According to Engel & Völkers Greece, the iconic One Athens penthouse in the very center of Athens has been sold for 5.6 million euros.
Penthouse in Kolonaki overlooking the Acropolis and the Saronic Gulf is one of the most luxurious residential complexes in the center of Athens with a rich history dating back to the 1950s. The penthouse with 4 bedrooms and 6 bathrooms covers an area of 530 sq. m. m.
Guests also benefit from a 190 m2 private terrace. m overlooking the Acropolis.
Market participants note that in recent years the Greek luxury housing market has undergone significant changes, primarily in prices. In the case of high-spec properties, according to converging research estimates, both Greek and foreign investors and citizens are paying attention to them, significantly increasing prices in the sector as housing stock dries up and demand is significantly lower than supply.
The characteristics of real estate in this category are characterized by both location and area, year of construction and technical characteristics (energy modernization using all modern technologies and functions).
At the same time, demand for luxury housing, especially from foreign investors, has increased sharply, creating a significant difference in sales prices compared to ordinary summer housing.
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