Projects / Renovated and Furnished Apartment in Ioannina
Renovated and Furnished Apartment in Ioannina
Rendering of the kitchen and living room: a white and charcoal kitchen, a round dining table and a beige sofa
A 40 sqm apartment on the fourth floor in Ioannina, fully renovated and sold furnished and equipped, for €120,000.
This is an investment deal on an apartment that is already fully renovated and furnished, so there is nothing to refurbish or furnish.
What do you get?
The apartment is on the fourth floor in Ioannina and measures 40 sqm. The renovation is from the ground up, and it is sold furnished and equipped.
| Detail | Value |
|---|---|
| Price | €120,000 |
| Area | 40 sqm |
| Floor | 4 |
| Condition | Fully renovated |
| Furniture | Furnished and equipped |
| Location | Ioannina |
The price is as of November 2026 and may change. The pictures are renderings. A KLÉA advisor will give you more details on a call and confirm the current position.
How much rent can it earn?
The apartment can be let for about €500 a month, which is €6,000 a year. On a price of €120,000 that is a gross yield of about 5% a year, before tax, running costs and empty periods. It is an estimate and not a commitment, so check it against current local rents before you decide.
Where is it, and why Ioannina?
Ioannina is the capital of the Epirus region in north-west Greece, a city on the shore of Lake Pamvotida with about 114,000 residents (2021 census) and a large university. It is about three hours by road from Thessaloniki along the Egnatia motorway and about four hours from Athens. The Egnatia also links the city to the port of Igoumenitsa, about 80 km away.
- residents in the municipality
- 114,000
- university students
- 30,000+
- drive from Thessaloniki
- 3hrs
- to the port of Igoumenitsa
- 80km
Why invest in Ioannina?
The University of Ioannina has about 30,000 students, so the city has a steady pool of tenants looking for small apartments. It also draws visitors: the castle and old town on the lake shore, the traditional silversmiths, the inhabited island in the lake and the Zagori villages, about 60 km from the city. That does not guarantee a yield, but in a university city there is usually demand to rent small, renovated apartments.
What does the apartment look like?
The apartment is on the fourth floor and measures 40 sqm. According to the renderings it has a living room with a dining corner and an open kitchen, a bedroom with a fitted wardrobe and a bathroom with a glass shower. It is fully renovated and sold furnished and equipped. The price is €120,000, about €3,000 per sqm.
Frequently asked questions
How much does the apartment in Ioannina cost?
€120,000 for a 40 sqm apartment on the fourth floor, about €3,000 per sqm. The price is as of November 2026 and may change.
What rental yield can I expect?
The apartment can be let for about €500 a month, a gross yield of about 5% a year before tax and costs. It is an estimate and not a commitment.
Is the apartment eligible for the Golden Visa?
No. This is an investment deal only, and the price is below €250,000, the lowest Golden Visa threshold.
Is the apartment furnished?
Yes, it is sold furnished and equipped, after a full renovation.
Where exactly is the apartment?
In Ioannina. We give the exact address on a call.
Want to hear more about the apartment?
We will gladly send you more details and answer your questions.
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