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Promenade Heights (Ellinikon)

Promenade Heights, The Ellinikon Park, Elliniko, Athens, Greece, Athens, Greece
From EUR470000
Promenade Heights (Ellinikon)
Promenade Heights (Ellinikon) - Image 2
Promenade Heights (Ellinikon) - Image 3

Overview

Bedrooms1-4
Bathrooms0
Area0 sqm
Year BuiltN/A

A development of 79 apartments in 9 buildings, arranged around a central oasis, with completion expected in Q4 2026.

High demand! This property is getting a lot of attention.

Consider acting fast if you're interested.

Building/Community Amenities

  • 24/7 Security
  • Balcony / Patio / Terrace
  • Beach Access
  • Clubhouse / Resident Lounge
  • Garden / Courtyard
  • Hot Tub / Jacuzzi
  • Jogging / Biking Trails
  • On-site Retail / Shops
  • Park
  • Parking
  • Playground / Kids Play Area
  • Pool
  • Private Pool
  • Restaurant (On-site)
  • Rooftop Deck / Terrace
  • Sea / Ocean View
  • Spa / Wellness Center
  • Storage Units
  • Waterfront / River View

Investment Insights

Investment Analysis

Investment Summary

Property Price:€470,000
Down Payment (30%):€141,000
Total Investment:€0
Monthly Rental Income:€0
Net Annual Rental Income:€0
Future Property Value:€0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Varies by region

Foreign Ownership

Restrictions may apply to foreign buyers

Tax Considerations

Property Taxes

Annual property taxes and rental income taxes may apply

Transfer Tax

Transfer taxes or stamp duties typically apply on purchase

Inheritance Tax

Inheritance or estate taxes may apply

Important Considerations

Restrictions

  • Restrictions may apply to foreign ownership
  • Additional permits may be required

Required Documents

  • Valid identification
  • Purchase contract
  • Property registration documents
  • Tax documentation

Financing Options

Financing Options

Mortgage Calculator

$141,000
Loan Amount:$329,000
Monthly Payment:$0
Total Payment:$0
Total Interest:$0

Financing in Greece

Mortgage options vary by country. Foreign buyers typically face stricter requirements and may need larger down payments compared to local residents.

Requirements for Foreign Buyers
  • 1
    Valid identification
  • 2
    Proof of income
  • 3
    Credit history documentation
  • 4
    Property valuation
Popular Lenders
International Bank 1
Max LTV:
70%
Interest Rate:
From 3.0% fixed, 2.5% variable
International Bank 2
Max LTV:
65%
Interest Rate:
From 3.2% fixed, 2.7% variable
International Bank 3
Max LTV:
60%
Interest Rate:
From 3.5% fixed, 3.0% variable

Contact Information

Lamda Development

Lamda Development

Property Developer

Verified

2107450600

sales@lamdadev.com

www.lamdadev.com/en

Contact Developer

Mention property ID: Promenade Heights (Ellinikon) when contacting.

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