Glyfada, the pearl of Athens' southern suburbs, rests along the idyllic Athenian Riviera. Originally a tranquil fishing village, it evolved into a favorite cosmopolitan destination for Athenians and non-domestic visitors from the mid-20th Century. Synonymous with luxury, history, and beauty, Glyfada's geographical location offers fantastic sea views across the Saronic Gulf and close proximity to Athens town center. With ancient treasures such as the municipal freshwater springs and the Glyfada Golf fields, this area preserves its historical roots amidst its modern development.
Current Real Estate Market
The exclusive property market in Glyfada, particularly in the Golf Area, is strong and increasingly stable. There is a rich supply of luxury homes and apartments to meet the growing demand, mirroring the area's booming economy and stable political atmosphere.
Financial Aspects
When considering the purchase of a luxury home in Glyfada, Golf Area, several additional expenses should be factored in. These include transfer tax, realtor commissions, notary fees, and possibly legal or construction inspection costs. The local tax considerations also significantly vary depending on the property's usage and ownership. For instance, the transfer tax on private property, wealth tax on private home ownership, or tax obligations on profits from selling a privately-owned home could apply. Additionally, the rates for corporate and income taxes for registered residents must be considered.
Mortgage and Financing
The general mortgage prerequisites for buying a house in Glyfada involve income requirements and a certain ratio between own and foreign capital. However, the maximum mortgage amount varies with individual circumstances and the specific property involved.
Location and Accessibility
Nested in the region of Attica, Glyfada borders the Saronic Gulf and is a flourishing city with roughly 87,000 inhabitants. It's merely 15 km from the dynamic city of Athens and near Eleftherios Venizelos, the international airport. Home to abundant nature trails, golf areas, and magnificent landscapes, Glyfada boasts a Mediterranean climate that encourages outdoor adventures.
Education and Lifestyle
Renowned institutions like the American College of Greece and international schools are located here. Glyfada is also celebrated for its luxury lifestyle shops, regal hotels, exquisite restaurants, and exclusive nightlife, offering an opulent experience to its inhabitants and visitors.
Cultural and Leisure Opportunities
Glyfada is a cultural hub, hosting annually returning cultural events and housing well-known art galleries, theaters, and museums. Families have access to state-of-the-art public infrastructure, including top-tier medical facilities, making Glyfada a truly selected location.
Sports and Outdoor Activities
From the seashore that calls for aquatic sports, to tennis courts and the famous Glyfada Golf Club, there are plentiful opportunities for active residents. Glyfada balances the vibrance of city life with the tranquillity of coastlines and nature trails, representing the epitome of sophisticated living.
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