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BLUE BAY 4
Avla Real Estate · Exclusive Selection · Property code A0146

BLUE BAY 4

3-storey detached villas with private pools and gardens on the Athens Riviera. An exclusive living space limited to only six units.
A0146
Property code
5
Available units
€815,000 – €830,000
Price range
Pending confirmation
Delivery
None
Rental guarantee
Golden Visa · New build
Class
A
Energy class
BLUE BAY 4
Highlights

Why this property?

  • Located near the Saronic Gulf
  • Private pool, elevator and fully furnished design
  • 20-minute drive to The Ellinikon
  • Proximity to Saint Lawrence School
  • June 2027 delivery
Images

Building and apartments

Images are from the developer’s promotional materials; some may be computer-generated representative visuals.

Project facts

Project facts

Blue Bay 4 — Six detached 3-storey maisonettes on the Athens Riviera (Lagonisi); each with a private pool, internal elevator, private garden and 3 balconies. Fully furnished, Energy Class A. Starting from €€815,000, eligible for the Greece Golden Visa.

Delivery June 2027. Limited to only six units.

Availability
5 apartment available · 1 reserved · total 6 residences
Price
€815,000 – €830,000
Area
172 – 175 m² net
Delivery
June 2027
Rental guarantee
None
Building
New build
Year of construction
Initial permit 2025
Energy class
A
Parking
Included
Elevator
Elevator in every maisonette
Service fee
0%
Golden Visa
Eligible
Features
The Ellinikon < 20 min drive · Grand Resort Lagonissi nearby · Saronida Golf (18-hole) — planned · Saronic Gulf beachfront · Saint Lawrence School nearby · Athens center ~45 min · Athens Int. Airport ~35 min

Listing page

Location

Lagonisi · Riviera

Location is shown with a circle at the district level; the exact address is shared upon signing the Digital Viewing Protocol.

Schools
pending confirmation
Shopping
pending confirmation
Transport
pending confirmation
Beach
Beach 650 m
Airport
Athens Airport ~25 min (by car)

Distances are as the crow flies from the district centre (OpenStreetMap); airport travel time is by car in non-peak traffic. Information is confirmed in writing prior to an offer.

Price list · BLUE BAY 4 · A0146

Prices and available apartments

Status: 5 available · 1 reserved — last confirmed 18 September 2026. Reserved and sold apartments remain on the list; they are faded and labelled.
ApartmentFloorTypeNet m²Outdoor areaGross m²Price€ / m² net€ / m² grossBathroomsPlan
A1 Our pick Balcony 16 m² · Garden 91.5 m²0-2 (3-storey detached maisonette)4-bed172.00Balcony 16 m² · Garden 91.5 m²172.00€830,000€4,826€4,8263
A2 Balcony 12 m² · Garden 69.5 m²0-2 (3-storey detached maisonette)4-bed173.00Balcony 12 m² · Garden 69.5 m²173.00€830,000€4,798€4,7983
B1 Balcony 17 m² · Garden 67 m²0-2 (3-storey detached maisonette)4-bed175.00Balcony 17 m² · Garden 67 m²175.00€830,000€4,743€4,7433
B2 Our pick Balcony 17 m² · Garden 62 m²0-2 (3-storey detached maisonette)4-bed175.00Balcony 17 m² · Garden 62 m²175.00€815,000€4,657€4,6573
B3 Our pick Balcony 17 m² · Garden 62 m²0-2 (3-storey detached maisonette)4-bed175.00Balcony 17 m² · Garden 62 m²175.00€815,000€4,657€4,6573
B4 Reserved Balcony 17 m² · Garden 123 m²0-2 (3-storey detached maisonette)4-bed175.00Balcony 17 m² · Garden 123 m²—€820,000€4,686—3
Source: developer’s price list, 2026-09-13. Gross area = net internal area + balcony/garden; there is a ±3% tolerance in areas. Availability is confirmed in writing at the offer stage.
Floor plans — 3 plans+
Level 0 (ground) plan
Level 0 (ground) plan
Level 1 plan
Level 1 plan
Level 2 plan
Level 2 plan
Area report · Lagonisi+
Lagonisi coastline and the Saronic Gulf
Photo: C messier · CC BY-SA 4,0 · Wikimedia Commons

Avla Real Estate Area Report · Lagonisi · Saronic coast (East Attica) · October 2026. This is a district-level assessment; it does not include a review of a specific apartment.

Location

Lagonisi is a coastal settlement in East Attica on the shores of the Saronic Gulf, beginning where the Athens Riviera ends: approximately 25.7 km from Syntagma as the crow flies, and ~15 km from Glyfada. It is not a separate municipality; it belongs to the Kalyvia Thorikou local unit of the Saronikos municipality (unit population 15,486, 70.6 km², 2021 census). The census population of Lagonisi itself is pending confirmation. Its character differs from the dense apartment-lined Riviera: it is a low-density coastal strip consisting of villas, residential complexes, and low-rise housing.

For many years, the settlement had a summer-resort character; in the last decades, new kindergartens and primary schools have opened in the district due to a new resident population arriving from the southern suburbs. This indicates an increase in year-round living. Beaches (Pefko, Agios Nikolaos, Galazia Akti) and pine-covered hills are the district’s primary assets. Proximity to the airport (~18 km) is a secondary source of demand. No major infrastructure or housing project that would alter the area’s value has been confirmed by official sources; Lagonisi’s value today is based not on development projects, but on the coastline itself and the limited supply of villas.

Schools

English-language schools and their straight-line distances from the district center:

  • DES – Interactive European School — IB (PYP and MYP) · English–Greek · Agia Marina Koropiou, Varkiza and Vari campuses · Agia Marina ≈6,000 m · Varkiza ≈9,000 m
  • Geitonas School — Greek curriculum + English IB Diploma · Kindergarten to high school · Koropi (Vari road) · ≈9,500 m
  • St Lawrence College — British curriculum · IGCSE and A-Level · Koropi · ≈10,280 m

Distances are measured in a straight line from the district center (not the building) to the school campus; since the DES Agia Marina and Varkiza campuses and Geitonas are positioned at the settlement level, there may be a deviation of ±1 km, and road distances are longer. There are state-run Greek-language kindergartens and primary schools in Lagonisi. Daily transport to international schools is by car or school bus. Enrollment conditions and quotas are confirmed directly with the school.

Transport

Transportation in Lagonisi relies on the automobile. There is no metro, tram, or suburban train in the district; the nearest rail station is Koropi (M3 and suburban train, ~14.7 km, ~24 minutes by car without traffic). The main axis is the Athens–Sounio coastal road. The Athens–Sounio coastal bus line is listed on third-party schedule sites as passing through Lagonisi; the frequency of service has not been confirmed by an official source.

Distances
Rail station (Koropi · M3 + suburban)
~14.7 km · ~24 minutes by car without traffic
Varkiza · Glyfada center
~9 km · ~15 km (~29 minutes by car without traffic)
General hospital (Asklepieio Voulas)
~14 km · nearest health center Keratea ~7.5 km
Athens centre (Syntagma)
As the crow flies 25.7 km · ~45 minutes by car without traffic
Athens Airport
As the crow flies 18.3 km · ~27 minutes by car without traffic

Distances are measured from the district center using OpenStreetMap data. Driving times are based on routes without traffic (OSRM); these increase significantly during summer months and peak hours.

Tenant profile

The rental market in Lagonisi is twofold: short-term holiday demand in the summer and families living there year-round. Properties purchased with a Golden Visa are only available to the latter, i.e., the long-term market. The pool of year-round tenants is smaller than that of the Riviera; however, there are options in the area for those seeking spacious homes with gardens and pools.

  • Resident families — those moving from the southern suburbs, looking for large houses with gardens; long-term.
  • Those working around the airport and Mesogaia — ~27 minutes to the airport; regular employment.
  • Remote and hybrid professionals — those who do not commute to the center every day and wish to live by the sea.
  • Long-term foreign residents — quiet coastal life; furnished housing.
Market indicators
Average listing price (Lagonisi)
€2,640/m² (−1.6% annual) · September 2026 · Indomio
Average rental listing (Lagonisi)
€11.57/m²/month (+4.4% annual) · September 2026 · Indomio
Kalyvia Thorikou overall · sale
€2,546/m² (−2.26% annual) · 3 year +11.4% · 5 year +28.9% · Indomio
Comparison with the Riviera
Approximately half of the Glyfada sales average (€5,388/m²) · September 2026 · Indomio
Athens apartment prices
+5.0% annual · 2 quarter 2026 (provisional) · Bank of Greece

Figures represent listing (asking) prices; actual transaction prices are generally somewhat lower. The ratio of listing averages yields approximately 5.3% gross; this is a district indicator, not an apartment yield, and may include summer listings. We do not provide unverified rental or yield figures for a specific apartment.

Risks

  • Golden Visa restriction: Short-term (daily) rentals are prohibited for properties acquired via Golden Visa; thresholds and eligibility are confirmed in writing on an apartment-by-apartment basis through independent Greek legal review—nothing on this page constitutes such confirmation. Strong short-term demand in Lagonisi is not an advantage for a Golden Visa buyer.
  • Wildfire: The fire that started in Kouvaras on 17 July 2023 spread to Kalyvia, Saronida, and Lagonisi; homes were reported burned. Fire insurance and vegetation clearance for plots adjacent to pine forests should be checked separately.
  • Car dependency: No rail system; the area is impractical for a tenant without a car.
  • Healthcare access: The nearest general hospital is ~14 km away.
  • Price momentum and liquidity: Sales listings −1.6% over the last year; the buyer pool is narrow, and exit time may be longer than in the Riviera. As the number of listings is low, averages are volatile.
  • Tax calendar: It has been reported that for non-EU/EEA natural persons, it is proposed to increase the property transfer tax from 3% to 15% as of 1 July 2027; legislation, scope, and exemptions are to be confirmed prior to purchase.

Avla’s district view: Neutral–positive — lifestyle-oriented. Lagonisi offers spacious seaside residences at approximately half the price of the Riviera, and listing data shows a higher gross ratio. In return, car dependency, fire risk, and a narrow buyer pool are accepted; the district is suitable for living and long-term holding, not for short-term capital appreciation.

Sources: Indomio (September 2026) · Bank of Greece · ELSTAT 2021 census · ERT and Kathimerini (July 2023 fire) · Saronikos Municipality (schools) · OpenStreetMap and OSRM (distances and times) · official school websites and IB registrations.

Our pick

Apartments we recommend for you

5 of the 6 apartments are available. From these, we highlight three apartments in terms of price, m² efficiency, and outdoor area.

Best entry point
Apartment B2
0-2 (3-floor detached maisonette) · 4-bed
€815,000
€4,657 / m² gross · €4,657 / m² net
Net175.00 m²
Outdoor areaBalcony 17 m² · Garden 62 m²
Gross175.00 m²

Lowest price among available apartments; the gross m² price is also the lowest in the project; there is one more apartment at the same price (B3).

Good gross m² price
Apartment B3
0-2 (3-floor detached maisonette) · 4-bed
€815,000
€4,657 / m² gross · €4,657 / m² net
Net175.00 m²
Outdoor areaBalcony 17 m² · Garden 62 m²
Gross175.00 m²

After the most suitable entry, the lowest price per gross m² is €(€4,657).

Large outdoor area · top floor
Apartment A1
0-2 (3-floor detached maisonette) · 4-bed
€830,000
€4,826 / m² gross · €4,826 / m² net
Net172.00 m²
Outdoor areaBalcony 16 m² · Garden 91.5 m²
Gross172.00 m²

The largest outdoor area among available apartments (107.5 m²); on the top floor.

↑ Full price list
Framework first

Why does the investment threshold differ for everyone?

Because there is no single figure. Legislation defines three tiers, and the location and legal status of a property determine which tier it falls into.

€800,000
Upper tier
Applies to areas under high demand. Requires a single property and at least 120 m².
€400,000
Other areas
The same conditions of a single property and at least 120 m² apply.
€250,000
Not location-dependent
Only in two cases: (a) change of use for a non-residential building, (b) restored listed building.

Practical implications for your file: The threshold for standard new builds in Attica is €800,000. Which threshold the properties in this file fall under is determined by the location and legal status of the property; this is confirmed in writing via an independent Greek lawyer’s review on a property-by-property basis. We have not stated in any section that “this apartment qualifies for GV”; we obtain confirmation via documentation.

Digital Viewing ProtocolThe exact address and apartment-specific location are shared upon signing the protocol+
Introduction record

Digital Viewing Protocol

This protocol is the PROPERTY VIEWING AND ADVISORY AGREEMENT.

Dear investor; this page is the digital viewing of the property on this page, made for you by Avla Real Estate Gayrimenkul A.Ş. Presenting a property to you on this page carries the same weight as showing it on site.

When you sign the protocol, the exact addresses and street details of all the properties presented to you are sent to you. You can then examine each property's street, address and surroundings in full detail on Google Maps.

Contracting Party
Completed in your name at signing
Phone
Added at signing
Email
Added at signing
Client Reference
—
Client Registration No
—
Advisor
M. Sami Akbeniz · Avla · +90 532 282 26 57
Agency (Türkiye)
Avla Real Estate Gayrimenkul A.Ş. · Caferağa Mah. Şifa Sk. No:19, Kadıköy / Istanbul · Kadıköy Tax Office 1061174832
Agency (UAE)
Avla International Properties FZ-LLC · Free Zone Limited Liability Company (FZ-LLC), Ras Al Khaimah Economic Zone (RAKEZ) · Service licence no 47037577 · Media licence no 17010313 · RAKEZ registration no 1911964 · Address: CWEP8995, Compass Building, Al Shohada Road, Al Hamra Industrial Zone-FZ, Ras Al Khaimah, United Arab Emirates · Manager: Mehmet Sami Akbeniz · Licence valid 24.09.2026 – 23.09.2027
Offices
Istanbul · Athens · Dubai · London
Date of Introduction
The date this page was sent to you

Get the address details

WhatsApp
Security and Golden Visa 2026Your funds are held in a dual-signature account — how your money is protected step-by-step, 2026 rules+
Financial protection shield

Your money does not go to the seller, but to a dual-signature account.

The purchase price is not deposited into an account that the seller can use freely. It enters a separate bank account from which not a single cent can be withdrawn without two signatures: one from the seller and the other from the lawyer Avla has appointed for you. The money is transferred to the seller in installments only as the following steps are documented.

Exclusively for Avla clientsThis dual-signature escrow account is not a standard practice offered by the developer to everyone. It is opened only for clients purchasing through Avla, and Avla appoints the co-signing lawyer. Currently, only one of our developers offers this account; we will confirm in writing during our meeting whether it is applicable to your chosen project.
You
Deposit the purchase price into a single account
the full amount
Dual-signature escrow account
Opened in the seller’s name; no funds can be withdrawn without two signatures
✍ Seller’s representative✍ Lawyer appointed by AvlaBuyer’s representative
as documented, in installments
Seller
Only to their own account, only upon documented completion of stages
  1. 1ReservationPrice in the signed reservation agreement
  2. 2Final contractThe portion excluding construction costs — upon signature at the notary and written confirmation from your lawyer
  3. 3Foundation and frameFirst construction installment — with the signed letter of the supervising engineer
  4. 4Walls and plasteringUpon completion of your apartment — again with the engineer’s letter
  5. 5DeliveryOnce the apartment and common areas are finished and utility applications are submitted — remaining installment

Lawyer cannot be replaced

The co-signing lawyer cannot be removed without your consent; funds in the account are free from seizure and liens.

Funds are released only to the seller’s account

No payments can be made to any other person or account; the flow can only be altered by a court order.

What you need to know clearly

Funds deposited into the account are used solely for the price and construction of this apartment and cannot be withdrawn. The contract is subject to Greek law; source of funds (AML) documents are required.

Source: developer’s “Private Agreement on Release of Funds” template. Installment ratios and timelines are written into the contract for each purchase; this section is a summary and does not replace the contract text.

What you need to know

2026 table for Golden Visa

We will disclose the figures with documentation during our meeting; however, to set your expectations correctly from the start, the framework is as follows:

800,000 €
Standard investment threshold applicable throughout the Attica region.
250,000 €
Special route applicable only to properties converted into residential units through a change of use, with the conversion completed.
5 years
Residence permit duration; renewable as long as the property is held.
Prohibited
Short-term (Airbnb-style) rentals are not permitted for properties subject to the Golden Visa.
Important: If the price shown on the title deed falls below €250,000, the right of residence becomes invalid. This threshold must be maintained during discount negotiations. If the property is sold, the residence permit is cancelled. The threshold applicable to each project is documented separately.
Announcement · September 2026

Property transfer tax 15%

From 1 July 2027

For residential property purchases by non-EU/EEA natural persons, the property transfer tax is being increased from 3.09% to 15.45%. Corporate purchases, EU/EEA citizens, long-term residence permit holders, and individuals of Greek descent are excluded. The Prime Minister announced this on 6 September, and the Ministry of Finance provided details on 8 September — there is no draft law submitted to Parliament yet.

Industry report — transfer tax and €250,000
Under consultation · June 2026

Portfolio Golden Visa

With long-term rental condition

The 2026–2035 National Housing Strategy proposes a separate Golden Visa category where multiple apartments are purchased as a single portfolio and all are rented out long-term. The threshold, rental duration, and conditions have not yet been drafted; market sentiment suggests it will be an option for the €400,000 / €800,000 tiers where the single-property rule applies — this is a proposal, not law.

Portfolio Golden Visa model
Open topic

€250,000 route

Conversion category

The €€250,000 tier is currently in effect and applies only to properties converted into residential units through a change of use. The sector is requesting an exemption from the new title deed tax for this category — the rationale being that these investments do not withdraw housing from the market, but rather create new stock. No decision has been made yet.

How the €250,000 route works
Registration

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The listings on the map represent the current state of our portfolio; the list is synchronized with our website twice daily. You can narrow down your search using price, region, district, and ready-made filters, and view the photos and project facts for each listing.

Circles indicate neighborhoods, not specific buildings. We do not publish the exact addresses of properties; we provide the location via neighborhood circles. The apartment-based list and exact location are revealed during our meeting along with your file.

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