Odos) · Tatoi / Ekali green belt — nearby

Listing page

Location

Nea Erythraia · North

Location is shown with a circle at the district level; the exact address is shared upon signing the Digital Viewing Protocol.

Schools
International School of Athens (international) 1.9 km · Deutsche Schule Athen - Grundschule (international) 5.5 km · public school 700 m
Shopping
Shoppingland Mall 1.8 km · market 400 m
Transport
Kifissia Metro 1.5 km
Airport
Athens Airport ~30 min (by car)

Distances are as the crow flies from the district centre (OpenStreetMap); airport travel time is by car in non-peak traffic. Information is confirmed in writing prior to an offer.

Price list · Nea Erythraia Garden Residences · A0148

Prices and available apartments

Status: 5 available · 5 reserved · 4 sold — last confirmed 22 October 2026. Reserved and sold apartments remain on the list; they are dimmed and labelled.
ApartmentFloorTypeNet m²Outdoor areaGross m²Price€ / m² net€ / m² grossPlan
Unit 9 Reserved Garden 21 m²GFLStudio30.40Garden 21 m²51.40€260,000€8,553€5,058
Unit 10 Sold Garden 5 m²GFLStudio26.40Garden 5 m²31.40Sold——
Unit 11 Sold Garden 8.5 m²GFLStudio25.70Garden 8.5 m²34.20Sold——
Unit 12 Our pick Garden 8.7 m²GFL—32.70Garden 8.7 m²41.40€250,000€7,645€6,039
Unit 13 Reserved Garden 8.7 m²GFL—32.70Garden 8.7 m²41.40€250,000€7,645€6,039
Unit 14 Reserved Garden 8.8 m²GFL—33.50Garden 8.8 m²42.30€260,000€7,761€6,147
Unit 15 Garden 7.1 m²GFL2-bed63.40Garden 7.1 m²70.50€500,000€7,886€7,092
Unit 16 Garden 5.2 m²GFL—38.50Garden 5.2 m²43.70€275,000€7,143€6,293
Unit 17 Reserved Garden 6.6 m²GFL—37.90Garden 6.6 m²44.50€270,000€7,124€6,067
Unit 18 Reserved Garden 5.67 m²GFL—39.10Garden 5.67 m²44.80€280,000€7,161€6,250
Unit 19 Our pick Garden 17.2 m²GFL—43.10Garden 17.2 m²60.30€320,000€7,425€5,307
Unit 20 Our pick Garden 16.2 m²GFL—42.10Garden 16.2 m²58.30€320,000€7,601€5,489
Unit 21 Sold Garden 16.2 m²GFL—36.60Garden 16.2 m²52.80Sold——
Unit 22 Sold Garden 16.2 m²GFL—36.60Garden 16.2 m²52.80Sold——
Source: developer’s price list, 2026-08-18. Gross area = net internal area + balcony/garden; there is a ±3% tolerance in areas. Availability is confirmed in writing at the offer stage.
Floor plans — 1 plan+
Floor plan (with apartment numbers)
Floor plan (with apartment numbers)
Area report · Nea Erythraia+
Nea Erythraia · district square
A square in Nea Erythraia · Photo: Tallos80 · CC BY-SA 4,0 · Wikimedia Commons

Avla Real Estate Area Report · Nea Erythraia · Kifisia, North Athens · 23 – 24 October 2026. This is a district-level assessment; it does not include a review of a specific apartment.

Location

Nea Erythraia is the northern unit of the Kifisia municipality; it is approximately 14.5 km from Syntagma as the crow flies. 18,604 people live in 4.83 km² (2021); the population has increased since 2011. With approximately 3,900 people per km², it has the least dense fabric of the six northern districts for which we have prepared this report: houses with gardens, low-rise apartment buildings, and green streets. The total population of the Kifisia municipality is 72,878 (2021); Ekali and central Kifisia are neighbors.

The district is part of Kifisia’s prestige belt but is priced significantly below the Kifisia average. Demand is driven by schools and quality of life: International School of Athens is ~1.4 km away, St Catherine’s British School is ~2.7 km away. Central Kifisia, its park, and the metro terminal are ~1.85 km away; KAT hospital is ~2.65 km away. To the north, a restoration program exceeding €70 million is underway at the former royal estate of Tatoi, ~8.6 km from the district center; the opening to the public was targeted for 2026, current status is pending confirmation. An extension of Metro Line 1 from Kifisia to Nea Erythraia has been proposed in the past; there is no approved study, funding, or timeline.

Schools

English-language schools and distances from the district center as the crow flies:

  • International School of Athens (ISA) — IB PYP, MYP and Diploma · entirely in English · Kindergarten to high school · Kifisia · ≈1,360 m
  • St Catherine’s British School — British curriculum, IGCSE + IB Diploma · 3 – 18 years old · Lykovrysi · ≈2,670 m
  • Doukas School — Greek curriculum + English IB Diploma, International A-Level · Kindergarten to high school · Marousi · ≈5,430 m
  • ACS Athens — American curriculum + IB Diploma and AP · English · Kindergarten to high school · Chalandri · ≈7,780 m
  • Byron College — British curriculum · IGCSE and A-Level · Kindergarten to high school · Pallini – Gerakas · ≈9,250 m
  • Pierce – American College of Greece — Greek curriculum + English IB Diploma · High school and IB: Agia Paraskevi · kindergarten–primary school: Spata · Agia Paraskevi · ≈9,600 m

Distance is measured as a straight line from the district centre (OpenStreetMap reference point) to the school campus; road distance is longer. The German School in Marousi is ≈5,980 m away, and the Campion School in Pallini is ≈12,330 m away. Enrollment conditions and availability are confirmed directly with the school.

Transport

There is no rail system station in Nea Erythraia. The nearest station is the northern terminal of Metro line 1 (green) in Kifisia; the line provides direct access to Marousi, Omonia, and Piraeus. The National Road (A1) passes just to the west of the district; the airport is reached via Attiki Odos. Daily life is largely car-dependent.

Distances
Metro station (Kifisia, M1)
~1.85 km · ~5 minutes by car without traffic
Omonia
Approximately 32 minutes direct from Kifisia via M1
Athens centre (Syntagma)
As the crow flies ~14.5 km · ~22 minutes by car without traffic
National Road (A1) junction
~1.7 km
ISA · Kifisia centre and park
~1.4 km · ~1.85 km
KAT hospital
~2.65 km
Athens Airport
~30 minutes by car without traffic (31.9 km)

Distances are as the crow flies from the district centre. Driving times are measured without traffic; they increase significantly during peak hours, especially on Kifisias Avenue. Metro time is an approximation based on schedule indicators.

Tenant profile

Demand is not driven by tourism, but by local and international families who choose to live around Kifisia; the rental calendar is tied to the academic year. The tenant is usually a car owner and seeks spacious residences with a garden or parking. The listing rent (€11.94/m²) has decreased by 2.7% in the last 12 months: the rental market is stagnant in the district.

  • International school families — ISA and St Catherine’s; large apartment or house, long-term.
  • Senior executives — Kifisia – Marousi business corridor; 5 – 10 minutes by car, corporate contract.
  • Established families — green and quiet texture; very long-term, low turnover.
Market indicators
Average listing price
€3,314/m² (−0.09% annual; +4.5% in 3) · September 2026 · Indomio
Average rental listing
€11.94/m²/month (−2.69% annual) · September 2026 · Indomio
Gross listing yield
≈4.3% (listing rent × 12 / listing price) · derived
Kifisia municipality listing average
€4,231/m² (+7.80% annual) · September 2026 · Indomio
North Athens listing average
€3,713/m² (+5.54% annual) · September 2026 · Indomio
Athens apartment prices
+5.0% annual · 2 quarter 2026 · Bank of Greece

Figures represent listing (asking) prices; actual transaction prices and rents are generally slightly lower. The gross yield is before taxes, maintenance fees, and vacancy. We do not provide unverified rent or yield figures for a specific apartment; the rental contract and the text of the rental guarantee are obtained in writing during the offer stage.

Risks

  • Golden Visa restriction: Short-term (daily) rentals are prohibited for properties acquired via Golden Visa; thresholds and eligibility are confirmed in writing on an apartment-by-apartment basis by an independent Greek lawyer — no statement on this page constitutes such confirmation.
  • Stagnant price: listing price has remained flat over the last 12 months and increased by only 4.5% over three years; Kifisia municipality rose 7.8% in the same year. Short-term capital appreciation should not be expected.
  • Rail system distance: the nearest metro is ~1.85 km away; the M1 extension is uncertain and should not be included in value calculations.
  • Product fit: the district’s tenants seek spacious homes with gardens; the tenant pool for compact apartments is narrower.
  • Axes: Kifisias Avenue and National Road connections are congested during peak hours; driving time significantly exceeds measurements.
  • Tax calendar: It has been reported that the property transfer tax for non-EU/EEA individuals will increase from 3% to 15% as of 1 July 2027; this has not yet been enacted, and the scope and exemptions will be confirmed prior to purchase.

Avla’s area view: Neutral – positive, long-term. Nea Erythraia offers the quality of life and school proximity of a Kifisia address at a price approximately 22% below the Kifisia average. Conversely, prices and rents have remained stagnant over the last three years and the metro is distant. The district is not for short-term capital appreciation, but is purchased for long-term family tenants and quality of life.

Sources: Indomio (September 2026) · ELSTAT 2021 census (citypopulation.de) · To Vima and The National Herald (Tatoi) · 1. line extension proposal news · Bank of Greece · OpenStreetMap and OSRM measurements · official school websites.

Our pick

Apartments we recommend for you

5 of the 14 apartments are available. From these, we highlight three apartments in terms of price, m² efficiency, and outdoor area.

Best entry point
Apartment Unit 12
GFL
€250,000
€6,039 / m² gross · €7,645 / m² net
Net32.70 m²
Outdoor areaGarden 8.7 m²
Gross41.40 m²

Lowest price among available apartments.

Best gross m² price
Apartment Unit 19
GFL
€320,000
€5,307 / m² gross · €7,425 / m² net
Net43.10 m²
Outdoor areaGarden 17.2 m²
Gross60.30 m²

The lowest price in the project per gross m² is (€5,307); including 17.20 m² of outdoor area.

Large outdoor area · top floor
Apartment Unit 20
GFL
€320,000
€5,489 / m² gross · €7,601 / m² net
Net42.10 m²
Outdoor areaGarden 16.2 m²
Gross58.30 m²

The largest outdoor area (16.2 m²) after the other apartments we recommend.

↑ Full price list
Framework first

Why does the investment threshold differ for everyone?

Because there is no single figure. Legislation defines three tiers, and the location and legal status of a property determine which tier it falls into.

€800,000
Upper tier
Applies to areas under high demand. Requires a single property and at least 120 m².
€400,000
Other areas
The same conditions of a single property and at least 120 m² apply.
€250,000
Not location-dependent
Only in two cases: (a) change of use for a non-residential building, (b) restored listed building.

Practical implications for your file: The threshold for standard new builds in Attica is €800,000. Which threshold the properties in this file fall under is determined by the location and legal status of the property; this is confirmed in writing via an independent Greek lawyer’s review on a property-by-property basis. We have not stated in any section that “this apartment qualifies for GV”; we obtain confirmation via documentation.

Digital Viewing ProtocolThe exact address and apartment-specific location are shared upon signing the protocol+
Introduction record

Digital Viewing Protocol

This protocol is the PROPERTY VIEWING AND ADVISORY AGREEMENT.

Dear investor; this page is the digital viewing of the property on this page, made for you by Avla Real Estate Gayrimenkul A.Ş. Presenting a property to you on this page carries the same weight as showing it on site.

When you sign the protocol, the exact addresses and street details of all the properties presented to you are sent to you. You can then examine each property's street, address and surroundings in full detail on Google Maps.

Contracting Party
Completed in your name at signing
Phone
Added at signing
Email
Added at signing
Client Reference
—
Client Registration No
—
Advisor
M. Sami Akbeniz · Avla · +90 532 282 26 57
Agency (Türkiye)
Avla Real Estate Gayrimenkul A.Ş. · Caferağa Mah. Şifa Sk. No:19, Kadıköy / Istanbul · Kadıköy Tax Office 1061174832
Agency (UAE)
Avla International Properties FZ-LLC · Free Zone Limited Liability Company (FZ-LLC), Ras Al Khaimah Economic Zone (RAKEZ) · Service licence no 47037577 · Media licence no 17010313 · RAKEZ registration no 1911964 · Address: CWEP8995, Compass Building, Al Shohada Road, Al Hamra Industrial Zone-FZ, Ras Al Khaimah, United Arab Emirates · Manager: Mehmet Sami Akbeniz · Licence valid 24.09.2026 – 23.09.2027
Offices
Istanbul · Athens · Dubai · London
Date of Introduction
The date this page was sent to you

Get the address details

WhatsApp
Security and Golden Visa 2026Your funds are held in a dual-signature account — how your money is protected step-by-step, 2026 rules+
Financial protection shield

Your money does not go to the seller, but to a dual-signature account.

The purchase price is not deposited into an account that the seller can use freely. It enters a separate bank account from which not a single cent can be withdrawn without two signatures: one from the seller and the other from the lawyer Avla has appointed for you. The money is transferred to the seller in installments only as the following steps are documented.

Exclusively for Avla clientsThis dual-signature escrow account is not a standard practice offered by the developer to everyone. It is opened only for clients purchasing through Avla, and Avla appoints the co-signing lawyer. Currently, only one of our developers offers this account; we will confirm in writing during our meeting whether it is applicable to your chosen project.
You
Deposit the purchase price into a single account
the full amount
Dual-signature escrow account
Opened in the seller’s name; no funds can be withdrawn without two signatures
✍ Seller’s representative✍ Lawyer appointed by AvlaBuyer’s representative
as documented, in installments
Seller
Only to their own account, only upon documented completion of stages
  1. 1ReservationPrice in the signed reservation agreement
  2. 2Final contractThe portion excluding construction costs — upon signature at the notary and written confirmation from your lawyer
  3. 3Foundation and frameFirst construction installment — with the signed letter of the supervising engineer
  4. 4Walls and plasteringUpon completion of your apartment — again with the engineer’s letter
  5. 5DeliveryOnce the apartment and common areas are finished and utility applications are submitted — remaining installment

Lawyer cannot be replaced

The co-signing lawyer cannot be removed without your consent; funds in the account are free from seizure and liens.

Funds are released only to the seller’s account

No payments can be made to any other person or account; the flow can only be altered by a court order.

What you need to know clearly

Funds deposited into the account are used solely for the price and construction of this apartment and cannot be withdrawn. The contract is subject to Greek law; source of funds (AML) documents are required.

Source: developer’s “Private Agreement on Release of Funds” template. Installment ratios and timelines are written into the contract for each purchase; this section is a summary and does not replace the contract text.

What you need to know

2026 table for Golden Visa

We will disclose the figures with documentation during our meeting; however, to set your expectations correctly from the start, the framework is as follows:

800,000 €
Standard investment threshold applicable throughout the Attica region.
250,000 €
Special route applicable only to properties converted into residential units through a change of use, with the conversion completed.
5 years
Residence permit duration; renewable as long as the property is held.
Prohibited
Short-term (Airbnb-style) rentals are not permitted for properties subject to the Golden Visa.
Important: If the price shown on the title deed falls below €250,000, the right of residence becomes invalid. This threshold must be maintained during discount negotiations. If the property is sold, the residence permit is cancelled. The threshold applicable to each project is documented separately.
Announcement · September 2026

Property transfer tax 15%

From 1 July 2027

For residential property purchases by non-EU/EEA natural persons, the property transfer tax is being increased from 3.09% to 15.45%. Corporate purchases, EU/EEA citizens, long-term residence permit holders, and individuals of Greek descent are excluded. The Prime Minister announced this on 6 September, and the Ministry of Finance provided details on 8 September — there is no draft law submitted to Parliament yet.

Industry report — transfer tax and €250,000
Under consultation · June 2026

Portfolio Golden Visa

With long-term rental condition

The 2026–2035 National Housing Strategy proposes a separate Golden Visa category where multiple apartments are purchased as a single portfolio and all are rented out long-term. The threshold, rental duration, and conditions have not yet been drafted; market sentiment suggests it will be an option for the €400,000 / €800,000 tiers where the single-property rule applies — this is a proposal, not law.

Portfolio Golden Visa model
Open topic

€250,000 route

Conversion category

The €€250,000 tier is currently in effect and applies only to properties converted into residential units through a change of use. The sector is requesting an exemption from the new title deed tax for this category — the rationale being that these investments do not withdraw housing from the market, but rather create new stock. No decision has been made yet.

How the €250,000 route works
Registration

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Projects we highlight under the Golden Visa; each card opens the project’s own page.

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What is where in Athens?

The listings on the map represent the current state of our portfolio; the list is synchronized with our website twice daily. You can narrow down your search using price, region, district, and ready-made filters, and view the photos and project facts for each listing.

Circles indicate neighborhoods, not specific buildings. We do not publish the exact addresses of properties; we provide the location via neighborhood circles. The apartment-based list and exact location are revealed during our meeting along with your file.

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