Properties for Sale in Greece
Invest in Greek property with Astons
Discover exceptional real estate in Nikaia, a vibrant district in western Athens offering affordable Mediterranean living with urban convenience. Located just minutes from Athens center, Nikaia combines traditional Greek charm with modern infrastructure, making it an ideal choice for international buyers seeking Nikaia real estate for purchase. Whether pursuing permanent residence, investment opportunities, or Golden Visa eligibility, this emerging neighborhood presents unmatched value in Greece’s thriving property market.

Tamara Chetcuti


Why You Should Buy Property in Nikaia?
Buy property in Nikaia for exceptional value in Athens’ booming real estate market. Property prices in the greater Athens area have risen consistently since 2017, with apartment prices increasing 13.8% in 2023 and an additional 9.1% in Q2 2024. This upward trend is driven by foreign investment, tourism growth, and Greece’s Golden Visa programme.
Nikaia offers diverse property options from traditional apartments to modern developments, all significantly more affordable than central Athens districts. The area provides excellent connectivity to Athens center via public transport, with metro, bus, and tram services starting at just €1.20—far cheaper than most European cities.
The rental market shows strong growth potential, with central Athens rental prices rising 11.1% annually. Nikaia’s strategic location and affordable housing attract long-term tenants and short-term rental guests, offering investors solid returns of 4-6% annually.
Explore Nikaia’s properties today—schedule your consultation with Astons’ real estate specialists.
What are the Requirements to Buy Property in Nikaia (Greece)
International buyers can purchase unlimited residential and commercial properties in Nikaia without restrictions. Any foreign citizen, regardless of EU residency status, enjoys ownership rights equivalent to Greek citizens, including freedom to buy, sell, and inherit property.
Residency through real estate via Greece’s Golden Visa programme requires minimum investments of €800,000 in the Athens metropolitan area. Alternative pathways include €250,000 investments in historic buildings requiring renovation or commercial properties converted to residential use.
Before purchasing, obtain a Greek tax number (AFM) and open a local bank account for transaction processing. Properties qualifying for Golden Visa must be at least 120 sq.m (this restriction doesn’t apply to the €250,000 renovation option). The programme extends to spouses, children under 21, and parents of investors.
How to Buy Property in Nikaia: Step by Step Guide
- Property Selection: Choose from affordable apartments, traditional houses, or modern villas in this emerging district.
- Legal Documentation: Obtain AFM tax number and establish Greek banking relationship.
- Property Verification: Conduct thorough legal checks to ensure clear title and no outstanding debts.
- Preliminary Agreement: Negotiate terms and pay deposit (typically 10% of property value).
- Final Transaction: Complete notarized purchase agreement with full fund transfer.
- Official Registration: Register ownership in Land Registry and transfer utility accounts.
Total transaction costs include 3.09% property transfer tax, approximately 1% notary fees, and 0.5% registration fees. Professional legal support ensures compliance with Greek regulations and smooth Golden Visa processing.
Begin your Nikaia investment journey—contact our experts for personalized property selection and legal guidance.
FAQ
Can foreigners buy property in Nikaia?
Yes, any foreign citizen can easily purchase unlimited residential and commercial properties in Nikaia with full ownership rights equivalent to Greek nationals.
What are the advantages of buying property in Greece?
Benefits include Golden Visa residency, EU citizenship pathway after 7 years, visa-free Schengen travel, affordable living costs, excellent healthcare, and quality education systems.
What potential pitfalls exist when buying property in Nikaia?
Key considerations include obtaining the required AFM tax number, opening a Greek bank account, verifying clear property title, and ensuring compliance with Golden Visa investment requirements.
How long can I stay in Nikaia when owning property?
Property ownership enables residence permit applications for permanent stays, with Golden Visa providing renewable 5-year permits and eligibility for Greek citizenship after 7 years.