Varkiza, Vari 166 72, Greece, Vari, Attica, Greece. - Hero Image
Varkiza
Vari | Attica

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Evita Eleftheroudaki
Evita Eleftheroudaki
Presented At
€2,000,000
Bedrooms
9
Bathrooms
8
Living
5,103
SQM
Stories 7
Fireplace
Open Kitchen
Air Conditioning
Elevator
Walk In Closet
Basement
Garage
Terrace
Pergola
Parking
Garden
Sea View
Seafront
Mountain View
Privacy
Panoramic / Scenic View
New Builds
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Varkiza, Vari 166 72, Greece, Vari, Attica, Greece. , Vari , Attica

Semi-Finished 474 sqm Residential Complex with Sea & Mountain Views - Varkiza

In the serene coastal suburb of Varkiza, just a short stroll from the golden sands and turquoise waters, this semi-finished residential complex of 474 sqm presents a rare opportunity for discerning buyers seeking either a bespoke residence or a premium investment project on the Athenian Riviera.
Built in 2023 on a 474 sqm plot, the development spans seven levels — from basement to fifth floor — and offers a modern architectural design that blends functionality with timeless elegance.
The building comprises three independent floor apartments and a two-level penthouse (4th–5th floor), all with unobstructed views of the sea and the surrounding mountains. Each level is designed to capture the abundant Mediterranean light through large openings, while the east–southeast orientation ensures sunshine from morning to evening.
The interiors have been thoughtfully planned to accommodate contemporary living: open-plan living rooms with space for dining and lounging, modern kitchens that can be customized to personal style, and expansive verandas ideal for alfresco relaxation and entertaining.
The penthouse duplex crowns the property with breathtaking panoramas over the Saronic Gulf — a perfect canvas for a luxury top-floor residence or high-end rental suite.
The exterior layout includes five parking spaces (three in the basement and two at the pilotis level), as well as a shared swimming pool, offering a refreshing retreat surrounded by landscaped terraces.
Currently under construction, the complex provides a unique advantage: completion by the seller upon request, allowing the future owner to customize finishes, layout details, and materials according to their personal vision — whether for luxury apartments, short-term rental units, or a private residence with multiple guest suites.
The location is another highlight. Situated in a quiet neighborhood of Varkiza, the property is within walking distance of the beach, park, schools, local market, public transport, and the lively promenade filled with cafés and restaurants. It also offers quick access to Vouliagmeni, Glyfada, and the Athens city center, combining seaside tranquility with urban convenience.
This property represents a rare development opportunity in one of the most desirable and fast-evolving areas of the Athens Riviera — ideal for investors, developers, or private buyers who envision a residence of high aesthetics and lasting value.

Exterior

Property

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Map showing Varkiza, Vari 166 72, Greece, Vari, Attica, Greece.

Property Location

Varkiza, Vari 166 72, Greece, Vari, Attica, Greece., Vari Attica

Local Weather & Climate

Vari, Attica

Current Conditions Updated recently
60 °F
Overcast clouds
Feels Like 60°F
Humidity 76%
Wind 21 mph
Visibility 6.2 mi
Sunrise 5:25 AM
Sunset 3:51 PM
5-Day Forecast
Thu 5 Feb
Rain
High 60°
Low 57°
Fri 6 Feb
Clouds
High 62°
Low 54°
Sat 7 Feb
Clear
High 63°
Low 57°
Sun 8 Feb
Clouds
High 62°
Low 54°
Mon 9 Feb
Clouds
High 58°
Low 54°
Annual Climate Based on last 12 months
61° Avg Low
Jan
74° Avg High
Aug
116 Rainy Days
per year
Arid
Semi-Arid
Moderate
Wet
24.6" Annual Rainfall
Arid climate
Monthly Temperatures
Jan
58°
49°
Feb
60°
51°
Mar
61°
49°
Apr
69°
56°
May
74°
62°
Jun
87°
72°
Jul
91°
76°
Aug
94°
78°
Sep
85°
70°
Oct
73°
61°
Nov
69°
60°
Dec
61°
50°
Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Vari?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Vari. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $200,000,000 20% down ($40,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$17,186
$17,186/day
Your home may appreciate while you sleep
$120,632/week $522,739/mo $6,272,873/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$110.1M
vs
OWN 📈 +$156.1M
$156.1M Potential Equity
vs $110.1M lost to rent over 10 years
$40.0M Down Payment Growth
3.9x
10yr
$156.1M
8.1x
20yr
$323.2M
12.6x
30yr
$505.1M
Wealth Comparison
×1,203
Equivalent to 1,203 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $505.1M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $235.5M +18%
Market $272.4M +36%
Optimistic $314.3M +57%
$156.1M est. equity
20 Years
Conservative $277.4M +39%
Market $370.9M +85%
Optimistic $493.9M +147%
$323.2M est. equity
30 Years
Conservative $326.7M +63%
Market $505.1M +153%
Optimistic $776.2M +288%
$505.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Varkiza, Vari 166 72, Greece, Vari, Attica, Greece features 9 bedrooms with 5,103 square feet of living space.
This property offers 5,103 square feet of living space.
This property is listed at $200,000,000, which equals $39193 per square foot.
Based on current market indicators, Vari shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
Vari features a pleasant climate. Average temperatures range from 61°F in winter to 74°F in summer. The area receives approximately 24.6 inches of precipitation annually. There are about 116 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.
Vari tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.
This is a apartment located in Vari, Attica. The property is situated in an established neighborhood with convenient access to local amenities and services.
Evita Eleftheroudaki

Evita Eleftheroudaki

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