M80 – Golden Visa Approved Loft in Kallithea

M80 is a generously sized Golden Visa loft in Kallithea, the lively residential municipality between central Athens and the Faliro coast. Located at Mantzagriotaki 80, this two-bedroom, two-bathroom home of approximately 110 m² is being created from a former commercial space and will be delivered fully furnished and equipped. The asking price is €285,000.

The loft extends over three levels – semi-basement, ground floor and mezzanine – and features a fireplace and a storage area, offering far more space than a typical entry-level Golden Visa apartment. NEB Collection reference: N690.

M80 Golden Visa Loft: Eligibility

M80 is a former commercial property that has been legally converted to residential use. Conversions of this kind fall under the €250,000 conversion route of the Greek Golden Visa programme, which allows non-EU investors to qualify with a lower minimum investment than the standard €400,000 and €800,000 thresholds, provided the property is used as a residence after the change of use. According to the information we hold, the change-of-use permit for this loft has already been granted.

Please note that the eligibility of a property does not guarantee a personal residence permit. Each application is assessed individually by the Greek authorities and remains subject to the applicable legal requirements, documentation and checks. NEB Collection can introduce you to independent lawyers and help you confirm the current status of the property before you reserve it.

Kallithea: Location and Transport

Kallithea is one of the most populated residential districts of the Athens basin, with a strong rental market driven by students, families and professionals. The Stavros Niarchos Foundation Cultural Center and the Faliro seafront lie within the wider area, while Mantzagriotaki street is close to shops, restaurants and public transport.

In straight-line terms, the nearest supermarket is about 550 metres away, the coast is approximately 2.4 km, Syntagma Square is around 3.5 km and Athens International Airport is roughly 21.4 km from the property. Central Athens, Piraeus and the coastal suburbs are all within a short drive.

Loft Features

With approximately 110 m², the loft offers two bedrooms and two bathrooms spread across the semi-basement, ground floor and mezzanine. The building dates from 1975 and is undergoing a full high-end renovation with new installations and modern finishes.

Specifications include double-glazed windows, a security door, a fireplace, a storage area and new electrical appliances. The loft will be delivered fully furnished and equipped, ready to be used or let as soon as the works are completed.

Investment and Rental Potential

Based on current market expectations, the home could achieve a monthly rent of around €950, which corresponds to a gross yield of roughly 4.0% at the asking price before taxes, management and running costs. Because the property is delivered fully furnished and equipped, it can be let without additional set-up, whether on a long-term lease or, where permitted, as a short-term rental. Rental figures are indicative only and are not guaranteed.

Delivery and Payment

The property is currently under renovation, with works approximately 80% complete and delivery scheduled for the fourth quarter of 2026. The asking price is payable on standard terms; an instalment plan is not available for this property. We recommend independent legal advice and a full due diligence check before signing.

Available Apartments and Prices

This is a single loft and it is currently available. Prices and availability may change; please contact us for the latest information.

Request Current Availability

Contact NEB Collection quoting N690 to request current availability, additional photos, the floor layout and the purchase process for M80. Our team will help you compare Golden Visa options in Kallithea and across Athens, and confirm every detail of the property before you proceed.