Apartment (2) K3A-B1
€419,000
€3,492 / m² gross · €3,492 / m² net
Net120.00 m²
Outdoor areaBalcony 73.2 m²
Gross120.00 m²
Lowest price among available apartments; the gross m² price is also the lowest in the project.
Images are from the developer’s promotional materials; some may be computer-generated representative visuals.
Three 3-bed residences ready for delivery in Gerakas, one of the green and quiet districts of East Attica. A-class energy efficiency, smart home systems, solar water heating and contemporary interiors; 120–157 m² floor plans, with prices starting from €419,000.
Gerakas: Quiet, Green, Easily Accessible. Gerakas is a quiet residential district on the eastern side of Athens, distinguished by its low traffic, abundant greenery and a genuine neighbourhood feel. Daily life revolves around the main square, which serves as a meeting point for residents; access to Athens city centre is quite easy. All daily needs are within walking distance of the project: park 350 m, middle school 270 m, primary school 500 m, pharmacy 450 m, bank 350 m, town hall 650 m; supermarkets and a gym are within 1–1.3 km.
Project. Avenue Residence is a contemporary, low-rise project with a minimalist architectural language featuring earth-toned facades, large glass openings that maximise natural light, and premium interior materials throughout. Construction is complete (2026) and the apartments are ready for delivery. The building is A-class energy efficient and equipped accordingly: independent heating-cooling via heat pump, photovoltaic panels with Net Metering system, solar water heaters, energy-efficient aluminium joinery with high thermal and sound insulation, LED lighting, smart home infrastructure, steel entrance doors and alarm pre-installation.
Location is shown with a circle at the district level; the exact address is shared upon signing the Digital Viewing Protocol.
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.
| Apartment | Floor | Type | Net m² | Outdoor area | Gross m² | Price | € / m² net | € / m² gross | Bathrooms | Plan |
|---|---|---|---|---|---|---|---|---|---|---|
| (2) K1-B1 Our pick Balcony 35.7 m² | 2 | 3-bed | 123.00 | Balcony 35.7 m² | 123.00 | €439,000 | €3,569 | €3,569 | 2 | |
| (2) K3A-B1 Our pick Balcony 73.2 m² | 2 | 3-bed | 120.00 | Balcony 73.2 m² | 120.00 | €419,000 | €3,492 | €3,492 | 2 | |
| (2) K3B-A1 Pending confirmation | 2 | — | 157.00 | — | — | €499,000 | €3,178 | — | — | — |
Avla Real Estate Area Report · Gerakas – Glyka Nera · East Attica (Mesogeia) · 24 October 2026. This is a district-level assessment; it does not include a review of a specific apartment.
Gerakas is a municipal unit located in the northeast of Athens, between the northern tip of Ymittos and the Mesogeia plain, currently part of the Municipality of Pallini. The district center is approximately 11.4 km from Syntagma as the crow flies and about 12 km from Athens Airport; it sits halfway between the city center and the airport. The population grew from 29,939 in 2011 to 33,856 in the 2021 census (+13%); with a density of approximately 5,100 people per square kilometer over an area of 6.6 km², it is less than half that of the inner districts of the Athens basin. The residential fabric is low-to-medium density: low-rise apartment buildings with gardens and detached houses predominate, with taller blocks concentrated in the center.
Neighboring Glyka Nera, located about 2.9 km south of the Gerakas center, is a municipal unit under the Municipality of Paiania: 11,877 people in 2021, 9.2 km² area; the density is about a quarter of Gerakas. Demand is driven by three factors: the joint Pallini station for Metro Line 3 and the suburban railway (Proastiakos), the international school cluster of northeast Athens, and the airport corridor via Attiki Odos. Infrastructure in Glyka Nera is still being completed: according to the EYDAP project page, the second phase of the district’s sewage network is being carried out with a budget of €28.9 million (including VAT). In terms of pricing, Gerakas is one of the fast-appreciating districts in East Attica: according to Indomio data, the average sales listing price has increased by 68% over the last five years.
English-language schools and their distance from the Gerakas district center as the crow flies:
Distance is measured as the crow flies from the Gerakas district center to the school campus (OpenStreetMap); road distance is longer. The closest option from Glyka Nera is Pierce (≈2,360 m). Enrollment conditions are to be confirmed with the school.
There is no metro station within Gerakas; the backbone of rail access is the Pallini station, located approximately 1.4 km from the district center. Here, Metro Line 3 and the Proastiakos share the same station: Line 3 goes directly to Syntagma and heads to the airport in the opposite direction. Doukissis Plakentias (Line 3 + Proastiakos) is about 2.4 km away, and the Paiania–Kantza Proastiakos station on the Glyka Nera side is about 2.0 km away. Daily movement within the district is largely by car; Attiki Odos and the Ymittos ring road are the two main axes.
Distances are as the crow flies from the district center (OpenStreetMap); car travel times are calculated for routes without traffic (OSRM) and increase significantly during peak hours.
Demand is based on the year-round resident population, not tourism. The short-term rental registration freeze in Athens city centre only covers the 1st, 2nd and 3rd municipal districts of the Municipality of Athens; Gerakas and Glyka Nera are not included in this scope. Daily rentals are already prohibited in properties acquired via Golden Visa; therefore, the district should be viewed as a long-term rental market.
Figures are listing (asking) prices; actual transaction prices are generally slightly lower. We do not provide unverified rent or yield figures for a specific apartment; the text of the lease agreement and rental guarantee is obtained in writing at the offer stage.
Avla’s district view: Positive — family and school-oriented. Gerakas and Glyka Nera offer larger and newer housing between the city centre and the airport, right next to the international school cluster; rental demand remains year-round from families and airport corridor employees. Rapid price growth over the last five years makes price discipline at entry mandatory; walking distance to the metro is not available in every building, so building selection is as important as district selection.
Sources: Indomio · ELSTAT 2021 census (via Wikipedia) · EYDAP project page · Bank of Greece · Athens Metro (STASY) · OpenStreetMap and OSRM (distance and time measurement) · official school websites.
2 of the 3 apartments are available. Among these, we highlight two apartments in terms of price, m² efficiency, and outdoor area.
Lowest price among available apartments; the gross m² price is also the lowest in the project.
After the most suitable entry, the lowest price per gross m² is €(€3,569).
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.
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.
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.
1 · Introduction record. Which property was introduced, and by whom, is recorded with the viewing form. Our viewing form covers digital and physical viewings alike — presenting a property to you on a video call carries the same weight as showing it on site.
2 · Viewing. If you wish, properties are shown on a video call; or, during your visit, we pick you up from the airport, prepare a comprehensive two-day tour programme and accompany you throughout. We ask you to sign the viewing form before the tour. The tour and briefing are free of charge.
3 · Service fee. The service fee for the property on this page is 0%. Our only request is that the purchase of a property we have introduced is completed through our firm.
4 · Reservation. If you wish, a full legal review (title history, mortgages and liens, permits) is carried out by our lawyers; once the preliminary review is complete, we move to reservation. The reservation amount is generally limited to 10% of the sale price; the property can be paid for in full or in instalments.
5 · With you from start to finish. We are with you at every step, from the purchase itself to the Golden Visa application and its renewals.
| Ref | Property | District | Type | Area | Price | Service fee |
|---|---|---|---|---|---|---|
| A0193 | Avenue Residence | Gerakas · East Attica | — | 120.00 – 123.00 m² net | €419,000 – €439,000 | 2% + VAT — applied upon completion of purchase |
The Contracting Party confirms that the property(ies) listed above were introduced and shown to them by Avla Real Estate Gayrimenkul A.Ş. and Avla International Properties FZ-LLC (the "Agency"; together or individually "Avla"), and that they had no prior knowledge of these properties from any other source. Any prior acquaintance or relationship of the Contracting Party with the owner, developer or constructor of the listed properties does not constitute prior knowledge of the properties themselves and shall in no way affect or invalidate the Agency's rights under this Agreement; the decisive factor is the introduction of the specific properties by the Agency. (a) Service fee: if the Contracting Party, directly or indirectly, or through a spouse, relative, close business associate or any related natural or legal person, purchases or leases any of the listed properties through the mediation of the Agency, they shall pay the Agency the fee stated in the "Service fee" column, calculated on the final transaction price. This fee becomes due and payable automatically upon the signing of the final sale or lease agreement. (b) Protection of the introduction right: if the Contracting Party, or any of the related persons listed above, bypasses Avla and purchases or leases a property introduced by Avla directly from the owner or through a third party, a service fee equal to five percent (5%) of the final transaction price (plus VAT, if applicable) shall be paid to Avla as compensation for Avla's losses and expenses. (c) Developer-level protection: this protection is not limited to the listed properties; it also covers the company that is the owner, developer or constructor of the properties introduced by the Agency, and that company's affiliated companies. If the Contracting Party, or any of the related persons listed above, purchases or leases another property of these companies that is not on the list, that transaction shall also be deemed a result of the Agency's introduction, and the service fee and protection provisions above shall apply in full. No subsequent change in the price or in the negotiations shall cancel or reduce these obligations. The parties acknowledge that the Agency's fees under this Agreement will be invoiced from the United Arab Emirates or Türkiye. Personal data provided herein is processed solely for the purpose of this mediation, in accordance with Regulation (EU) 2016/679 (GDPR). This Agreement is governed by the laws of the United Arab Emirates; any dispute arising from it shall be subject to the exclusive jurisdiction of the Courts of the Dubai International Financial Centre (DIFC Courts), Dubai, United Arab Emirates, and the parties agree in writing that any claim within the applicable limits shall be heard by the DIFC Courts' Small Claims Tribunal.
By opening the presentation, you acknowledge that the properties on this page were introduced to you by Avla.
For the exact location and street details, call us or fill in the short form at the end of the page (under KVKK/GDPR) and we will call you.
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.
The co-signing lawyer cannot be removed without your consent; funds in the account are free from seizure and liens.
No payments can be made to any other person or account; the flow can only be altered by a court order.
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.
We will disclose the figures with documentation during our meeting; however, to set your expectations correctly from the start, the framework is as follows:
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.
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.
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.
Once you submit the form, our team will call you; we will share the current availability, binding price, and payment plan for the apartments you are interested in via writing.
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avlarealestate.com →Projects we highlight under the Golden Visa; each card opens the project’s own page.
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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