Engel & Völkers

Development project

Serviced Apartments (Metaxourgeio)

€125,000
  • 11 Residential units
  • 9 Units for sale

Equipment and special features of this development project

A gateway to a lucrative investment in the vibrant heart of Athens, the Metaxourgeio area, this stylish off-plan project promises not just a stylish living space but a golden income opportunity through short-term tourism rentals. This 11 apartments project, situated in the artistic Metaxourgeio area, very close to the Metro Station of the same name, in a recently developing neighborhood, it offers proximity to an array of newly developed cafes and restaurants, as well as access to the heart of Athens’ theatrical scene. Key Features of the project: Modern Living - The project consists of : 2 spacious duplex apartments of 57 and 65 sqm deployed in two levels, 8 sleek open space apartments of 22 to 38 sqm, and a penthouse of 82 sqm with exclusive use of the terrace and jacuzzi, meticulously designed to maximize comfort and functionality. Parking space - The majority of the project’s units (7/11) come with their own secure parking space at the basement of the building, so you don’t have to worry about your car! With Athens being a top destination for tourists year-round, this off-plan apartment offers a hassle-free investment opportunity (property management will be conducted by a local company) with high occupancy rates and attractive returns on investment of 7% up to 9%, while enjoying the benefits of property ownership in one of Europe's most sought-after locations. Plus, as an owner you get 2 weeks of free residency per year and a discount for more days to stay! Whether you are looking for your urban vacation home or seeking a profitable addition to your portfolio, this apartment ticks all the boxes!

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Engel & Völkers MMC Greece

Your advisor: Athina Vakali

Project ID: D-000LEO

9 Units for sale

Athens, Attica, Greece

Magnificent Luminous Penthouse with two bedrooms

€420,000

Athens, Attica, Greece

Duplex with exclusive use of backyard

€260,000

Athens, Attica, Greece

Duplex with facade view

€215,000

Athens, Attica, Greece

C2 Apartment with front view and balcony

€160,000

Athens, Attica, Greece

A2 Open space room with front view and balcony

€130,000

Athens, Attica, Greece

B1 Open space room with front view and balcony

€130,000

Location: Athens, Decentralized Administration of Attica

Location: Metaxourgeio is a district in the northwestern part of the center of Athens. Unique features: During the recent years, several areas of the district have been upgraded due to the general redevelopment of Metaxourgeio. A special feature of the area are the magnificent neoclassical buildings as well as the picturesque pedestrian streets hidden in its alleys which testify its long history. The area is gaining a reputation as an artistic and modern neighborhood due to the galleries, museums, the restaurants and the cafeterias that have opened in recent years. The heart of the neighborhood is “Avdi Square”, which attracts residents and visitors who really enjoy the green part of the district. Moreover, “Avdi Square” hosts a variety of festivals. Accessibility: Metaxourgeio extends over the area defined by Konstantinopoulos and Deligiannis Avenues and Deligiorgi, Agios Konstantinou, Panagi Chaldari (Piraeus) and Salaminos Streets. It covers Gazochorio, Kerameikos, the wider area of Omonia Square, Platonas Academy and Kolonos.It is crossed by the underground railway network of OSE. Metro Line 2 passes through Metaxourgeio and the area is served by Metaxourgeio Station. Investment potential: Metaxourgeio is included in the Athens Archaeological Sites Consolidation Programme (1998) and as a result it is now of particular investment interest.

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Engel & Völkers MMC Greece

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EV MMC Greece S.A.

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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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