New Residential Development in Kallithea: Contemporary Living & Golden Visa Investment in Athens
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Nasos Fousias
Head of Property Department in Greece
- Last edited: August 7, 2026
- Published: August 7, 2026

Nasos Fousias
Head of Property Department in Greece

A new residential development in Kallithea, one of Athens’ most sought-after neighbourhoods, has been added to our exclusive portfolio of Greek properties. Located next to the large Aenaon Park, between the city’s historic centre and the Athens Riviera, the project offers a limited collection of fully furnished residences suitable for living, investment and obtaining the Greek Golden Visa.
The development comprises just 13 one-bedroom apartments and 3 one-bedroom maisonettes, ranging in size from 47 to 73 sq. m. Prices start from €260,000, meeting the minimum investment threshold for the Greek Golden Visa program. The properties also offer a guaranteed rental yield of 3% per annum for three years.
Completion is scheduled for Q2 2028.
Kallithea is regarded as one of Athens’ most desirable districts thanks to its strategic location between the historic city centre and the Athenian Riviera. Residents can easily reach business districts, major cultural landmarks, universities, the coastline, and the Port of Piraeus. The area benefits from well-developed infrastructure, including schools, medical centres, supermarkets, cafés, restaurants, sports facilities, and parks, while excellent transport links make it equally attractive for permanent residents and tenants.
The combination of a central location, proximity to the coast, and a well-established urban environment ensures consistently strong demand from students, young professionals, families, and expatriates. This supports a stable long-term rental market and makes Kallithea an attractive destination for property investors.
One of the key drivers of the area’s transformation is the new Aenaon Park, a large-scale redevelopment project for the Faliro Bay waterfront, supported by the European Union and the Greek government. Once completed, it will become one of the largest urban parks in the Mediterranean, featuring more than 4,000 trees, approximately 185,000 shrubs, pedestrian and cycling paths, sports facilities, public spaces, children’s playgrounds and cultural venues.
The district’s long-term growth potential is further strengthened by its proximity to The Ellinikon, Greece’s largest urban regeneration project. New residential neighbourhoods, business hubs, parks, retail, and leisure facilities are transforming the southern part of Athens, driving continued development in surrounding areas, including Kallithea, and enhancing their investment appeal.

The development features contemporary architecture and is designed for buyers who value quality construction and practical layouts. The residences offer spacious balconies of up to 28 sq. m, along with private terraces of up to 22 sq. m, floor-to-ceiling windows, European kitchens, Grohe sanitary ware, heat pumps, and Energy Class A efficiency. Select upper-floor residences also enjoy partial sea views.
The limited number of residences, sought-after location, and eligibility for the Greece Golden Visa make the development an attractive option both for owner-occupiers and long-term investors.
Astons is an exclusive sales partner for this development. Project code: GC718. Contact our experts to learn more about available residences, current prices, and purchase conditions. We will help you find the right property and guide you through every stage of the process, from selecting a unit to obtaining the Greece Golden Visa for your entire family.
Author

Nasos Fousias
Head of Property Department in Greece
Nasos Fousias brings over 15 years of senior leadership experience in Greek residential real estate development.
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