Engel & Völkers

Development project

Serviced Apartments Investment (Athens Center)

€202,708
  • 206 Residential units
  • 9 Units for sale
  • Completion expected January 2025

Equipment and special features of this development project

A unique complex designed for sophisticated urban living right in the heart of Athens enjoying superb views of Acropolis and the historic city center. With its 206 luxury apartments, it is the only tower in Athens that provides high end design, comfort, security, fun and returns, all in one location! A revival of a historical architectural gem transformed into a smart building adjusted to the contemporary needs offering a luxurious and innovative living experience at international standard through high end fully furnished apartments. The existing building is being remodeled from an office building, with stores on the ground floor, to a deluxe residential complex for discerning eyes, starting from the elaborate lobby with its breathtaking design with ceilings over 10 meters high, and continuing with the luxury residences and the incredible 360 view roof garden. Type of residences: - 4 Garden apartments (from 81,58 sq.m to 115,37 sq.m) - 45 Luxury apartments (48,80 sq.m to 63,69 sq.m) - 60 Grand luxury apartments (from 49,41 sq.m to 65,89 sq.m) - 82 Open space apartments and Penthouses (from 32,22 sq.m - to 63,69 sq.m ) - 4 Grand luxury penthouses (104 sq.m to 125,7 sq.m) The complex includes the following amenities for the comfort of residents: A gym, yoga salons, pools, a jacuzzi, a business lounge, meeting rooms and security giving a distinctly different residential experience just minutes from Omonia Square, at the heart of the Greek capital. This complex is situated and built on a corner site, with three basement floors, a ground floor and seven upper floors including an impressive 360-angle roof. On the rooftop, residents will enjoy a wonderful bar, a tanning corner, and a jacuzzi, creating a distinct vacation experience. 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. 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-000IZS

9 Units for sale

Athens, Decentralized Administration of Attica, Greece

Grand Garden Luxury Apartment

€637,152

Athens, Decentralized Administration of Attica, Greece

Grand Luxury Penthouse

€610,198

Athens, Decentralized Administration of Attica, Greece

Grand Super Luxury Penthouse

€610,198

Athens, Decentralized Administration of Attica, Greece

Garden Luxury Apartment

€448,830

Athens, Decentralized Administration of Attica, Greece

Luxury Apartment with Balcony

€368,417

Athens, Decentralized Administration of Attica, Greece

Luxury Apartment

€347,023

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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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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