Profitable real estate in Athens: top projects for generating passive rental income

Real estate in Athens today is one of the most promising areas in Europe. The market for new housing in Athens is in short supply, new interesting projects in good areas are dealt with literally at th...

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Real estate in Athens today is one of the most promising areas in Europe. The market for new housing in Athens is in short supply, new interesting projects in good areas are dealt with literally at the project stage. The Greek capital attracts investors for many reasons. More than 3 million people live in a large metropolis; the best universities and medical institutions of the country, representative offices and branches of international companies are located here. Athens is connected by direct flights with all important European cities, for example, from Moscow to Athens you can get a direct flight in just 3.5 hours, and the Athens port "Piraeus" is one of the largest in Europe. The city's powerful history, a huge number of attractions, delicious Greek food, hospitality, friendliness and openness of the Greeks - all this attracts foreign buyers to buy real estate in Athens.
A Greek residence permit for the whole family, including the parents of the investor and the spouse of the investor when buying real estate in Greece in the amount of 250,000 euros, is an additional strong motivation to opt for an apartment in Athens.
In this selection, we have selected rare real estate offers in Athens, which are suitable primarily for investors. These are projects, the implementation of which will bring from 20% per annum, or will allow you to receive passive income from 5%. With the ideal quality of construction and finishing, the apartments in the selection have affordable prices and allow you to comfortably enter the project. "Smart" layouts - from studios 20 sq. m to spacious apartments with 2 bedrooms and the best locations of Athens, implying the location of projects near the city center, in the immediate vicinity of the embankment and public transport stops. An additional bonus - special accreditation of projects will allow you to get a residence permit in Greece in just a couple of months.

Athens, Attica, Greece
22 student apartments for rent + retail on the ground floor

Project type: 22 student apartments for rent + retail on the ground floor.
This eye-catching, modern 8-storey building of student apartments is located in the heart of the coastal town of Piraeus. The apartments are ideal for students as they are not only conveniently located near the tram & bus stop, but also within walking distance of one of the country's leading public universities, the University of Piraeus, as well as the renowned private Metropolitan College.

The city of Piraeus, an integral part of the Greek capital, is only 12 km away. from the city center, located on the shores of the Aegean Sea. Piraeus has been the sea gateway to Attica for centuries. Unsurprisingly, today it is not only the main port in Greece, but also the largest passenger port in Europe and the second largest in the world, serving around 20 million passengers a year.

Today, Piraeus is a very noisy and active city, the industrial and commercial center of the capital, where one of the leading universities in Greece is also located. In more detail, the University of Piraeus is a higher educational institution of the state type, which has been training specialists since 1938. the field of economics and technology. It is one of the leading universities and is regularly ranked among the top twenty universities in Greece.

Every year about 10,000 people study here. The Faculty of Economics, the Faculty of Financial Management and Banking, the Faculty of Marine Research, the Faculty of Statistics and Insurance, the Faculty of International and European Relations are just a few of the specialties that the university offers to its future students. In addition, all students have access to a scientific library, with a large collection of literature necessary for teaching.
In addition to the University of Piraeus, the area is also home to the Metropolitan College, an international private college. Since 1982, this educational institution, in collaboration with seven leading international universities, has offered over 66 government-recognized study programs for students to pursue a bachelor's or master's degree. It is undeniable that the competitive advantage of this educational institution is its modern campuses, unlimited access to the latest technologies and a large scientific library.

The project is located from the main building of the University of Piraeus, just a 15-minute walk and just a few meters from the college.

What do we offer:
1. Step one: We buy a building with additional. building coefficient sq m: 916
Purchase price: 580.000 euros

2.Step two: Converting the building into a student apartment: 632.000 euros
We rent 22 apartments for long-term rent + 1 retail cafe / shop 9% per annum
Total implementation period: 8-12 months

Responsibility of the company:
- conducts legal audit of the object
- creates a legal base and tax structure for an investment with a local tax specialist
–Implements a sale and purchase transaction
- manages the construction process
- manages relations with local managers of rental campaigns
- issues Golden Visa

70 000 EUR
Athens, Attica, Greece
Sale of business apartments in Athens

In the Neos Cosmos area, Athens, there is a building consisting of 25 business apartments ranging from 16.75 sq m to 37.40 sq m.

There are 12 apartments for sale. The cost of apartments ranges from 53.000 € to 117.000 €.

This is a unique project in a modern, minimalist style. During its construction, high quality materials were used to ensure reliability and comfort. In addition, the apartments have been designed in such a way that they are suitable for both students and employees, as well as for potential investors, as this property guarantees a stable rental income.

With regard to the design of the apartments, preference was given to an open plan to achieve maximum functionality of the space. More details, the apartments consist of a living room / kitchen / bedroom and a bathroom / shower.
Characteristics of the apartments: • Fully equipped kitchen with electrical appliances
• Fully furnished
• Aluminum window frames with a high level of heat and sound insulation
• Thermal insulation to minimize heat and noise leakage
• Inverter air conditioner (cooling-heating system)
• Solar boiler
• Armored door
• Modern minimalistic design

The site on which the property is located is ideally located within walking distance of public transport: the Neos Kosmos metro station is 250 meters away, as are the bus stops. In addition, supermarkets, schools, cafes and other shops are also nearby. Finally, undoubtedly, a huge plus is the fact that the Acropolis - the most popular attraction in the country - is located just 1.5 kilometers from the site.

53 000 EUR - 117 000 EUR
Athens, Attica, Greece
Apartments for sale in the coastal area of Athens

The project is located in Athens, namely in the Neo Faliro area, just 15 minutes from the coastal Mikrolimano area and the picturesque Castella.

Neo Faliro is one of the coastal areas of Athens, which is connected to the center of the Greek capital and the Piraeus region by many highways and highways. In addition, the area has a well-developed line of bus stops, trams, and there is also a stop for the electric railway (ISAP), which makes movement around the area, but also anywhere in the city, fast and comfortable. At the same time, Neo Faliro serves as the gateway to the famous Athenian Riviera.

This is a special area in every respect: despite the fact that it is quite close to the city center, it has a calm, almost resort atmosphere. Undoubtedly, the most important attraction of Neo Faliro can be safely considered the impressive Marina Flisvos, which harmoniously combines a beautiful view of the Saronic Gulf with many cafes, bars, shops, playgrounds and attractions. Here, at any time of the day, residents and guests of the capital can enjoy a cup of coffee, lunch in restaurants or shop in small shops. At the same time, the beautiful promenade decorated with exotic dates is the perfect choice for a jog or a relaxing walk with the family. Finally, the variety of coastal clubs will not leave indifferent those who want to spend a peaceful evening enjoying a cocktail with a beautiful view of the night sea, illuminated by thousands of lights, but also those who prefer to dance until the morning.

The project is located in the heart of this picturesque area. The building consists of 8 luxurious, completely renovated apartments in a modern style. The latest architectural solutions were used in their construction.

The apartments are divided into three categories: studio apartments, one-room and two-room apartments. More details, there is 1 studio apartment with a total area of ​​24.08 sq m, 1 one-room apartment with a total area of ​​41.30 m2 and six two-room apartments (3 with a total area of ​​70.28 m2 and 3 with a total area of ​​71.43 m2)

In terms of design, the apartments consist of a combined kitchen and living room, two bedrooms and a bathroom with shower.

Technical characteristics of the apartments:
• Aluminum frames with a high level of heat and sound insulation
• Thermal insulation to minimize noise and heat leakage
• Inverter air conditioner (cooling-heating system)
• Solar boiler
• Armored door
• Individual gas heating
• Electric blinds
• New LED lighting technologies
• Convenient glazed balconies
• Modern minimalist design

The facility is located in the heart of the Neo Faliro area. Thus, thanks to its central location, all public transport options are just a short walk away: tram & bus stops are 300 meters away, and the metro station of the metro line (ISAP) is just 450 meters away. The famous Karaiskaki stadium is located at exactly the same distance. Finally, 300 meters away there is the modern Metropolitan hospital, as well as supermarkets, schools and other shops and services.

60 000 EUR - 175 000 EUR is an online property listing service for companies and individuals. is not responsible for content posted by third parties. If you find content that violates the law, is inappropriate, or violates your rights, please report it to us immediately using the "Complain" button.