Engel & Völkers
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Investment Serviced Apartments (Moschato) : Ap. 307-308

€290,000

Development project

Investment Serviced Apartments (Moschato)

  • 54 m² Total surface

Description

A unique investment opportunity with an annual gurantee return 4%. For this project, Greek golden visa through investment of the minimum threshold (250.000 €) is available. The building is spread over three levels (ground floor - 1st - 2nd floor) and consists of 59 fully furnished and equipped apartments, each with a balcony. “Moschato Project” is one of the first residential campuses in Athens, an innovative living and working complex at the same time, specially designed for young professionals and students. Apartment 307-308, with a total surface of 53.83 sq.m. is located on the 2nd floor. The open plan layout of the apartment offers a fully equipped space with a bed, sofa, flat screen TV, kitchenette and a separate toilet. The flooring is vinyl, offering durability and ease of maintenance. The heating and cooling system is centralized VRF, providing efficient temperature regulation throughout the apartment while the hot water (DHW) system is also centralized, using heat pumps. Residents can access the apartment either by stairs or lift and each apartment has a balcony with views to the front street. In addition, there is laundry space per floor outside the apartment. Finally, residents can enjoy the project's facilities, such as cinema, co-working spaces, lounge and gym. The communal reception is available 24/7 and security is guaranteed throughout the day. The project is an excellent investment opportunity with an annual return of 4%, along with an annual rent increase ranging from 1% to 3%, creating a stable and sustainable income for investors. Those who acquire one or more apartments enjoy guaranteed monthly rental income, with 100% occupancy of the units throughout the year. In addition, there is no contribution to operating or management costs, as all management requirements are borne by the tenant. Its key location, just 75 m. from the nearest train station (“Moschato”), with easy access to transport to and from the commercial center of Athens (4.5 km from Acropolis) as well as its proximity to the local market, combined with its modern aesthetics, quality construction and guaranteed investment return make "Moschato Project" a one-of-a-kind project. The delivery of the property is expected in December 2025.

Features
Air conditionBalconyBuilt-in kitchenSecurity systemElevatorBuilt in wardrobeGymFurnished
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Engel & Völkers MMC Greece

Your advisor: Athina Vakali

Property ID: W-02WMFW

Property details

Object type

Flat

Condition

Top

Floor

2

Total surface

54 m²

Energy efficiency information

Construction year

1983

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Consumption certificate

Energy source

Central heating, Heat pump

Location: Moschato, Decentralized Administration of Attica

Location:The project is located just 75m from the train station "Moschato", 1.29 km from Poseidonos Avenue, 6.14 km from the port of Piraeus, 8.94 km from the center of Athens and 45.76 km from the national airport "El.Venizelos". Unique features: Moschato is ideally located between the center of Athens and Piraeus, just 3 km away from Syntagma Square, Acropolis, Plaka and Flisvos Marina. Traditionally a family-oriented and authentic neighborhood, Moschato has recently been upgraded with the renovation of the Flisvos Marina and the sophisticated Stavros Niarchos Cultural Center, which houses the National Opera and the National Library. The proximity of Moschatos to the port of Piraeus is an additional advantage. Accessibility: Easy and regular access to the city centre by tram, bus and metro. The airport is 45 minutes away, while the port of Piraeus is 15 minutes away. Investment potential: Moschato is an up-and-coming neighborhood with increasing market demand.

Floor plans (3)

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Investment Serviced Apartments (Moschato)

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Apartments for sale in Moschato

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Engel & Völkers MMC Greece

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Provider:

EV MMC Greece S.A.

Commission details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and registration fees shall be paid by the purchaser. The commission shall be paid by the seller and /or the buyer depending on the brokerage agreements in place.

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