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


Property

Website:https://www.nestseekers.com/5456394
Address:
Ipsilantou 1
Nikea, Pireas 184 50
Greece
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

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

Contact

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Lazaraki 37, Glyfada (16675), Greece.

Ipsilantou 1, Nikea 184 50, Greece