HomePropertiesMapAbout Golden VisaAreasReportsHow we workTeamContactTürkçe
Azure Bay Residences
Avla Real Estate · Exclusive Selection · Property code A0181

Azure Bay Residences

A new build of 30 apartments on the coast of the Gulf of Corinth, in front of Kiato Port. Most apartments face the sea; delivered fully furnished.
A0181
Property code
19
Available units
€314,000 – €580,000
Price range
December 2026
Delivery
None
Rental guarantee
Golden Visa
Class
pending confirmation
Energy class
Azure Bay Residences
Highlights

Why this property?

  • In front of the port and the coastal promenade
  • ~5 mins to the suburban train, direct train to Athens
  • Most apartments face the Gulf of Corinth
  • Delivered fully furnished, built-in kitchen
  • Delivery 31 December 2026
Images

Building and apartments

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

Project facts

Project facts

Thirty seaside 1-bed residences at Kiato Port on the Gulf of Corinth. 1 hour 20 minutes to Athens by road or train. Starting from €314,000.

Availability
19 apartment available · 6 reserved · 5 sold · total 30 units
Price
€314,000 – €580,000
Area
38.60 – 60.10 m² net
Delivery
31.12.2026 (xlsx)
Rental guarantee
None
Building
Conversion (change of use)
Parking
Yes
Service fee
0%
Golden Visa
Eligible
Features
Kiato Port and coastal promenade — the building’s own address · Kiato town center 2–3 minutes · Kiato suburban train station 5 minutes — direct train to Athens · Xylokastro approx. 15 minutes · Corinth approx. 25 minutes · Athens city center approx. 1 hour 20 minutes · Athens International Airport approx. 1 hour 35 minutes

Listing page

Location

Kiato · Peloponnese

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

Schools
public middle school 1.4 km
Shopping
market 500 m
Transport
Suburban train SIKYONA 600 m
Airport
Athens Airport ~95 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 · Azure Bay Residences · A0181

Prices and available apartments

Status: 19 available · 6 reserved · 5 sold — last confirmed 6 September 2026. Reserved and sold units remain on the list; they are dimmed and labelled.
ApartmentFloorTypeNet m²Balcony m²Gross m²Price€ / m² net€ / m² grossPlan
G1Ground—53.20—53.20€320,000€6,015€6,015—
G2 ReservedGround—45.600.0045.60€318,000€6,974€6,974—
G3Ground—44.60—44.60€320,000€7,175€7,175—
G4Ground—40.90—40.90€315,000€7,702€7,702—
G5Ground—60.10—60.10€345,000€5,740€5,740—
A11—50.904.3055.20€338,000€6,640€6,123—
A21—44.40—44.40€323,000€7,275€7,275—
A31—50.10—50.10€325,000€6,487€6,487—
A41—50.804.3055.10€329,000€6,476€5,971—
B1 Reserved2—51.6012.0063.60€327,000€6,337€5,142—
B22—45.1010.0055.10€324,000€7,184€5,880—
B3 Reserved2—50.707.0057.70€328,000€6,469€5,685—
B42—38.608.0046.60€318,000€8,238€6,824—
B5 Sold2—40.6010.0050.60Sold———
C1 Our pick3—51.6012.8064.40€333,000€6,453€5,171—
C23—45.1010.0055.10€328,000€7,273€5,953—
C3 Reserved3—50.707.0057.70€330,000€6,509€5,719—
C4 Sold3—37.008.5045.50Sold———
C5 Reserved3—42.3010.0052.30€329,000€7,778€6,291—
D1 Our pick4—51.6012.8064.40€336,000€6,512€5,217—
D24—45.1010.0055.10€331,000€7,339€6,007—
D34—50.706.8057.50€323,000€6,371€5,617—
D4 Our pick4—38.608.4047.00€314,000€8,135€6,681—
D54—42.3010.3052.60€321,000€7,589€6,103—
E1 Reserved5—51.6012.8064.40€358,000€6,938€5,559—
E25—45.1010.0055.10€334,000€7,406€6,062—
E3 Sold5—46.406.8053.20Sold———
E4 Sold5—37.008.4045.40Sold———
E5 Sold5—40.6010.0050.60Sold———
F6 (Penthouse)—51.20—51.20€580,000€11,328€11,328—
Source: developer’s price list, 2026-08-16. Gross area = net internal area + balcony/garden; there is a ±3% tolerance in areas. Availability is confirmed in writing at the offer stage.
Area report · Kiato+
Kiato coast · Gulf of Corinth
Gulf of Corinth from Kiato · Photo: Smakbor · CC BY-SA 4,0 · Wikimedia Commons

Avla Real Estate Area Report · Kiato · Sikyona, Korinthia (Peloponnese) · 23 – 24 October 2026. This is a district-level assessment; it does not include a review of a specific apartment.

Location

Kiato is a coastal town on the northern shore of the Peloponnese peninsula, on the Gulf of Corinth, and is the center of the Sikyona municipality. As of the 2021 census, the town’s population is 9,907, and the municipality’s is 21,187. It is ~17 km from Corinth as the crow flies (~28 km by road) and ~108 km from central Athens by road. The town is a year-round residential area concentrated around its port and coastal promenade; tourist activity increases during the summer months.

What distinguishes Kiato from similar coastal towns is the railway: the Athens suburban railway (Proastiakos) station in Kiato is ~1.5 km from the town centre, and Athens can be reached by direct train in approximately 1 hour and 25 minutes; according to the 2023 timetable, there are 18 services per day; the current number of services is pending confirmation. The line continues west to Aigio; Patras is connected via bus from Aigio, and the schedule for the Aigio – Patras rail section is pending confirmation.

Housing demand is driven by three sources: the town’s resident population and the local service economy, second-home users and retirees connected to Athens by train and motorway, and summer visitors. Nearby are Ancient Sicyon, the Corinth Canal (~22 km), and the beaches of Xylokastro (~13 km). No large-scale new public project that would create value in the near term could be confirmed in the town.

Schools

No international schools with an English curriculum were found in Kiato or Corinth; the options in the town are state schools providing education in Greek. The nearest English-language schools are in the northern suburbs of Athens; distances are as the crow flies from the centre of Kiato:

  • St Catherine’s British School — British curriculum, IGCSE + IB Diploma · 3 – 18 years old · Lykovrysi · ≈91.5 km
  • ACS Athens — American curriculum + IB Diploma and AP · English · Kindergarten to high school · Chalandri · ≈93.2 km
  • International School of Athens (ISA) — IB PYP, MYP and Diploma · entirely in English · From kindergarten to high school · Kifisia · ≈94.2 km

These distances are not suitable for daily school commuting. For a family with school-age children seeking an English-language education, Kiato is a second home rather than a primary residence. Enrollment conditions should be confirmed directly with the school.

Transport

Kiato is connected to both the railway and the motorway: the Athens – Corinth – Patras motorway (Olympia Odos) passes to the south of the town. Athens Airport is reached by train with a transfer at Ano Liosia.

Distances
Port · coastline
~300 m
Kiato train station
~1.5 km
Corinth · Corinth General Hospital
By road ~28 – 30 km · approximately 25 minutes by car
Central Athens
By train approximately 1 hour and 25 minutes · ~108 km by car, approximately 1 hours and 25 minutes
Piraeus
By train approximately 1 hour and 45 minutes
Athens Airport
By car ~138 km, approximately 1 hour and 40 minutes · by train with transfer
Aigio
By train approximately 53 minutes

Driving times are without traffic; train times are according to the operator’s published schedule.

Tenant profile

Rental demand in Kiato is based on the resident population and the rail connection to Athens; tourism remains secondary. This means a tenant base with less seasonal fluctuation compared to island locations.

  • Local employees — public sector, education, healthcare, and trade; long-term, regular.
  • Commuters to Athens — employees who travel to Athens by train a few days a week and seek housing below Athens rental prices.
  • Retirees — quiet coastal town, low cost of living; very long-term.
  • Summer tenants — June – September; short-term daily rentals are prohibited in Golden Visa properties.
Market indicators
Average sales listing · Sikyona municipality
€1,399/m² (+8.11% annual) · September 2026 · Indomio
Average rental listing · Sikyona municipality
€6.8/m²/month (+22.3% annual) · September 2026 · Indomio
Comparison · West Athens suburbs
€2,347/m² (+8.36% annual) · September 2026 · Indomio
Apartment prices in Greece “other regions”
+7.1% annual · 2 quarter 2026 · Bank of Greece

Figures represent listing (asking) prices. The Sikyona average includes inland mountain villages (Feneos, Stymfalia); there is no separate average published for the Kiato coastline, and the average cannot be directly compared to new-build properties. We do not provide unverified rental or yield figures for specific apartments.

Risks

  • Golden Visa restriction: Short-term (daily) rentals are prohibited in properties acquired via Golden Visa; the income model is based on long-term rentals.
  • Low price floor: municipal average is €1,399/m²; the gap between new properties near the sea and the existing stock is wide, and resale comparisons are made against this average.
  • Rental level: average rental listing is €6.8/m²; absolute rental amounts are significantly lower than in Athens.
  • Railway dependency: the value of the Athens connection depends on train operations; the operator announces periodic temporary service adjustments on the Kiato – Aigio section.
  • Education: there are no English-language schools; the nearest options are in Athens.
  • Tax calendar: it has been announced that for non-EU/EEA individuals, the property transfer tax will increase from 3% to 15% as of 1 July 2027; scope and exemptions are confirmed prior to purchase.

Avla’s area view: Positive — value-oriented. Kiato is a year-round coastal town connected to Athens by direct train in under an hour and a half; the price per square metre is approximately 40% lower than in the western suburbs of Athens. You are purchasing a low entry price and livability, not rapid capital appreciation.

Sources: Indomio · Bank of Greece · ELSTAT 2021 census · Hellenic Train schedules and announcements · Wikipedia (Kiato, Sikyona) · official school websites and IB registries · OpenStreetMap (distances, OSRM durations).

Our pick

Apartments we recommend for you

30 of the apartments are 19 available. From these, we highlight three apartments in terms of price, m² efficiency, and outdoor area.

Best entry point
Apartment D4
4th floor
€314,000
€6,681 / m² gross · €8,135 / m² net
Net38.60 m²
Outdoor area8.40 m²
Gross47.00 m²

Lowest price among available apartments.

Best gross m² price
Apartment C1
3rd floor
€333,000
€5,171 / m² gross · €6,453 / m² net
Net51.60 m²
Outdoor area12.80 m²
Gross64.40 m²

The lowest price in the project per gross m² is (€5,171); including 12.80 m² of outdoor area.

Spacious outdoor area
Apartment D1
4th floor
€336,000
€5,217 / m² gross · €6,512 / m² net
Net51.60 m²
Outdoor area12.80 m²
Gross64.40 m²

Largest outdoor area among available apartments (12.80 m²).

↑ 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

Register in our system or send it to a friend

Send to a friend
From our portfolio

Featured projects

Projects we highlight under the Golden Visa; each card opens the project’s own page.

Portfolio map

What is where in Athens?

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.

Open map in full screen →