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1st Community of Kallithea
1st Community of Kallithea | Attica

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Presented At
€445,000
Bedrooms
3
Bathrooms
2
Living
1,292
SQM
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1st Community of Kallithea, Attica, Greece. , 1st Community of Kallithea , Attica

1434525 - Apartment For sale, Kalithea, 120 sq.m., €445.000

Kallithea, Center, near Davaki Square, a uniquely aesthetic and fully renovated penthouse, with a total area of 120 sqm, on the 5th floor of a five-story building with an elevator, built in the mid-1970s. The building is in excellent condition, despite its age, and is in a privileged location as it is cornered. It is primarily owner-occupied. Welcome, then, to your new apartment, where luxury meets minimalism! Upon entering the apartment, what immediately captures the visitor's interest is the large and particularly bright spaces, which appear even larger because the flooring is uniform throughout all areas. The wood and white color on the walls and in the kitchen allow new residents to decorate according to their taste without needing to respect the color palette chosen by the architect. As you enter, to the left is the living room, the sitting area, and the open-plan kitchen that have access to a vast corner terrace. The living room, with the fireplace at its center, is separated from the rest of the space, as it is one level higher. The fireplace, a definition of minimalist decor, lacks any decoration, and its focus is on functionality, providing built-in and lit shelves with hidden lighting and geometric volumes that the new owners can use decoratively in various ways. Our kitchen with an island is differentiated from the dining area and offers many storage solutions. White again dominates but is broken up by the water tones provided by the white marble that the worktop and the island are made of. The impressive feature of this space is the enormous openings leading to the terrace and how the sun enters, illuminating every square inch. Continuing our virtual tour of the apartment, on the right is a small hallway that leads to the bedrooms and bathrooms. All three bedrooms have access to the terrace and built-in wardrobes. One of them is a master with an indoor bath. The bath, with a shower cabin, features gray shades. The common bathroom has earthy tones with wood-colored cabinets and some tiles that blend perfectly with the white and gray. Finally, we left the terrace for the end of our description. For the informed, the word 'corner' says a lot! Essentially, it consists of two terraces overlooking two streets, and the convenience this fact provides to the apartment's residents is enormous, as there is no need to chase shade or sun during the winter or summer months; it also creates autonomy in its space, allowing one part to be the children's playroom and the other part the relaxation area for adults. The floor here is polished mosaic that beautifully blends white with baby blue. Additional features: security door, energy-efficient thermally break aluminum frames, with electric shutters and nets, independent natural gas heating, boiler for hot water, air conditioning, awnings, hidden lighting, wall-hung toilets, built-in cisterns, unlimited view. Energy Class: A (potential B) Distance From: Davaki Square: 300 m Kallithea ISAP: 1 km Harokopio University: 1.3 km Stavros Niarchos Foundation Cultural Center: 1.5 km Panteion University: 2.4 km Price: €445,000. (The brokerage fee is 2% of the agreed sale price plus legal VAT of 24%)

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Map showing 1st Community of Kallithea, Attica, Greece.

Property Location

1st Community of Kallithea, Attica, Greece., 1st Community of Kallithea Attica

Local Weather & Climate

1st Community of Kallithea, Attica

Current Conditions Updated recently
56 °F
Few clouds
Feels Like 56°F
Humidity 81%
Wind 8 mph
Visibility 6.2 mi
Sunrise 5:31 AM
Sunset 3:45 PM
5-Day Forecast
Fri 30 Jan
Clouds
High 60°
Low 54°
Sat 31 Jan
Clouds
High 60°
Low 52°
Sun 1 Feb
Rain
High 58°
Low 53°
Mon 2 Feb
Clouds
High 49°
Low 46°
Tue 3 Feb
Clouds
High 54°
Low 46°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around 1st Community of Kallithea?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in 1st Community of Kallithea. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $44,500,000 20% down ($8,900,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$3,824
$3,824/day
Your home may appreciate while you sleep
$26,841/week $116,310/mo $1,395,714/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$24.5M
vs
OWN 📈 +$34.7M
$34.7M Potential Equity
vs $24.5M lost to rent over 10 years
$8.9M Down Payment Growth
3.9x
10yr
$34.7M
8.1x
20yr
$71.9M
12.6x
30yr
$112.4M
Wealth Comparison
×268
Equivalent to 268 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $112.4M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $52.4M +18%
Market $60.6M +36%
Optimistic $69.9M +57%
$34.7M est. equity
20 Years
Conservative $61.7M +39%
Market $82.5M +85%
Optimistic $109.9M +147%
$71.9M est. equity
30 Years
Conservative $72.7M +63%
Market $112.4M +153%
Optimistic $172.7M +288%
$112.4M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at 1st Community of Kallithea, Attica, Greece features 3 bedrooms with 1,292 square feet of living space.
This property offers 1,292 square feet of living space.
This property is listed at $44,500,000, which equals $34443 per square foot.
Based on current market indicators, 1st Community of Kallithea shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in 1st Community of Kallithea, Attica. The property is situated in an established neighborhood with convenient access to local amenities and services.
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