Ipsilantou 1
Nikea, Pireas 184 50
Greece

Property

Ownership: Income Property
Type: Full Floor
Rooms: 12
Bedrooms: 4 BR
Bathrooms: 4
Area: 147 m² (1582 sq ft)
Energy Certificate Rating: IN PROCESS

Financials

Price:€557,000
($654,200)
Common charges:€200

An Entire Floor of Serviced Apartments in the Heart of New Piraeus

Description

Positioned within the landmark Piraeus Gate development, one of the most ambitious urban regeneration projects at the gateway of Piraeus. This is a singular opportunity to acquire an entire floor of a brand-new, fully managed serviced apartment building.

Each floor consists of four fully furnished studios, sold as a single horizontal property title and professionally operated under a long-term hospitality management model. The asset is structured to generate passive rental income from day one, with no day-to-day involvement required from the owner.

A rare asset class for the Greek market, combining full ownership, professional management, and a structured income framework - ideal for international investors seeking long-term, low-maintenance returns in one of Europe's most dynamic cities.

Highlights

  • Entire floor sold as one horizontal property title

  • 4 fully furnished serviced studios per floor

  • Floors 1-7: 147 m2 | 8th floor: 128 m2

  • Sale prices from €557,000 to €685,000

  • Projected rental income from €3,150 to €3,850/month per floor

  • Projected yield 6.5% and above

  • Long-term hospitality management model included

  • Income escalation structure linked to inflation

  • No utility bills for the owner

  • Low management fee structure

  • Payment plan available

  • Delivery: Q2 2028

  • Part of Piraeus Gate mixed-use development

Property Details

  • Type: Whole floor / Horizontal ownership

  • Studios per floor: 4

  • Floors available: 1st through 8th

  • Location: Piraeus Gate, Piraeus, Athens

Also available: Ground floor retail unit - 133.96 m2 at €490,000

Amenities

  • Air Conditioning
  • Elevator
  • Fitted Kitchen
  • Great Investment Opportunity
  • Management
  • New Development
  • Open Plan
  • Private Balcony
  • Serviced building

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.