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Kaminia Terrace Residences
Avla Real Estate · Exclusive Selection · Property code A0168

Kaminia Terrace Residences

A new build in the established residential fabric of Piraeus. Balconies in all apartments.
A0168
Property code
13
Available units
€250,000 – €420,000
Price range
Ready
Delivery
None
Rental guarantee
Golden Visa
Class
pending confirmation
Energy class
Kaminia Terrace Residences
Highlights

Why this property?

  • Short distance to Piraeus centre and the port
  • Rapid connection to central Athens via M1 and M3 lines
  • Markets, restaurants and cultural centres in the immediate vicinity
  • Balconies in all apartments, 19-23 m² spacious balcony on the ground floor
  • Delivery in 2 quarter of 2026, new interiors
Images

Building and apartments

Some of the images are computer-generated representative visuals.

Project facts

Project facts

A wide range of types on the Kaminia slope of Piraeus, ranging from 27 m² to 97 m²: options in the same building from single-occupancy investments to family apartments.

Entry possible at the €250,000 threshold. Project completed, ready for delivery.

Availability
13 apartment available · 1 reserved · 4 sold · total 18 residences
Distribution of available units: 10 units of 1-bed · 2 units of 2-bed · 1 units of Studio
Price
€250,000 – €420,000
Area
27 – 97 m² net
Delivery
Ready for delivery
Rental guarantee
None
Building
Conversion (change of use)
Amenities
Wide variety of types
Service fee
0%
Golden Visa
Eligible

Listing page  ·  Area report  ·  Investment feasibility

Location

Kaminia · Piraeus

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

Schools
International School of Piraeus 350 m · Lampiri Schools (private) 3.2 km · public primary school 50 m
Shopping
Village Shopping and More Rentis Mall 4.0 km · market 100 m
Transport
Metro Dimotiko Theatro 300 m · Tram Plateia Deligianni 100 m
Beach
Beach 800 m
Airport
Athens Airport ~40 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 · Kaminia Terrace Residences · A0168

Prices and available apartments

Floor plans — general layout

Kaminia Terrace Residences — ground floor layout
Kaminia Terrace Residences — ground floor layout
Typical upper floor layout (A · B · C block)
Typical upper floor layout (A · B · C block)
D floor layout
D floor layout
Mezzanine layout
Mezzanine layout
Status: 13 available · 1 reserved · 4 sold — last confirmed 19 September 2026. Reserved and sold units remain on the list; they are dimmed and labelled.
ApartmentFloorTypeNet m²Outdoor areaGross m²Price€ / m² net€ / m² grossBathroomsPlan
I4 Balcony 19 m²Ground1-bed44.00Balcony 19 m²—€270,000€6,136—1
I1 (duplex) Our pick Balcony 23 m²Ground2-bed74.00Balcony 23 m²—€330,000€4,459——
I2 (studio) Our pick Balcony 23 m²GroundStudio27.00Balcony 23 m²—€250,000€9,259——
I3 (duplex) Our pick Balcony 23 m²Ground2-bed97.00Balcony 23 m²—€420,000€4,330——
I5 (duplex) Reserved Balcony 19 m²Ground1-bed69.00Balcony 19 m²—€320,000€4,638——
A1 Sold Balcony 7 m²21-bed47.00Balcony 7 m²—Sold——1—
A2 Sold Balcony 5.5 m²21-bed54.00Balcony 5.5 m²—Sold——1—
A3 Balcony 4 m²21-bed49.00Balcony 4 m²—€265,000€5,408—1
A4 Sold Balcony 5 m²21-bed47.00Balcony 5 m²—Sold——1—
B1 Balcony 7 m²31-bed47.00Balcony 7 m²—€265,000€5,638—1
B2 Balcony 5.5 m²31-bed54.00Balcony 5.5 m²—€285,000€5,278—1—
B3 Balcony 4 m²31-bed49.00Balcony 4 m²—€275,000€5,612—1—
B4 Balcony 5 m²31-bed47.00Balcony 5 m²—€270,000€5,745—1
C1 Balcony 7 m²41-bed47.00Balcony 7 m²—€265,000€5,638—1
C2 Balcony 5.5 m²41-bed54.00Balcony 5.5 m²—€285,000€5,278—1—
C3 Balcony 4 m²41-bed49.00Balcony 4 m²—€275,000€5,612—1—
C4 Balcony 5 m²41-bed47.00Balcony 5 m²—€270,000€5,745—1
rooftop studio Sold Balcony 65 m²51-bed30.00Balcony 65 m²—Sold————
Gross area = net interior area + balcony. € / m² net = price ÷ net area; € / m² gross = price ÷ gross area.
Area report · Kaminia+
Kaminia · Gennimata Square
Photo: Abocanto · CC0 · Wikimedia Commons

Avla Real Estate Area Report · Kaminia · Piraeus · October 2026. This is a district-level assessment; it does not include a review of a specific apartment.

Location

Kaminia is an established residential neighbourhood in the 4th district of the Piraeus municipality, located between the port centre and Neo Faliro and Nikaia. It is 7.1 km from Syntagma as the crow flies and ~1.5 km from the port of Piraeus. It is not a tourist coastal district; it features a medium-density apartment fabric that is active year-round, with its own square, schools, and local shops. No separate population data is published at the neighbourhood level; the entire Piraeus municipality has 168,151 residents (2021).

Demand is driven by major employers in the immediate vicinity: Metropolitan Hospital in Neo Faliro (~1.4 km), Nikaia General Hospital (~2.1 km), the University of Piraeus (~1.4 km), and the port. The Karaiskakis Stadium and the Peace and Friendship Stadium (SEF) are ~1.5 km away. What distinguishes Kaminia from the rest of Piraeus is the price level: according to Indomio data, the lowest sales and rental band in Piraeus is in the Kaminia – Palaia Kokkinia area.

There are multiple private residential projects delivered or under construction in the neighbourhood between 2023 – 2027; this adds new-build supply to a fabric otherwise dominated by older stock. The AENAON metropolitan park in Faliro Bay (reported budget €~370 million; construction January 2027 – September 2029) is ~1.5 km from the southern border of the neighbourhood.

Schools

Schools that teach in English or offer English-language programmes and their distance from the district centre as the crow flies:

  • International School of Piraeus (ISP) — IB Primary Years Programme (PYP) · English and Greek · 2.5 – 12 years old · Piraeus · ≈1,140 m
  • Lampiri Schools — Greek curriculum + IB Diploma (since 2017) · Kindergarten to high school · Moschato · ≈2,450 m
  • International Metropolitan School (IMS) — IB PYP, MYP and Diploma · English and Greek · Kindergarten to high school · Alimos · ≈7,490 m
  • Verita International School — British curriculum, IGCSE · English · 2 – 18 years old · Glyfada · ≈11.4 km
  • ACS Athens — American curriculum + IB Diploma and AP · English · Kindergarten to high school · Chalandri · ≈15.5 km
  • St. Lawrence College — British curriculum, IGCSE and A-Level · English · 3 – 18 years old · Koropi · ≈18.0 km

Distance is a straight-line measurement from the district centre to the school campus (OpenStreetMap); as the campus location is taken at street level, it may deviate by ±300 m, and road distance is longer. There are no international curriculum schools in Kaminia itself; there are state kindergartens, primary schools, middle schools, and high schools within ~800 m of the district centre. English-language high school options are in the southern suburbs and the north. Enrollment conditions, open classes, and quotas are confirmed directly with the school.

Transport

There is no metro station in Kaminia; rail access relies on walking to surrounding stations or short bus connections. The Lambraki and Androutsou stops of the Piraeus tram loop are ~650 m away, the Faliro station of Metro Line 1 is ~1.1 km away, and the Piraeus station (M1, M3, Proastiakos) is ~1.4 km away. The Rentis suburban train station is ~1.3 km away. The 040 bus, which runs between Piraeus and Syntagma, passes near the neighbourhood.

Distances
Tram (Lambraki · Androutsou)
~650 m
Metro Line 1 (Faliro)
~1.1 km
Piraeus station (M1, M3, Proastiakos) and port
~1.4 km · ~6 minutes by car without traffic
Athens centre (Syntagma)
6 stops from Faliro to Monastiraki via M1 + M3 transfer · 10.5 km by car, ~14 minutes without traffic
Athens Airport
Approximately 60 minutes non-stop from Piraeus via Metro Line 3 · 47 km by car, ~42 minutes without traffic

Distances are as the crow flies. Car travel times are measured via the OpenStreetMap road network without traffic; they increase significantly during peak hours. The airport metro time is the value published by Athens Airport.

Tenant profile

The tenants in Kaminia are not tourists, but the resident population working in Piraeus. Rental listings remain significantly below the Piraeus average: the neighbourhood is the address for those looking for affordable housing in the port city. Demand is tied to the hospital and port calendar, not the season.

  • Healthcare professionals — Metropolitan and Nikaia hospitals; regular payment, medium–long term.
  • Port and logistics workers — Piraeus port and the Rentis logistics axis.
  • Students and young professionals — University of Piraeus; 1-bed and studio.
  • Families — neighbourhood schools and square fabric; large apartment, long term.
Market indicators
Kaminia average listing price
€2,287/m² (+4.52% annual) · September 2026 · Indomio
Kaminia average rental listing
€8.55/m²/month (−9.04% annual) · September 2026 · Indomio
Piraeus overall (sales · rental)
€2,709/m² · €10.96/m²/month · September 2026 · Indomio
Athens apartment prices
+5.0% annual · 2 quarter 2026 · Bank of Greece

Figures represent listing (asking) prices; actual transaction prices are generally slightly lower. Kaminia listing prices have increased by 30.8% over three years (Indomio) but remain approximately 16% below the Piraeus average. We do not provide unverified rental or yield figures for a specific apartment; the rental agreement and the text of any 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.
  • Rental market weak: Kaminia rental listings have declined by 9% over the last year; the gap between sales price and rent is widening, so the gross yield should be calculated cautiously.
  • Distance to metro: the nearest metro station is ~1.1 km away; tram and bus connections are decisive for tenants.
  • Stadium effect: traffic and crowds on match and event days at Karaiskakis and SEF; the impact is concentrated on streets near the stadium.
  • Supply: new projects delivered simultaneously may create rental competition in the short term; the price difference between new-builds and older stock is questioned upon exit.
  • Tax calendar: it has been announced that for non-EU/EEA individuals, the property transfer tax will increase from 3% to 15% as of 1 July 2027; scope and exemptions are confirmed prior to purchase.

Avla’s district view: Neutral – positive · entry price. Kaminia benefits from Piraeus’ port and hospital demand while remaining in the city’s lowest price band. While sales prices are rising, rents are declining; the decision should be made keeping the rental assumption cautious.

Sources: Indomio · Bank of Greece · ELSTAT 2021 census · Athens Airport · Attica Region · OpenStreetMap measurements · official school websites and IB records.

Our pick

Apartments we recommend for you

13 of 18 apartments are available. From these, we highlight three apartments in terms of price, m² efficiency, and outdoor area.

Best entry point
Apartment I2 (studio)
Ground floor · Studio
€250,000
€9,259 / m² net
Net27.00 m²
Outdoor areaBalcony 23 m²
Gross—

Lowest price among available apartments.

Best net m² price
Apartment I3 (duplex)
Ground floor · 2-bed
€420,000
€4,330 / m² net
Net97.00 m²
Outdoor areaBalcony 23 m²
Gross—

The lowest price in the project per net m² is (€4,330).

Spacious outdoor area
Apartment I1 (duplex)
Ground floor · 2-bed
€330,000
€4,459 / m² net
Net74.00 m²
Outdoor areaBalcony 23 m²
Gross—

Largest outdoor area among available apartments (23 m²).

↑ 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

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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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