Description
Description
Located in Gazi, one of Athens’ most vibrant and sought-after districts, this 4-floor boutique under-construction development offers 14 modern studio apartments, designed for the short-term and touristic rental market.
The development is ideally located near the Agricultural University of Athens, Kerameikos Square, and the Archaeological Site of Kerameikos, while providing excellent connectivity to the rest of Athens. The Metro station is just a 1-minute walk away, making it easy to reach the city centre and major attractions.
Every apartment features a private balcony, while selected units enjoy views toward the Acropolis. The development also includes 2 dedicated parking spaces.
Priced at €190,000 per apartment, the project offers an attractive investment opportunity with a target rental return of approximately 7% annually and an estimated delivery in 12 months.
Key Investment Highlights
- 14 modern studio apartments
- 4-floor development
- Private balcony for every apartment
- Selected units with Acropolis views
- 2 dedicated parking spaces
- €190,000 per apartment
- Touristic Apartment Permit
- Target rental return of approximately 7%
- Prime Gazi location
- 1-minute walking distance from the Metro
- Near the Agricultural University of Athens
- Close to Kerameikos Square and the Archaeological Site of Kerameikos
- Excellent connectivity to Athens city centre and major attractions
- Estimated delivery: 12 months
- Flexible installment payment plan during construction
- Furnishing and electrical appliances available at an additional €10,000 for studios
Strategic Permit Advantage – Legal Short-Term Rentals
With restrictions on new short-term rental registrations in central Athens, the development’s Touristic Apartment Permit provides an important advantage for investors targeting the short-term and touristic rental market.
The combination of a prime Gazi location, immediate Metro access, private outdoor space, selected Acropolis views, dedicated parking, touristic rental suitability, and staged payments during construction makes this a compelling opportunity for investors seeking strong rental potential in central Athens.
Starting Price: €190,000 | Expected Rental Return: ~6% | Delivery: 12 Months
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 | Reserved |
| 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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