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Neo Irakleio · furnished 1-bed apartments in a boutique building with a pool
Avla Real Estate · Exclusive Selection · Property code A0317

Neo Irakleio · furnished 1-bed apartments in a boutique building with a pool

Neo Irakleio is a boutique building in a family-oriented neighbourhood in North Athens. Its key advantages are the swimming pool, gym, and rooftop terrace with a jacuzzi.
A0317
Property code
2
Available units
€260,000 – €280,000
Price range
February 2027
Delivery
None
Rental guarantee
Golden Visa
Class
pending confirmation
Energy class
Neo Irakleio · furnished 1-bed apartments in a boutique building with a pool
Highlights

Why this property?

  • Metro line 1 stations, direct to Omonia, Monastiraki, and Piraeus
  • Close to schools, parks, and shopping streets
  • Swimming pool
  • Gym
  • Rooftop terrace with jacuzzi and private courtyard
Images

Building and apartments

Some of the images are computer-generated representative visuals.

Project facts

Project facts

In Neo Irakleio, an established family neighbourhood in North Athens, 24 furnished 1-bed apartments (33 – 44 m²) in a boutique building with ground + 2 floors and a rooftop lounge. The building features a swimming pool, gym, and rooftop lounge with a jacuzzi; ground-floor apartments have private courtyards.

Only 2 of the 24 apartments remain: a 37.85 m² (€260,000) on the ground floor and a 40.77 m² (€280,000) on the 2 floor. A pool and rooftop lounge are rare in this price range; the project is on the €250,000 conversion route.

Availability
2 apartment available · 22 sold · total 24 units
Price
€260,000 – €280,000
Area
37.85 – 40.77 m² net
Delivery
Under construction · delivery February 2027 (+3 months)
Rental guarantee
None
Building
Conversion (reconstruction)
Year of construction
Initial permit 2002
Parking
Street parking; please inquire per apartment
Amenities
Fully furnished · swimming pool, gym, rooftop lounge with jacuzzi
Service fee
0%
Golden Visa
Eligible

Listing page · Area report · Investment feasibility — available upon request from your consultant

Location

Neo Irakleio · North Athens

Location is shown with a circle at the district level; the exact address is shared upon signing the Digital Viewing Protocol.

Schools
Deutsche Schule Athen - Grundschule (international) 3.3 km · ACS Athens - American Community Schools (international) 5.9 km · public secondary school 100 m
Shopping
Ionia center 2000 shopping mall 350 m · supermarket 200 m
Transport
Irakleio Metro 650 m
Airport
Athens Airport ~25 min (by car)

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.

Price list · Neo Irakleio · furnished 1-bed‑room apartments in a boutique building with a pool · A0317

Prices and available apartments

Status: 2 available · 22 sold — last confirmed 30 September 2026. Reserved and sold apartments remain on the list; they are faded and labeled.
ApartmentFloorTypeNet m²Outdoor areaGross m²Price€ / m² net€ / m² grossPlan
G1 Sold Garden 8.19 m²Ground1-bed33.17Garden 8.19 m²41.36Sold——
G2 Sold Garden 8.7 m²Ground1-bed39.43Garden 8.7 m²48.13Sold——
G3 Sold Garden 7.63 m²Ground1-bed38.92Garden 7.63 m²46.55Sold——
G4 Sold Garden 4.48 m²Ground1-bed40.97Garden 4.48 m²45.45Sold——
G5 Our pick Balcony 2.31 m²Ground1-bed37.85Balcony 2.31 m²40.16€260,000€6,869€6,474
G6 Sold Garden 21.23 m²Ground1-bed44.08Garden 21.23 m²65.31Sold——
G7 Sold Garden 10.95 m²Ground1-bed41.68Garden 10.95 m²52.63Sold——
A1 Sold Balcony 8 m²11-bed40.47Balcony 8 m²48.47Sold———
A2 Sold Balcony 10.57 m²11-bed38.09Balcony 10.57 m²48.66Sold———
A3 Sold Balcony 9.72 m²11-bed39.43Balcony 9.72 m²49.15Sold———
A4 Sold Balcony 8.65 m²11-bed38.92Balcony 8.65 m²47.57Sold———
A5 Sold Balcony 4.94 m²11-bed40.77Balcony 4.94 m²45.71Sold——
A6 Sold Balcony 7.47 m²11-bed40.14Balcony 7.47 m²47.61Sold———
A7 Sold Balcony 28.76 m²11-bed44.16Balcony 28.76 m²72.92Sold———
A8 Sold Balcony 11.94 m²11-bed41.62Balcony 11.94 m²53.56Sold———
B1 Sold Balcony 8.87 m²21-bed40.47Balcony 8.87 m²49.34Sold——
B2 Sold Balcony 10.57 m²21-bed38.09Balcony 10.57 m²48.66Sold——
B3 Sold Balcony 9.72 m²21-bed39.43Balcony 9.72 m²49.15Sold——
B4 Sold Balcony 8.65 m²21-bed38.92Balcony 8.65 m²47.57Sold——
B5 Our pick Balcony 4.94 m²21-bed40.77Balcony 4.94 m²45.71€280,000€6,868€6,126
B6 Sold Balcony 7.47 m²21-bed40.14Balcony 7.47 m²47.61Sold——
B7 Sold Balcony 28.76 m²21-bed44.16Balcony 28.76 m²72.92Sold——
B8 Sold Balcony 11.94 m²21-bed41.62Balcony 11.94 m²53.56Sold——
C1 Sold Terrace 123.91 m²3 (rooftop)2-bed59.95Terrace 123.91 m²174.76Sold———
From the developer’s official price and availability list dated 30 September 2026; 22 of the 24 apartments have been sold. Gross area = net interior area + balcony. The binding price is fixed upon written confirmation during the offer stage.

Floor and apartment plans

Ground floor plan
Ground floor plan
2nd floor plan
2nd floor plan
Area report · Neo Irakleio+
Neo Irakleio · Irakleio metro station
Irakleio metro station · Photo: Runner1928 · CC BY-SA 4,0 · Wikimedia Commons

Avla Real Estate Area Report · Neo Irakleio · North Athens · 23 – 24 October 2026. This is a district-level assessment; it does not include a review of a specific apartment.

Location

Neo Irakleio, officially the municipality of Irakleio, is approximately 8.5 km north of Syntagma as the crow flies. It has a population of 50,494 people per 4.64 km² (2021); it is a dense residential district with approximately 10,900 people per km². While the population of neighbouring Nea Ionia is declining, Irakleio has grown slightly over the decade (2011: 49,642). The district is located between Nea Ionia, Marousi, and Lykovrysi, where the two main axes of North Athens, Metro Line 1 and the Attiki Odos, meet.

Residential demand is driven by neighbouring hubs: Olympic Sports Complex (OAKA) ~1.95 km, The Mall Athens ~2.15 km, Marousi business corridor ~8 minutes by car. Agia Olga public hospital is ~1.35 km away; HYGEIA and MITERA private hospitals are ~3 km away. For the district’s largest public project, a programme contract worth €16.7 million + VAT was signed with the Attica Region in March 2026: a road axis connecting to Kifisias Avenue will be routed under the metro line via a ~350 m tunnel, and the square above will be redesigned. Construction start date is pending confirmation.

Schools

English-language schools and distances from the district center as the crow flies:

  • St Catherine’s British School — British curriculum, IGCSE + IB Diploma · 3 – 18 years old · Lykovrysi · ≈3,760 m
  • Doukas School — Greek curriculum + English IB Diploma, International A-Level · Kindergarten to high school · Marousi · ≈4,870 m
  • ACS Athens — American curriculum + IB Diploma and AP · English · Kindergarten to high school · Chalandri · ≈5,410 m
  • International School of Athens (ISA) — IB PYP, MYP and Diploma · entirely in English · Kindergarten to high school · Kifisia · ≈5,870 m
  • Pierce – American College of Greece — Greek curriculum + English IB Diploma · High school and IB: Agia Paraskevi · kindergarten–primary school: Spata · Agia Paraskevi · ≈7,530 m
  • Byron College — British curriculum · IGCSE and A-Level · Kindergarten to high school · Pallini – Gerakas · ≈9,990 m

The distance is a straight-line measurement from the district centre (OpenStreetMap settlement point) to the school campus; the road distance is longer. Nearby, there is the German School in Marousi (≈2,770 m) and well-established private schools providing Greek-language education in Psychiko – Filothei, such as Ionios, Athens College, Arsakeio, and Moraitis (2.8 – 4.1 km). Enrolment conditions and quotas are to be confirmed directly with the school.

Transport

Neo Irakleio is one of the best-connected northern districts via rail: the Irakleio station of Metro Line 1 is right next to the district center, and the Irakleio station of the suburban railway is at ~1.1 km. The airport line of the suburban railway passes through this station. Attiki Odos runs through the district; there is a direct vehicle connection to the airport and the National Road. The first phase of Metro Line 4 currently under construction does not pass through this district.

Distances
Metro station (Irakleio, M1)
~230 m · ~3 minutes on foot
Suburban railway (Irakleio)
~1.1 km
Irini (OAKA) station
~1.6 km
Omonia
Approximately 20 minutes non-stop with M1
Athens centre (Syntagma)
As the crow flies ~8.5 km · ~16 minutes by car without traffic
OAKA · The Mall Athens
~1.95 km · ~2.15 km
Athens Airport
~25 minutes by car via Attiki Odos without traffic (29.6 km)

Distances are as the crow flies from the district center. Car travel times are measured without traffic; they increase significantly during peak hours. Metro time is approximate based on schedule signs.

Tenant profile

Demand stems from the transport hub rather than tourism: having the metro, suburban railway, and motorway in the same district attracts those working both in the center and the northern corridor. The listing rent (€10.14/m²) is at the same level as Nea Ionia, but the listing price is 21% higher; therefore, the gross listing yield is relatively low.

  • Young professionals — M1 to the center, by car or metro to Marousi; 1-bed is the primary product type.
  • Retail and service workers — around The Mall Athens and OAKA; medium-term.
  • Healthcare workers — Agia Olga and private hospitals in the north; regular payment.
  • Resident families — district schools and sports areas; large apartment, very long-term.
Market indicators
Average listing price
€3,259/m² (+4.46% annual; +51.1% in 5) · September 2026 · Indomio
Average rental listing
€10.14/m²/month (+2.11% annual) · September 2026 · Indomio
Gross listing yield
≈3.7% (listing rent × 12 / listing price) · derived
North Athens listing average
€3,713/m² (+5.54% annual) · September 2026 · Indomio
Athens apartment prices
+5.0% annual · 2 quarter 2026 · Bank of Greece

Figures represent listing (asking) prices; actual transaction prices and rents are generally slightly lower. The gross yield is before taxes, maintenance fees, and vacancy. We do not provide unverified rent or yield figures for a specific apartment; the rental contract and the text of the rental guarantee are obtained in writing during the offer stage.

Risks

  • Golden Visa restriction: Short-term (daily) rentals are prohibited for properties acquired via Golden Visa; thresholds and eligibility are confirmed in writing on an apartment-by-apartment basis by an independent Greek lawyer — no statement on this page constitutes such confirmation.
  • Price has outpaced rent: the gross listing yield is ≈3.7%; rent growth remains at (+4.5%) half of the (+2.1%) price growth.
  • Slowing momentum: annual listing price growth is (+5.5%) below the North Athens average; the strong growth of the last five years (+51%) should not be expected to continue at the same pace.
  • Axes and construction: Attiki Odos, along with the metro and suburban lines, are sources of noise; if the tunnel project is implemented, there may be long-term construction in the vicinity.
  • Dense fabric: ~10,900 people per km²; parking and view are evaluated on an apartment-by-apartment basis.
  • Tax calendar: It has been reported that the property transfer tax for non-EU/EEA individuals will increase from 3% to 15% as of 1 July 2027; this has not yet been enacted, and the scope and exemptions will be confirmed prior to purchase.

Avla’s district view: Neutral – positive. The strength of Neo Irakleio is its transport: the metro, suburban railway, and Attiki Odos are in the same district, with OAKA and The Mall just a few kilometers away. However, price has moved ahead of rental income. As a more accessible northern corridor gateway compared to Marousi, the district is suitable for a patient investor focused on long-term tenants.

Sources: Indomio (September 2026) · ELSTAT 2021 census (citypopulation.de) · Attica Region (March 2026 funding call and program contract) · Elliniko Metro (Line 4) · Bank of Greece · OpenStreetMap and OSRM measurements · official school websites.

Our pick

Apartments we recommend for you

2 of the 24 apartments are available. Among these, we highlight two apartments in terms of price, m² efficiency, and outdoor area.

Best entry point
Apartment G5
Ground floor · 1-bed
€260,000
€6,474 / m² gross · €6,869 / m² net
Net37.85 m²
Outdoor areaBalcony 2.31 m²
Gross40.16 m²

Lowest price among available apartments.

Best gross m² price
Apartment B5
Floor 2 · 1-bed
€280,000
€6,126 / m² gross · €6,868 / m² net
Net40.77 m²
Outdoor areaBalcony 4.94 m²
Gross45.71 m²

The lowest price in the project per gross m² is (€6,126); including 4.94 m² of outdoor area.

↑ Full price list
Framework first

Why does the investment threshold differ for everyone?

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.

€800,000
Upper tier
Applies to areas under high demand. Requires a single property and at least 120 m².
€400,000
Other areas
The same conditions of a single property and at least 120 m² apply.
€250,000
Not location-dependent
Only in two cases: (a) change of use for a non-residential building, (b) restored listed building.

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.

Digital Viewing ProtocolThe exact address and apartment-specific location are shared upon signing the protocol+
Introduction record

Digital Viewing Protocol

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.

Contracting Party
Completed in your name at signing
Phone
Added at signing
Email
Added at signing
Client Reference
—
Client Registration No
—
Advisor
M. Sami Akbeniz · Avla · +90 532 282 26 57
Agency (Türkiye)
Avla Real Estate Gayrimenkul A.Ş. · Caferağa Mah. Şifa Sk. No:19, Kadıköy / Istanbul · Kadıköy Tax Office 1061174832
Agency (UAE)
Avla International Properties FZ-LLC · Free Zone Limited Liability Company (FZ-LLC), Ras Al Khaimah Economic Zone (RAKEZ) · Service licence no 47037577 · Media licence no 17010313 · RAKEZ registration no 1911964 · Address: CWEP8995, Compass Building, Al Shohada Road, Al Hamra Industrial Zone-FZ, Ras Al Khaimah, United Arab Emirates · Manager: Mehmet Sami Akbeniz · Licence valid 24.09.2026 – 23.09.2027
Offices
Istanbul · Athens · Dubai · London
Date of Introduction
The date this page was sent to you

Get the address details

WhatsApp
Security and Golden Visa 2026Your funds are held in a dual-signature account — how your money is protected step-by-step, 2026 rules+
Financial protection shield

Your money does not go to the seller, but to a dual-signature account.

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.

Exclusively for Avla clientsThis dual-signature escrow account is not a standard practice offered by the developer to everyone. It is opened only for clients purchasing through Avla, and Avla appoints the co-signing lawyer. Currently, only one of our developers offers this account; we will confirm in writing during our meeting whether it is applicable to your chosen project.
You
Deposit the purchase price into a single account
the full amount
Dual-signature escrow account
Opened in the seller’s name; no funds can be withdrawn without two signatures
✍ Seller’s representative✍ Lawyer appointed by AvlaBuyer’s representative
as documented, in installments
Seller
Only to their own account, only upon documented completion of stages
  1. 1ReservationPrice in the signed reservation agreement
  2. 2Final contractThe portion excluding construction costs — upon signature at the notary and written confirmation from your lawyer
  3. 3Foundation and frameFirst construction installment — with the signed letter of the supervising engineer
  4. 4Walls and plasteringUpon completion of your apartment — again with the engineer’s letter
  5. 5DeliveryOnce the apartment and common areas are finished and utility applications are submitted — remaining installment

Lawyer cannot be replaced

The co-signing lawyer cannot be removed without your consent; funds in the account are free from seizure and liens.

Funds are released only to the seller’s account

No payments can be made to any other person or account; the flow can only be altered by a court order.

What you need to know clearly

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.

What you need to know

2026 table for Golden Visa

We will disclose the figures with documentation during our meeting; however, to set your expectations correctly from the start, the framework is as follows:

800,000 €
Standard investment threshold applicable throughout the Attica region.
250,000 €
Special route applicable only to properties converted into residential units through a change of use, with the conversion completed.
5 years
Residence permit duration; renewable as long as the property is held.
Prohibited
Short-term (Airbnb-style) rentals are not permitted for properties subject to the Golden Visa.
Important: If the price shown on the title deed falls below €250,000, the right of residence becomes invalid. This threshold must be maintained during discount negotiations. If the property is sold, the residence permit is cancelled. The threshold applicable to each project is documented separately.
Announcement · September 2026

Property transfer tax 15%

From 1 July 2027

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.

Industry report — transfer tax and €250,000
Under consultation · June 2026

Portfolio Golden Visa

With long-term rental condition

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.

Portfolio Golden Visa model
Open topic

€250,000 route

Conversion category

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.

How the €250,000 route works
Registration

Register in our system or send it to a friend

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From our portfolio

Featured projects

Projects we highlight under the Golden Visa; each card opens the project’s own page.

Portfolio map

What is where in Athens?

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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