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Koukaki Heights Residences
Avla Real Estate · Exclusive Selection · Property code A0171

Koukaki Heights Residences

The final apartment in this boutique building with one unit per floor is ready in Koukaki, on the southern slope of the Acropolis. 59 m², 12 m² balcony and Italian kitchen.
A0171
Property code
1
Available units
€465,000
Price range
Ready
Delivery
None
Rental guarantee
Golden Visa
Class
pending confirmation
Energy class
Koukaki Heights Residences
Highlights

Why this property?

  • Approximately 700 m walking distance to the metro (near Syngrou-Fix)
  • Acropolis Museum and restaurant strip within walking distance
  • One apartment per floor, concealed inverter air conditioning
  • Ready for delivery, 1 July 2026 list
Images

Building and apartments

Some of the images are computer-generated representative visuals.

Project facts

Project facts

The final apartment in a five-unit boutique building in Koukaki, at the foot of the Acropolis. Ready for delivery, located in one of Athens’ strongest short-to-medium-term value corridors.

At the upper end of the price range; in return, a scarce address in the center, within the tourist and cultural axis.

Availability
1 apartment available · 4 sold · total 5 units
Price
€465,000
Area
59 m² net
Delivery
Move-in ready
Rental guarantee
None
Building
Conversion (reconstruction)
Year of construction
Initial permit 2005
Amenities
Acropolis walking distance
Service fee
0%
Golden Visa
Eligible

Listing page  ·  Area report  ·  Investment feasibility

Location

Koukaki · Central Athens

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 Piraeus (international) 6.3 km · Leonteio Lykeio Neas Smyrnis (private) 2.2 km · public high school 200 m
Shopping
Athens Metro Mall shopping center 2.9 km · market 150 m
Transport
Metro Neos Kosmos 800 m · Tram Kasomouli 300 m
Airport
Athens Airport ~35 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 · Koukaki Heights Residences · A0171

Prices and available apartments

Status: 1 available · 4 sold — last confirmed 19 September 2026. Reserved and sold apartments remain on the list; they are faded and labeled.
ApartmentFloorTypeNet m²Outdoor areaGross m²Price€ / m² net€ / m² grossBathroomsPlan
Ground floor apartment Sold Terrace 22 m²Ground2-bed59.00Terrace 22 m²—Sold——1
1. Floor apartment Our pick Balcony 12 m²1st floor2-bed59.00Balcony 12 m²—€465,000€7,881—1
2. Floor apartment Sold Balcony 10 m²22-bed59.00Balcony 10 m²—Sold——1—
3. Floor apartment Sold Balcony 10 m²32-bed59.00Balcony 10 m²—Sold——1—
4. Floor apartment (penthouse) Sold Balcony 15 m² · Terrace 38 m²41-bed44.00Balcony 15 m² · Terrace 38 m²—Sold——1—
Gross area = net interior area + balcony. € / m² net = price ÷ net area; € / m² gross = price ÷ gross area. The floor plan column is empty: the floor plans for this project have not yet reached us and have been requested from the developer in writing. Registration date 19 September 2026.

Floor and apartment plans

Floor A · available apartment
Floor A · available apartment
Ground floor
Ground floor
Floors B · C
Floors B · C
D floor
D floor
Area report · Koukaki+
Koukaki · Foot of the Acropolis
Photo: Texniths · CC BY-SA 4,0 · Wikimedia Commons

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

Location

Koukaki is a small and dense residential district located in the 1st Municipal District of the Municipality of Athens, at the southern foot of the Acropolis. The Acropolis Museum is ~800 m away, Filopappou Hill is ~0.5 km away, and Syntagma is ~1.7 km as the crow flies. Syngrou Avenue marks the eastern boundary of the district, while the Filopappou green space marks the western boundary. The street fabric, a mix of neoclassical facades and apartment buildings, is lively throughout the day with cafes and restaurants. No separate official population figure is published for the district; the total population of the Municipality of Athens in the 2021 census is 643,452.

Housing demand is driven by three factors. The first is location: walking distance to the Acropolis–museum axis and proximity to the city’s most visited area. The second is culture and education: the National Museum of Contemporary Art EMST (~290 m) in the old Fix brewery, the Onassis Cultural Centre Stegi (~660 m), Panteion University (~490 m), and Harokopio University (~1.2 km). The third is remote workers and expatriates: the district is mentioned among Athens’ prominent addresses in digital nomad guides. There are no large new residential projects in the district; supply comes from individual building renovations and is limited.

Schools

English-language schools and their straight-line distances from the district center:

  • The Moraitis School — Greek curriculum + English IB Diploma (since 1991) · Primary to high school · Palaio Psychiko · ≈7,200 m
  • Athens College — Greek curriculum + English IB Diploma (since 1996) · Primary to high school · Psychiko · ≈7,840 m
  • ACS Athens — American curriculum + IB Diploma and AP · English · Kindergarten to high school · Chalandri · ≈10,150 m
  • Pierce – American College of Greece — Greek curriculum + English IB Diploma · High school and IB: Agia Paraskevi · Kindergarten–primary school: Spata · ≈10,500 m
  • Doukas School — Greek curriculum + English IB Diploma, International A-Level · Kindergarten to high school · Marousi · ≈12,060 m
  • St Catherine’s British School — British curriculum, IGCSE + IB Diploma · 3 – 18 years old · Lykovrysi · ≈13,820 m
  • St Lawrence College — British curriculum · IGCSE and A-Level · 3 – 18 years old · Koropi · ≈14,930 m

Distance is a straight-line measurement from the district center (OpenStreetMap district point) to the school campus; road distance is longer. Koukaki is a strong district for single people and couples, rather than families with school-age children; English-curriculum schools are beyond 7 km. Enrollment conditions and quotas are to be confirmed directly with the school.

Transport

Koukaki lies between two stations on Metro Line 2 (red): Syngrou-Fix on the eastern edge and Akropoli on the northern edge. Syntagma is two stops away. Tram stops on Syngrou Avenue are just outside the district; the line connects Syntagma to the southern coast via Neos Kosmos. The center can also be reached on foot.

Distances
Syngrou-Fix · Akropoli metro (Line 2)
~440 m · ~890 m
Tram (Kasomouli · Fix)
~360 m · ~510 m
Acropolis Museum · Filopappou
~800 m · ~0.5 km
Athens centre (Syntagma)
As the crow flies ~1.7 km · approximately 20 – 25 minutes on foot, two stops by metro
Faliro coast (SNFCC)
~3.7 km
Athens Airport
By car 36.7 km · approximately 33 minutes without traffic; via Syntagma by metro

Distances are measured as a straight line from the district center; car travel time is calculated without traffic and increases during peak hours.

Tenant profile

Koukaki is within the tourist flow; therefore, short-term rentals are strictly limited here. No new short-term registrations have been issued in the 1st Municipal District since 1 January 2025; the restriction is valid until 31 December 2026, and it was announced in September 2026 that it has been extended until the end of 2027. Existing registered businesses may continue, but new ones cannot be opened. In long-term rentals, the district maintains one of the highest rent levels in the center: €14.9/m²/month.

  • Remote workers and foreign professionals — medium–long term; demand for furnished 1-bed and studios.
  • Students — Panteion and Harokopio; asking rent for student apartments in Q2 2026 was €15.6/m² (Spitogatos).
  • Culture, tourism, and service workers — museum, hotel, and restaurant axis; tenants seeking walking distance to the center.
  • Young couples — seeking a walkable district close to the center; 1-bed and 2-bed.
Market indicators
Average sales listing (Koukaki – Makrygianni)
€3,847/m² (−0.2% annual) · September 2026 · Indomio
Average rental listing
€14.9/m²/month (+8.0% annual) · September 2026 · Indomio
Gross rental yield from listings
~4.7% · before expenses and taxes · September 2026
Student apartment rental listing
€15.6/m²/month · 2st quarter 2026 · Spitogatos
Athens apartment prices
+5.0% annual · 2 quarter 2026 · Bank of Greece

Figures are listing (asking) prices; actual transaction prices are generally somewhat lower. The gross yield is the district average, not the return on a specific apartment. We do not provide unverified rent or yield figures for a specific apartment; the text of the lease agreement is obtained in writing at 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.
  • Sales momentum has stalled: sales listings remained flat over the year (−0.2%), while the Athens average increased by 5%. During this period, with short-term registration closed, the district has lost momentum in sales; expectations for value appreciation should be kept limited.
  • Price level: follows Kolonaki, the historic center, and Mets in the center; it is ~15% above neighboring Neos Kosmos. Negotiation room on the entry price is assessed on an apartment-by-apartment basis.
  • Tourist density: there may be registered short-term rental apartments in the same building; noise and common area usage should be evaluated during an on-site visit. The Syngrou Avenue side is a source of traffic and noise.
  • Building stock: new construction is scarce; building age, energy class, elevator, and plumbing condition are examined on a building-by-building basis.
  • Tax calendar: An increase in the property transfer tax for non-EU/EEA buyers from 3% to 15% is on the agenda (a date of 1 July 2027 is being discussed); we have not yet confirmed that this has been enacted, it will be checked prior to purchase.

Avla’s district view: Positive — selective. Koukaki is one of the strongest districts in the center for rentals, and rental growth continues at (+8.0%). On the sales side, however, momentum has stalled; it should be purchased for high and stable rental income, not for value appreciation. For a Golden Visa investor, the right product is a furnished 1-bed or a studio; discipline regarding the entry price is essential.

Sources: Indomio district data (September 2026) · Spitogatos (student rentals, 2st quarter 2026) · Bank of Greece · ELSTAT 2021 census · GTP (short-term rental restrictions) · EMST · official school websites · Avla measurements via OpenStreetMap and OSRM.

Our pick

Apartments we recommend for you

1 of the 5 apartments are available. This is the apartment we highlight for its price, m² efficiency, and layout.

Available apartment
Apartment 1. Floor apartment
Floor 1 · 2-bed
€465,000
€7,881 / m² net
Net59.00 m²
Outdoor areaBalcony 12 m²
Gross—

The only available apartment remaining in the project.

↑ 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

Register in our system or send it to a friend

Send to a friend
From our portfolio

Featured projects

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

Portfolio map

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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