Applicable for an investment under
the new golden visa rules
250,000 Euro minimum
An apartment in an industrial converted building
The project
*Urban regeneration/renewal by converting an industrial building into 25 modern apartments eligible for the Golden Visa program in Greece, at the 250,000 Euro threshold.
*Complete renovation internal and external.
New electric, new plumbing, new kitchens, built in cupboards and modern heating
and cooling systems.
*Offering a verity of apartments, from 58-92 sqm. All have at least two bedrooms
and a full bathroom & a balcony.
*Some have gardens and some have an additional Multipurpose room.
*Some of the apartments are with high ceilings – “Loft” style.
*All units are safety compliant with fire alarms.
*The building will be equipped with an elevator.
Timetable:
Vertical and horizontal division will be completed by 3/2025 so units can be sold from this date.
The final construction will be completed by 9/2025.
After sales services:
*full "after sale" services and property management.
*Leasing services including screening tenants and checking references, income, and credit history to find reliable tenants.
*water and electricity meter set up.
*Insurance set up.
*Maintenance services per unit as needed and handling on going maintenance and cleaning of the common areas.
*rent collection – Expected to be 600-700 euro per month.
*24/7 tenant call center for any issue.
furniture pack:
In Addition to the individual apartment price as described bellow, we offer a full furniture pack, including kitchen appliances, beds, sheets and living room furniture, and down to the spoons and forks in the draws & soap in the shower. Prices vary depending on the size of the apartment and the scope of furniture required, generally ranging from 8,000-20,000 Euro.
Please let us know this point once we are ready to get going.
In addition, we offer:
*The expected rent per unit is around 650 Euros per month. For the first two years we offer a guarantied rent income corresponding to 3% of the investment amount, if the unit will be leased. This guarantied payment will commence from the date the buyer receives the key to the newly constructed apartment (“key day”)
*For the first two years from the “key day”, we offer free property management.
*From the third year onwards, we offer full property management at 30% from actual income or at a fixed monthly price.
Phase 1 Pre-sale: 9 units available – start date 15/1/2025
*The first phase building has 4 levels. 5 Maisonette on levels 1&2 and 4 apartments on level 4. The 4th level apartments each have an additional detached multipurpose room on level 3. Upon the final agreement the 1st level will be described as basement, the 2nd & 4th level will be described as main living and the 3rd level will be described as secondary use.
*A deposit of 10% is required to secure any specific apartment
*Be the first to get your preferred unit now !!!
About Patras: Why Patras is an ideal place to live & invest
Patras, the third-largest city in Greece & the largest city in the Peloponnese, with a population of approximately 220,000 residents. It is an important economic and cultural center, welcoming more than 800,000 tourists annually.
Additionally, the city is home to “The University of Patras”, one of the largest institutions in Greece, with over 30,000 students, many of whom are international. This makes Patras
a dynamic "student city" with year-round activity, contributing to its vibrant character.
Patras offers a unique combination of lifestyle, culture, and connectivity that makes it a highly appealing place to live and invest. Strategically located, Patras serves as a hub to Italy via ferry connections, opening access to a broader European network.
It is only an 1:30 hours drive from Athens. Patras has some incredible beaches, perfect for relaxation and water sports,
as well as an amazing nightlife scene, making it a favorite destination for both residents and visitors.
From casual dining to gourmet restaurants, Patras offers a variety of culinary options, reflecting both local and international flavors.
Its central location in Greece is another key advantage for those who wish to travel easily around the country. Patras is well-connected to major cities such as Athens and Thessaloniki, allowing residents to explore the wider region with ease.
Whether for work, study, or leisure, living in Patras provides a balanced lifestyle between modern urban convenience and natural beauty, making it an attractive destination for international residents.
