The 3 story residential apartment complex is made up of 24 one-bedroom apartments. The apartments are located in the Suburb of Argyroupolis in Southern Athens which is a quiet family suburb. The suburb provides both cultural entertainment with lots of restaurants and cafes and social services. The neighborhood offers a high standard of living and is mostly inhabited by middle-class Greeks. The demand for property in the neighbourhood exceeds the supply making it an attractive place to invest.
Investors are offered a guaranteed return of 3% per annum for the first 3 years. However, they are likely to outperform this yield if they choose the variable yield option which could be anywhere between 4-7%. An investment of €250,000 into this building which is undergoing renovations from commercial to residential use is an eligible investment for the Greece Golden Visa Program.
Property Highlights: •Apartments Available: 24 Units •All one-bedroom apartments •Unit Sizes: 42.3 – 51.3 sqm •Balconies: Included in each unit •Amenities: •Energy Efficiency: Class B •Heating: Heat Pumps •Premium Sanitary Ware by Grohe •European Kitchen Designs •Pricing: Starting from €250,000
Golden Visa Eligibility
Despite the Greece Golden Visa price increases, confirmed back in the first semester of 2024, these apartments still qualify under the € 250K threshold, providing a streamlined pathway to EU residency through real estate investment.
The project follows the guidelines for € 250,000 properties in Greece, qualifying under the refurbishment/reconstruction category.
To understand more about the 2024 rules, check our Greece Golden Visa Ultimate Guide by clicking here.
Greece Golden Visa Investment- Guaranteed Returns
With high demand for quality rentals in Ilioupoli and Athens, this property offers guaranteed rental returns, ensuring a stable and lucrative investment.
Units start at €250,000 (44.30m2) and range up to €292,000 (106.30m2). Available units are as follows:
- Level 0 Apartment 106.30m2 1bedroom 1bathroom N/A (parking) N/A (storage) – €292,000
- Level 1 Apartment 50.80m2 1bedroom 1bathroom N/A (parking) N/A(storage) €275,000
- Level 1Apartment 44.30m2 1bedroom 1bathroom N/A(parking) N/A (storage)- €250,000
- Level 1Apartment 45.30m2 1bedroom 1bathroom N/A(parking) N/A(storage)- €255,000
- Level 1Apartment 45.80m2 1bedroom 1bathroom N/A(parking) N/A(storage) €255,000
- Level 1Apartment 45.80m2 1bedroom 1bathroom N/A(parking) N/A(storage)- €252,000
- Level 1 Apartment 46.80m2 1bedroom 1bathroom N/A(parking) N/A(storage)- €256,000
- Level 1 Apartment 45.30m2 1bedroom 1bathroom N/A(parking) N/A(storage)-€ 252,000
- Level 1 Apartment 45.30m2 1bedroom 1bathroom N/A(parking) N/A(storage)-€ 252,000
- Level 2 Apartment 61.80m2 1bedroom 1bathroom N/A(parking) N/A(storage)- €292,000
- Level 2 Apartment 46.30m2 1bedroom 1bathroom N/A(parking) N/A( storage) 255000
The luxurious finishes, modern design, and desirable station make it an ideal choice for both short- and long-term rentals, promising robust rental returns.
The Developer
The developer has extensive experience in real estate, offering a range of property services from residential sales to high-yield city apartments and property management.
With a team of skilled professionals, the developer manages all aspects of design, construction, and furnishing, prioritizing quality and attention to detail. Their commitment to prime locations, quality service, and innovative design ensures high standards across projects.
Specializing in both new developments and luxury renovations, the developer transforms spaces in some of Athens’ most desirable areas, providing properties that are modern, comfortable, and highly sought after. Known for delivering reliable returns and exceptional homes, each project meets the diverse needs of clients and serves as a valuable asset.
With its prime location in Argyroupoli, this property offers an exceptional opportunity for investors looking for both a beautiful residence and a high-yield investment.
