Palaio Faliro: property, prices and rents
The seaside district closest to the centre: metro, tram and a seafront in one place. A small number of projects and prices above the central average.
Catalog and source data as of November 2026
At a glance
- Projects in the catalog
- 4
- Free flats
- 5
- Average price per m² in the catalog
- 4,500 €/m²
- Golden Visa threshold
- €800,000 on purchase (from 120 m²) or €250,000 on a change of use
Palaio Faliro on the map
Dark markers are districts, gold dots are projects of our selection, grey squares are city landmarks. Press a marker to see the average price and open the guide. Project positions are approximate, with no exact addresses.
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- District
- Project of the selection
- Landmark
Character of the district
Palaio Faliro is where the tram reaches the coast and splits: one branch goes to the Peace and Friendship Stadium near Piraeus, the other along the sea to Alimos, Elliniko, Glyfada and Voula. Metro Line 1 has a Faliro station. The district is calmer than the centre but still inside the city.
Transport
Metro: the Faliro station on Line 1. Tram: both branches from Syntagma pass through Palaio Faliro.
Who it suits
- Easy links to the centre and the sea
- Buyers for whom Glyfada is too far
- A second home in the seaside part of the city
Prices and rents
We show our own figures (catalog projects) and other sources' figures with their dates, apart. Sources often disagree, so we do not average them.
| Measure | Value | Source |
|---|---|---|
| Average flat price in the catalog | €835,000 | Ways to Europe catalog: 5 free flats, 2 project(s), November 2026 |
| Average price per m² in the catalog | 4,500 €/m² | |
| Average flat size in the catalog | 185 m² | |
| Delivery dates in the catalog | Jun 2027 | |
| Ready to move in | 20% of flats | |
| New builds (ordinary homes), asking price per m² | 4,422 €/m² | NouPou (table of new-build asking prices), 2026 |
Why catalog prices are higher than asking prices. The catalog is new projects, and many flats are small: the price is shaped by the Golden Visa threshold, and small flats cost more per m² than ordinary ones. This is not a valuation of the district. Compare the total cost, size and terms, not one price per m².
The Golden Visa in this district
The district is in Attica, so two levels apply: €800,000 for a flat of at least 120 m² of main areas, and €250,000 for converted non-residential premises or the restoration of a listed building (no minimum size). Short-term letting of such a flat is prohibited.
Find the threshold for your caseCalculate the cost
Projects of our selection in this district
There are no projects of this district in the public selection. We show the catalog's free flats at a consultation.
What to check when buying here
- Sample size: the catalog has only 4 projects and 5 free flats here, so the district figures are indicative.
- Threshold: flats at €800,000 must be at least 120 m²; small ones only through change of use.
- Compare with Alimos: prices and the character of the district are similar, and the metro there is on a different line.
Where the data comes from
Prices, delivery dates and the number of flats come from the Ways to Europe project catalog (district averages only: no developer names and no prices of single projects or flats). We show average prices only when at least two projects and five free flats stand behind it. Asking prices and rents come from public sources with their date and are indicative; they are not a valuation of your property or investment advice.
Checked: November 2026
Other districts
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Frequently asked questions
Questions about the district
How much does a flat cost in Palaio Faliro?
In the catalog as of November 2026 the average price of a free flat is about €835,000, the average size is 185 m² and the average price is €4,500/m². These are new catalog projects, not the district's market average: small flats priced to the Golden Visa threshold cost more per m² than ordinary ones.
Does Palaio Faliro suit the Golden Visa?
Yes, the district is in Attica: a flat of at least 120 m² of main areas needs €800,000, a converted non-residential property or a restoration needs €250,000. The threshold finder shows which applies to you.
What are rents in Palaio Faliro?
We found no reliable rent data for this district itself. For Athens as a whole see Athens rents by district.
How do I get from Palaio Faliro to the centre?
Metro: the Faliro station on Line 1. Tram: both branches from Syntagma pass through Palaio Faliro.
Can I let a Golden Visa flat on Airbnb?
No. Short-term letting of a Golden Visa property is prohibited, with a fine of up to €50,000; long-term letting is allowed. More: short-term rental rules.