Description
Located in Gazi, one of Athens’ most vibrant and historically rich neighborhoods, this 4-floor development offers 14 premium apartments, including 12 studios and 2 one-bedroom residences. Situated near the Agricultural University of Athens, Kerameikos Square, the Archaeological Site of Kerameikos, and with unobstructed views from apartment D1 to Acropolis, this project provides unmatched accessibility and stands out as arare investment opportunity with projected returns of up to 8% annually. The D1 apartment enjoys exclusive use of the rooftop (5th floor) doma and open area, while ground-floor offers 2 dedicated parking spaces for added convenience. Furnishing and Electrical Appliances come at an additional cost of €10,000 for the studios and €12,000 for the 1-bedroom apartments. Estimated delivery: Q2 2027.
Strategic Permit Advantage – Legal Short-Term Rentals
With the Greek government restricting new short-term rental permits in central Athens, this project stands out by setting a goal to secure a Touristic Apartment Permit—granting legal rights for short-term rentals. This ensures high-yield returns, tapping into Athens’ booming tourism industry and offering an ideal mix of property ownership stability and hotel-like profitability.
Available Units:
| Unit | Level | Type | Indoor Area(m²) | Balcony(m²) | Roof Garden(m²) | Total Area(m²) | Price(€) |
|---|---|---|---|---|---|---|---|
| A1 | 1st | Studio | 32 | 8.5 | – | 40.5 | 210,000 |
| A2 | 1st | Studio | 32.5 | 9 | – | 41.5 | 212,500 |
| A3 | 1st | Studio | 32.5 | 6 | – | 38.5 | 201,500 |
| A4 | 1st | Studio | 32 | 5.5 | – | 37.5 | 201,000 |
| B1 | 2nd | Studio | 32 | 12.5 | – | 44.5 | 233,000 |
| B2 | 2nd | Studio | 32.5 | 7.5 | – | 39.5 | 222,500 |
| B3 | 2nd | Studio | 32.5 | 6 | – | 38.5 | 209,000 |
| B4 | 2nd | Studio | 32 | 5.5 | – | 37.5 | 204,000 |
| C1 | 3rd | Studio | 32 | 7.5 | – | 39.5 | 257,500 |
| C2 | 3rd | Studio | 32.5 | 10 | – | 42.5 | Reserved |
| C3 | 3rd | Studio | 32.5 | 6 | – | 38.5 | Reserved |
| C4 | 3rd | Studio | 32 | 5.5 | – | 37.5 | Reserved |
| D1 | 4th | Apartment | 59 | 26 | 48 | 133 | Reserved |
| D2 | 4th | Apartment | 57 | 12 | – | 69 | Reserved |
The heart of Athens, encompassing the districts of Kerameikos, Psyrri, and Monastiraki, is a vibrant mix of ancient history and modern culture. Kerameikos is known for its archaeological site and serene atmosphere, Psyrri offers a lively nightlife scene with trendy bars and street art, while Monastiraki is famous for its bustling flea market, historic landmarks, and views of the Acropolis. Together, these areas blend Athens’ rich heritage with contemporary urban life.
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