Real Estate Athens Greece
EN | RU | EL
Athens · Greece · 2026

Smart flipping in the heart of Athens

We find, renovate and sell Athens real estate with above-market returns. We do it for ourselves. We do the exact same for you.

For Investors

Golden Visa & Capital Returns

Remote co-investment model — you fund the deal, we execute, you receive profit.

From €250,000
For Home Buyers

Move-In Ready Athens Homes

Fully renovated, legally clean apartments across central Athens with guaranteed title clarity.

From €130,000
2+
Deals Closed
€25K+
Profit/Deal
4–6
Month Cycle
Full Ecosystem

One team — everything you need

FlipPlace connects every stage of Athens real estate investment — from property sourcing and due diligence to renovation, property flipping and ongoing management.

01
🏠
Property Flipping

We buy. We renovate. We sell.

Residential and commercial. Same process we use for our own portfolio — full transparency, verified results.

ROI up to 40%
02
🔧
Renovation Turnkey

From demolition to handover.

Our own crews, interior designer, architect and engineer. Same teams we use for our own flips. Referral pricing on all materials.

from €25,000
03
📱
FlipPlace App

AI analytics in your pocket.

Market data, deal calculator, pipeline management, co-investment dashboard. Built for flippers, developers and investors in Greece. Three tracks, three subscription plans.

from €149/mo
04
🪪
Digital Property Passport

Full history. Zero surprises.

Legal status, technical data, energy certificate, renovation history, financial transactions — all in one QR-linked document. Included with every FlipPlace sale.

included in every sale
05
🏢
Keyra — Property Management

Your property earns while you sleep.

Short-term (Airbnb/Booking) and long-term rental, maintenance 24/7, concierge, owner reports. FlipPlace clients get priority onboarding.

6–10% annual yield
06
🤝
Supplier Network

Contractor rates. Not retail.

Kitchens, flooring, doors & windows, designers, home stagers, notaries, photographers, energy auditors — all vetted, all at referral pricing. We get a fee; you pay less.

referral pricing
6
Ecosystem capabilities
3
Investment directions
3
Languages
EN · RU · EL
Athens
Greece
Since 2024
Core Services

Three services — built around your property goal

FlipPlace offers three core real estate services in Athens: property flipping, turnkey renovation, and end-to-end support for Golden Visa property purchases.

01

Property Flipping

Sourcing undervalued apartments and commercial spaces, renovating to market standard, selling at premium. Two tracks: small apartments €130K–€220K and Golden Visa objects €250K–€300K.

€25K–€70K profit/object
02

Renovation & Fit-Out

Full-scope renovation for your property: design, kitchen, flooring, doors, windows, home staging. Our vetted partner network delivers referral pricing — you save versus going direct.

Turnkey from €25,000
03

Golden Visa Advisory

Full support for non-EU investors seeking Greek residency. Property selection, legal process, notary coordination, full compliance with Law 4251/2014 as amended.

From €250,000
Investment Directions

Choose your strategy — we execute

Direction 01

Residential Flipping

We buy apartments in central Athens districts, renovate to market standard, sell at premium. Same process we use for our own portfolio.

11–19%
Indicative ROI*
4–6
Months cycle
€160–200K
Entry capital
€20–35K
Gross profit
Best districts
Kypseli6.2–7.0% yield
Metaxourgeio5.8–6.5% yield
Zografou5.5–6.2% yield
Patissia5.5–7.0% yield
Direction 02

Commercial Flipping

We buy commercial objects (offices, retail, mixed), renovate, place a tenant and sell as a ready rental business with a full investment memorandum: NOI, Cap Rate, IRR.

Office prices Athens +7.2% in 2025. Market cap rate: 4.5–9%. Source: Bank of Greece.
26–37%
Indicative ROI*
7–10
Months cycle
€155–225K
Entry capital
€50–70K
Gross profit
Rental rates Athens
Office class B€8–15/м²/мес
Street retail€10–18/м²/мес
Warehouse€4–7/м²/мес
Cap Rate4.5–9%
Direction 03

Golden Visa Converter

We buy commercial objects, convert to residential, sell to foreign investors for Golden Visa at €250,000 — instead of the standard €800,000 for Athens. Saving: €550,000.

Law 5100/2024 (effective Sep 2024). Applies across all Greece incl. Athens. Min. 120m². Source: Varnavas Law, AVG Law.
30–40%
Indicative ROI*
10–14
Months cycle
€162–228K
Entry capital
€60–80K
Gross profit
GV thresholds 2026
Commercial→Residential€250K
Other regions Greece€400K
Athens/Mykonos/Snt.€800K
Saving vs Athens std.€550K

* Indicative figures based on completed FlipPlace transactions and Athens market data May 2026. Sources: Spitogatos Property Index, Bank of Greece, Investropa, Esperidis Athens Renovation, Varnavas Law, AVG Law. Past results do not guarantee future returns. Not investment advice.

Partner Network

Our suppliers. Your savings.

FlipPlace has built long-term relationships with certified suppliers across every renovation category. When you work with us, you access these relationships directly — at our contractor rates, not retail prices. We receive a referral fee from suppliers; you pay less than if you went direct.

🍳
Kitchen Manufacturers
Custom design, manufacture and installation by certified Greek producers.
Referral pricing
🪵
Flooring Specialists
Hardwood, parquet, tile and stone — supply and installation.
Referral pricing
🚪
Doors & Windows
Energy-certified windows and doors. Aluminium, PVC, wooden frames.
Referral pricing
🎨
Interior Designers
Certified Greek designers specialising in residential renovation and premium fit-out.
Partner rate
🏡
Home Stagers
Professional staging for sale — furniture, lighting, décor. Increases sale price 8–15%.
Included in full package
⚖️
Legal & Notarial
Notaries, property lawyers and tax advisors for title checks, conveyancing, Golden Visa.
Fixed fee / transaction
📸
Photography & 3D Tours
Professional real estate photography, 3D virtual tours and video walkthroughs for all listed properties.
Included in listing
🔋
Energy Certification ΕΠΕ
Mandatory energy certificates before every sale. EU Directive 2010/31, Law 4122/2013.
Required by law

All suppliers are independently vetted. Orders placed through FlipPlace use referral links — we receive a commission at no additional cost to you. Prices quoted are always the referral rate, not retail.

Co-Investment

Invest remotely. Earn locally.

You don't need to fly to Athens, meet contractors, or manage renovations. You fund a deal — we execute — you collect profit. This is passive real estate investment in the Athens market, structured as a joint venture.

1

You select a deal

We present the full financial model: buy price, renovation budget, projected sale, net return.

2

Joint venture agreement

Legally binding agreement under Greek law. Your capital is secured by the property asset. Split: 50/50 or negotiated.

3

We execute, you track

Regular photo/video updates, financial reporting. Zero operational involvement required from you.

4

Sale + profit distribution

Property sold, funds repatriated to your account. Full cycle 4–6 months.

⚠️ Not investment advice. Results shown are illustrative only, based on completed transactions. All investments carry risk. Capital is not guaranteed. Independent legal and financial advice required before committing. Independent legal and tax advice recommended.

50/50
Standard profit split
4–6
Month average cycle
up to 15%
Target ROI on capital
0
Hours required from you
Flip Report

Real deals. Real numbers.

We publish every closed deal with full financials. No marketing fluff — just the actual numbers from actual transactions. Nobody else in Athens does this.

BEFORE
AFTER
✓ CLOSED
Zografou · 58 m²

2-room apartment renovation

€138K
Bought
€34K
Renovation
€198K
Sold
Gross profit +€26,000
BEFORE
AFTER
✓ CLOSED
Central Athens · 71 m²

Studio to premium 2BR conversion

€145K
Bought
€38K
Renovation
€209K
Sold
Gross profit +€26,000
🔒
In progress
⟳ ACTIVE
Metaxourgeio · ~85 m²

Commercial to residential

€190K
Bought
€40K
Budget
€290K+
Target
Target profit ~€60K
Buyer Waitlist

Tell us what you want. We'll find it.

Join our private buyer waitlist. Specify your criteria — district, size, budget, type. When we source a matching object, you get first access — before it hits any public listing.

Pre-market access — before Spitogatos / XE.gr
Full financial model shared with every offer
No obligation — you decide when we present
Free service — zero cost to join

Join the Waitlist

We'll match you when the right property appears.

AI Property Assessor

Instant flip potential analysis

Enter any Athens property details — district, size, condition, price — and our screening model gives you an instant estimate: renovation reserve, projected sale price, expected ROI and a deal recommendation.

Property Flip Assessor
Analysing Athens market data...
Assessment Complete
Est. renovation cost
Projected sale price
Est. gross profit
ROI
Digital Property Passport

Every FlipPlace object has a digital passport

Like a CarFax for a car — but for real estate. Full history from the first brick to the final sale. Every buyer gets complete transparency before signing anything.

This is what separates FlipPlace from every other seller in Athens. No one else does this. Not one agency, not one developer.

Request a Passport
Property Passport QR · PDF · Online
Block A — Identification
Address · Cadastral number (KAEK) · Area · Year built · GPS coordinates
Block B — Legal Status
Ownership chain · Mortgages & liens · Urban planning status · Tax compliance (AADE)
Block C — Technical
Architectural plans · Building permits · MEP systems · Renovation history
Block D — Energy Certificate ΕΠΕ
Mandatory by law · Energy class · Consumption kWh/m²/year (EU Directive 2010/31)
Block E — Photo Documentation
Before renovation · During works · After completion · Professional photos
Block F — Financial History (FlipPlace objects)
Purchase price · Renovation cost · Sale price · Gross profit · Notarially verified
Every FlipPlace object is sold with a full digital passport. External clients can order a passport for their own property. Price: from €799.
Construction Division

Zasteklom Development

Full-cycle construction in Greece. Villas, cottages, residential complexes, commercial buildings — built to specification from concept to handover. We act as general contractor with an in-house certified civil engineer (μηχανικός) and licensed architect.

Discuss Your Build
📐

Architecture & Permitting

Licensed architect. Full building permit (Οικοδομική Άδεια) documentation under the Greek Building Code (ΓΟΚ).

🏗️

General Contracting

Single point of responsibility: site management, subcontractors, quality, schedule.

🔧

MEP & Technical Systems

Electrical, plumbing, HVAC, smart home. All documentation is signed by a certified engineer (μηχανικός, ΤΕΕ).

🌿

Exterior & Landscape

Pool, garden, terrace, boundary walls, outdoor kitchens — full exterior alongside the main build.

📋

Handover Package

As-built documentation, energy certificate (ΕΠΕ), final inspections and new-build registration with the Greek Cadastre (Κτηματολόγιο).

Property Management

Keyra — Property Management & Rental

Full property management across Athens. Short-term rentals, long-term leases, maintenance, concierge. FlipPlace clients get priority onboarding — seamless from purchase to income.

Short-Term Rental

Full Airbnb & Booking.com management — listings, pricing, guest comms, check-in/out.

Long-Term Leasing

Tenant sourcing, contracts, rent collection, ongoing oversight.

Maintenance 24/7

Same contractor network as FlipPlace. Urgent and scheduled repairs.

Concierge & Reporting

Utility management, welcome packages, owner reports, airport transfers.

6–10%
Annual rental yield
Airbnb
Booking.com · Direct · Long-term
Priority
For FlipPlace clients
🔵
The Circle Club · Community

Join The Circle Club

A private Telegram community for Russian-speaking entrepreneurs and investors across Greece and beyond. Real estate deals, business opportunities, market insights — curated for serious people.

🏠

Pre-market deals

FlipPlace objects before they hit public listings. First right of refusal for community members.

📊

Market intelligence

Weekly Athens real estate updates, regulatory changes, investment opportunities — in Russian.

🤝

Entrepreneur network

Connect with Russian-speaking business owners, investors and professionals based in Greece.

Join The Circle Club

Free to join. Telegram required. Curated community — subject to approval.

FlipPlace App

Your AI assistant for real estate investing

The first professional tool built specifically for flippers, developers and investors in the Greek market. Analytics, deal calculator, pipeline management, co-investment dashboard — all in one app.

📊
Market Analytics
Real-time prices by district · Yield maps · 90+ day listings · Weekly PDF reports
🧮
Deal Calculator
ROI · NOI · Cap Rate · IRR · FMT 3% · ENFIA · MAO calculator · 3 scenarios · PDF export
🤖
AI Assistant
Due diligence · Risk detection · Receipt analyzer · Photo analysis · Market digest · Pitch deck generator
📋
Pipeline & Co-Invest
Deal kanban · Expense tracker · Team access · Investor dashboard · Document signing · Auto reports

Three tracks — three sets of subscriptions

Choose your direction. Each track has its own Starter / Pro / Business plan.

Residential · Starter
€149
per month
Residential prices by district (weekly)
Flip calculator — 20 renovation categories
MAO calculator · FMT 3% · ENFIA
1 active deal in Pipeline
Property Passport — view only
FlipPlace services — standard price
Get Started
Popular
Residential · Pro
€299
per month
Everything in Starter
Daily price updates · Yield heatmap · Flip Score 0–100
40+ renovation categories · 3 scenarios · PDF export
5 active deals · Expense tracker plan/fact · Photo log
AI: object assessment + risk detection + photo analysis
Property Passport — create at −20%
FlipPlace services −10% + priority booking
Get Pro
Residential · Business
€499
per month
Everything in Pro
Unlimited deals · Team 5 users · Deal chat
Forecast 6 months · Competitor analysis · Weekly report
AI: receipt analyzer + due diligence + daily digest + pitch deck
Co-Investment investor dashboard + document signing
1 Property Passport included monthly + extras −25%
FlipPlace services −20% + absolute priority + personal manager
Get Business

App is currently in development. Subscriptions will be available upon launch. Join the waitlist to get early access and founding member pricing. All prices exclude VAT.

How It Works

From search to profit

I

Source

Off-market, 12+ agency network, notaries

II

Due Diligence

Land registry, title, urban planning

III

Purchase

Notarial deed, FMT 3%, cadastral reg.

IV

Renovate

Partner network, ΕΠΕ cert, staging

V

Market

Spitogatos, XE.gr, waitlist buyers

VI

Close

Sale deed, profit, Flip Report published

Get In Touch

Ready to discuss your deal?

We respond within 24 hours and will walk you through current Athens market opportunities.

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