An Entire Floor of Serviced Apartments in the Heart of New Piraeus
| 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
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
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Lazaraki 37, Glyfada (16675), Greece. Phone: +30 694 436 5557 |