Athens Riviera · Areas

Homes for sale and rent in Palaio Faliro

Seafront living close to the city

For sale
12
To rent
0
Median asking (sale)
390.000 €
Median €/m²
4.327 €/m²n=9
Updated
27 October 2026

The area

Living in Palaio Faliro

Palaio Faliro is the first stretch of the Riviera, less than 10 km from central Athens. It is a dense, established suburb with a long seafront promenade. The promenade runs past Flisvos Marina and on towards the Stavros Niarchos Foundation Cultural Center.

Most homes are apartments in mid-rise blocks, much of the stock several decades old, with newer buildings replacing older ones plot by plot. Upper floors near the sea get the views. Inland, towards Nea Smyrni, the streets are quieter. Detached houses are rare.

Daily life works without a car. The tram runs along the coast, and supermarkets and schools are within walking distance. The centre of Athens is a short drive or bus ride away. Edem beach sits at the southern end of the seafront, next to Alimos. The trade-off is density: parking is tight, and on summer weekends the promenade is busy.

Known for

  • Flisvos Marina and the seafront promenade
  • Walking distance to the SNFCC
  • Tram along the coast
  • Museum ship Averof at Flisvos
  • Edem beach

Who buys here

Mostly people who work in central Athens and want the sea within walking distance. Typically apartment buyers, often first-time owners and downsizers.

FAQ

Questions about Palaio Faliro

What does a home in Palaio Faliro cost?

The median asking price for homes for sale in Palaio Faliro is 390.000 €, or 4.327 € per square metre. The figure comes from the listings we hold today, so it moves as stock changes. Size, view and distance from the sea explain most of the spread around it.

How many properties are available in Palaio Faliro right now?

As of 27 October 2026, we list 12 properties for sale and 0 to rent in Palaio Faliro. The count updates as homes are added, sold or let.

Is Palaio Faliro good for renting, and what do rentals cost?

Yes, rental demand is steady because the area is close to the city and on the tram line.

Who is Palaio Faliro right for?

Palaio Faliro suits people who want a city routine with the sea at the end of the street. It works well without a car. It suits apartment buyers more than anyone looking for a garden or a detached house.

What is nearby, and how do you get around Palaio Faliro?

Flisvos Marina, the seafront promenade and the Stavros Niarchos Foundation Cultural Center are all close. The tram runs along the coast, and central Athens is a short drive or bus ride away. Alimos and its marina are directly to the south.