Solar Energy Investment Opportunity in Greece – 10% ROI


Property

Website:https://www.nestseekers.com/4966036
Address:
Gimno 340 06
Gimno, Evia 340 06
Greece
Ownership: Freehold
Type: Land

Financials

Price:Available upon request

Description

Thorough Property Description

Overview

We are offering for sale a turnkey, fully operational photovoltaic (PV) park in Gymno, Evia, Greece. The asset is ideal for a strategic buyer or investor seeking immediate cash flow from a low-risk renewable energy asset, delivery of green energy to the grid, and optional expansion potential. The sale includes land, permits, full equipment package and all site infrastructure.

Key Investment Highlights

  • Asking Price:€450,000

  • Installed Capacity:499.29 kWp (499.26 kWp by panel nameplate)

  • Land Area:9,200 m2 — private ownership included in sale

  • Status: Fully commissioned and producing (grid connection active)

Technical & Equipment Summary

  • Solar Modules: 942 × Luxor SM LX-530M/144/BIFACIAL/PERC (530 Wp / panel) — bifacial, half-cell mono PERC technology.

  • Inverters: 5 × HUAWEI SUN2000-100KTL-M1 (100 kW each) — multi-MPPT string inverters.

  • Mounting System: PANMETAL TSM hot-dip galvanized steel, monopile design; panels mounted portrait; typical row height <1.5 m for easy maintenance.

  • Substation / Transformer: Kiosk-type substation (Kontrols ABEE) housing a 500 kVA oil transformer (20 kV / 400 V).

  • Cabling & Grounding: DC solar cables, AC NYY for MV/LV, full grounding system with electrodes and equipotential bonding.

  • Site Works: 407 driven piles; anti-wind connectors and stainless steel fasteners per spec.

  • Monitoring & Controls: Huawei real-time monitoring portal + Schneider protection and local automation. Remote access available for buyers.

  • Spare Equipment & O&M: Onsite spare panels and spare inverter; professional panel-cleaning machine; two rain-fed water tanks for panel washing.

  • Security: Perimeter fence (2 m) with triple barbed wire, CCTV coverage, perimeter IR beams, external + internal sirens and GSM alarm module. LED perimeter lighting.

  • Access: Direct farm road access to substation; site arranged for easy service/cleaning.

Performance & Financial Snapshot

  • Conservative Estimated Annual Output:~590,000 kWh / year (adjusted conservatively for downtime and losses).

  • Indicative Revenue: Using €0.07–€0.09/kWh → €40,500 – €54,000 / year. Using a mid-rate €0.085/kWh → ~€50,000 / year.

  • Estimated Annual OPEX:~€9,500 (cleaning, maintenance contract, insurance, monitoring/management).

  • Estimated Net Cashflow: ~€40k / year (dependent on tariff).

  • ROI / Payback:Estimated ROI ≈ 9–11% / year; payback ~9–11 years, depending on tariff and actual production.

All production and revenue figures are estimates for marketing purposes. Buyers are encouraged to review metered data and perform independent due diligence.

Legal, Licensing & Grid

  • Owner: D.G. Arvanitis & Co. IKE (sale includes land)

  • Operating License: Α.Α. ΑΠΕ: 122471 (operational permit present)

  • Grid Connection: Medium-voltage 20 kV connection in place (upgrade of line completed mid-June 2024). Any previous short technical interruptions related to the line upgrade have been resolved.

  • Land Title: Clean title; full documentation included in sale pack.

What’s Included in the Sale

  • All PV modules, inverters, mounting structure and cabling

  • Substation kiosk, transformer and MV equipment (as installed)

  • Monitoring & SCADA access (transferable)

  • Onsite spare panels and spare inverter, cleaning machine, two water tanks

  • Technical drawings, as-built plans, commissioning reports (available upon NDA)

Due Diligence / Documents Available (on request and under NDA)

  • Metered production logs (Huawei portal export) — monthly & annual data

  • As-built technical drawings and single-line diagrams

  • Third-party electrical inspection report (available)

  • Maintenance contract, insurance policy, and supplier agreements

  • Financials / P&L & balance sheet summaries (available under NDA)

Buyer Suitability & Opportunities

  • Perfect for energy funds, infrastructure investors, private equity, renewable platform roll-ups, or high-net-worth individuals seeking recurring green income.

  • Can be purchased as an asset sale or via SPV share transfer. Structured purchases can be explored to support residency or Golden Visa objectives (buyers should consult immigration counsel; direct asset purchase typically does not guarantee Golden Visa eligibility—corporate investment routes may be possible).

Contact

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Lazaraki 37, Glyfada (16675), Greece.

Gimno 340 06, Greece