Apartment (1) A
€388,559
€3,847 / m² gross · €3,847 / m² net
Net101.00 m²
Outdoor areaBalcony 23 m²
Gross101.00 m²
Lowest price among available apartments.
Images are from the developer’s promotional materials; some may be computer-generated representative visuals.
Avra Residence is a boutique new build project in Keratsini, on the western side of Piraeus. Four 3-bed apartments ranging from 101–163 m²; energy class A, smart home systems and photovoltaic infrastructure. Easy access to the port and Athens city centre.
Delivery 2027.
Avra Residence — Keratsini, Piraeus. Avra Residence is a boutique new build project rising in Keratsini, an established residential district on the western side of Piraeus. The building offers four spacious 3-bed apartments, including two duplexes on the upper floors, ranging from 101 to 163 m²; all apartments are designed with large facade openings that maximise natural light and views. Construction is currently in the finishing stages; delivery is scheduled for 2027.
Location. Keratsini is located just west of Piraeus centre, within the greater Athens urban fabric. Piraeus Port, the largest port in Greece, is approximately 3 km away, Piraeus centre with metro and suburban train connections is approximately 4 km away, Athens city centre is approximately 12 km away, and Athens International Airport is approximately 45 km away. The area is served by an extensive bus network and is positively influenced by the ongoing urban regeneration of the West Piraeus coastline; this transformation continues to increase the demand for quality new housing in the region.
Building and Amenities. The project is being built to energy class A standards. Each apartment features independent heating and cooling via a heat pump; the system is supported by photovoltaic panels with a Net Metering arrangement and a solar water heater. Double-glazed, energy-efficient aluminium frames with high thermal and acoustic insulation are complemented by LED lighting, smart home infrastructure, a steel security door and pre-installation for an alarm system. Kitchens and bathrooms follow a modern design line; the two duplexes on the upper floors feature two bathrooms each.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| (1) A Our pick Balcony 23 m² | 1 | 3-bed | 101.00 | Balcony 23 m² | 101.00 | €388,559 | €3,847 | €3,847 | 1 | — |
| (2) B Balcony 23 m² | 2 | 3-bed | 101.00 | Balcony 23 m² | 101.00 | €403,196 | €3,992 | €3,992 | 1 | — |
| (5/6) E Our pick Balcony 54 m² | 5–6 | 3-bed | 163.00 | Balcony 54 m² | 163.00 | €542,120 | €3,326 | €3,326 | 2 | — |
| (7/8) F Our pick Balcony 51 m² | 7–8 | 3-bed | 128.00 | Balcony 51 m² | 128.00 | €507,788 | €3,967 | €3,967 | 2 | — |
Avla Real Estate Area Report · Piraeus · Including Kastella – Mikrolimano · October 2026. This is an assessment at the district level; it does not include an inspection of a specific apartment.
Piraeus is not a suburb of Athens, but a port city with its own centre. The municipality hosts 168,151 people in 10.9 km² (2021; 163,688 in 2011). The city centre is 8.5 km from Syntagma as the crow flies. The density is approximately 15,500 people per km²: Piraeus is a densely populated city; new housing supply largely comes from the renovation of older buildings.
The backbone of housing demand is the port. According to 2025 data from the Piraeus Port Authority, over 17 million ferry and coastal passengers and approximately 1.86 million cruise passengers passed through the port. Around the centre are the University of Piraeus (~550 m), the public hospitals Tzaneio (~1 km) and Metaxa (~1.5 km), and the port office axis. On the east coast, Pasalimani (Zea), Kastella hill, and Mikrolimano (~1.3 km) form the city’s most expensive residential belt.
The biggest change in the last five years is the rail system: the Piraeus tram loop opened on 15 December 2021, and the extension of Metro Line 3 (Maniatika – Piraeus – Municipal Theatre) opened on 10 October 2022. The contract for the AENAON metropolitan park in Faliro Bay, with a total budget reported at approximately 370 million €, was signed on 2 September 2026; construction is planned to start in January 2027 and finish in September 2029.
Schools providing education in English or offering English-language programmes and their distances from the district centre (around the Municipal Theatre) as the crow flies:
Distances are measured as a straight line from the district center to the school campus (OpenStreetMap); as the campus location is taken at street level, it may deviate by ±300 m, and road distance is longer. There is no middle or high school in Piraeus that provides education entirely in English; ISP ends at primary school. For a child who will complete high school with a British or American curriculum, daily commute time must be taken into account. Enrollment conditions, open classes, and quotas are confirmed directly with the school.
Piraeus is the southwestern junction of the Athens rail system: Metro Line 1 (green) and Line 3 (blue), the suburban train (Proastiakos), and the tram all meet at the same point. Line 3 connects Piraeus directly to both Syntagma (10 stops) and the airport. Ferry gates are opposite the metro exit.
Distances are as the crow flies. Car travel times are measured via the OpenStreetMap road network without traffic; they increase significantly during peak hours. The airport metro time is the value published by Athens Airport.
In Piraeus, demand is based on the working population rather than tourism; the port, university, and hospitals operate year-round. This means a long-term rental market that remains occupied even during the November–March period. Since properties purchased via Golden Visa can only be rented long-term, this structure fits the income model of a Golden Visa investor.
Figures represent listing (asking) prices; actual transaction prices are generally slightly lower. According to Indomio, listing prices across Piraeus have increased by 27.3% in three years. We do not provide unverified rental or yield figures for specific apartments; the rental agreement and the text of any rental guarantee are obtained in writing during the offer stage.
Avla’s district view: Positive — income-focused. Piraeus is one of the rare Athens addresses that brings the port, metro, and university into a single radius; demand is driven by the working population rather than the season. Price growth is rapid, but the difference between the coast and inner neighbourhoods is significant; value comes from the micro-location rather than the district name.
Sources: Indomio · Bank of Greece · ELSTAT 2021 census · Piraeus Port Authority (OLP) · Athens Airport · Attiko Metro (STASY) · Attica Region · OpenStreetMap measurements · official school websites and IB registries.
4 of 4 apartments are available. From these, we highlight three apartments in terms of price, m² efficiency, and outdoor area.
Lowest price among available apartments.
The lowest price in the project per gross m² is (€3,326).
The largest outdoor area (51 m²) among the available apartments on the top floor.
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 |
|---|---|---|---|---|---|---|
| A0194 | Avra Residence | Keratsini · Piraeus | — | 101.00 – 163.00 m² net | €388,559 – €542,120 | 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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The bird in our logo is a weaver bird. It weaves its nest stitch by stitch, with patience and strength. The bird returns to the word “Avla,” which means the place where it will build its nest. Every line of the logo was drawn with a single stroke and the same thickness: the same care in every detail. We build your nest with the same patience and care.
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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