Engel & Völkers

Development project

Serviced Apartments Investment

€324,000
  • 32 Residential units
  • 5 Units for sale
  • Completion expected January 2025

Equipment and special features of this development project

A unique residential building by Astrea International Properties combining high end design and ultra premium amenities located in Loutraki coast , literally 10 steps from the beachfront. The building extends over four floors and includes 32 fully furnished luxury apartments with balconies. Starting from the elaborate lobby with its modern design and reaching the rooftop terrace offering a breathtaking view to the sea, the residents can also enjoy all amenities : gym, open lounge, rooftop pool with tanning beds and smart security. Types of apartments: - 16 Luxury Sea View Apartments - 16 Luxury Mountain View Apartments A great investment opportunity as the property can be used as a holiday home and at the same time as a source of additional income. *Return of Investment (ROI) : 7,5% - 8% after management services **The building permit is currently in progress

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Engel & Völkers MMC Greece

Your advisor: Filippos Nikolakopoulos

Project ID: D-000J1M

5 Units for sale

Loutraki, Decentralized Administration of Peloponnese, Western Greece and the Ionian, Greece

Azure Sea View Apartment

€474,300

Loutraki, Decentralized Administration of Peloponnese, Western Greece and the Ionian, Greece

Emerald Sea View Apartment

€469,000

Loutraki, Decentralized Administration of Peloponnese, Western Greece and the Ionian, Greece

Pearl Sea View Apartment

€422,700

Loutraki, Decentralized Administration of Peloponnese, Western Greece and the Ionian, Greece

Seaside Apartment A

€408,450

Loutraki, Decentralized Administration of Peloponnese, Western Greece and the Ionian, Greece

Seaside Apartment B

€324,000

Location: Loutraki, Decentralized Administration of Peloponnese, Western Greece and the Ionian

Location: Loutraki is located in the northeastern Peloponnese, in the area of Corinthia. Unique Features: The prefecture has a variety of destinations ideal for summer and winter getaways. Corinthia is characterized for its rich diversity as it perfectly combines mountain, nature and sea escapes while it has a rich history and culture. A trademark of the prefecture of Corinth is the Corinth Canal, an impressive project that is navigated every year by more than 15,000 ships. Important cities of the prefecture are Corinth, Loutraki, Xylokastro, Agii Theodoroi and Kiato. Accessibility: Access to Corinthia is easy and can be done by car through the existing road network, and is only 84 km away from Athens and 132 km from Patras. Furthermore, long-distance buses provide regular services to most areas of the prefecture and there is a railway connection between the prefecture of Corinthia and Athens. Investment Opportunity: Greece is one of the most popular holiday destinations in the world, with the prefecture of Corinthia being in particularly high demand and becoming an increasingly attractive destination for investors in winter and summer.

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Engel & Völkers MMC Greece

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Provider:

EV MMC Greece S.A.

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