Investment Property – Serviced Apartments Complex

Athens City Center, Greece

A four-storey building comprising 20 fully furnished serviced apartments, operating successfully as short-term rentals (Airbnb model) since April 2024, is offered for sale in the center of Athens.

The project is inspired by the philosophy of Socrates, creating a distinctive identity that connects modern urban living with Ancient Greek heritage. Selected Socratic quotes are integrated into the interior spaces, enhancing the guest experience and strengthening the property’s brand character.

Asset Overview

• Four-storey residential building

• 20 independent apartments

• No parking

• Operational as Airbnb since April 2024

• Each apartment is a separate horizontal property

• Potential for individual resale of apartments

Areas & Common Spaces

• Basement Level 1: 29.90 sq.m

• Basement Level 2: 201.57 sq.m

  • 82.25 sq.m storage rooms

  • Remaining area: operational spaces

• Rooftop: 246.60 sq.m, fully arranged as a lounge area

Note:
At ground floor level, there are three small retail units with frontage on Veranzerou Street, which do not belong to the selling company.

Apartment Equipment & Furnishings

Each apartment is fully equipped and ready for immediate operation, including:

• Double or single beds with mattresses & bedside tables

• Sofa bed

• Samsung Smart TV

• Dining table with chairs

• Coffee table

• Wardrobes with hangers

• Fully equipped kitchen (stove, oven, hood, refrigerator, microwave, coffee machine, kettle, washing machine)

• Complete set of kitchenware and dishes

• Ironing board & iron

• Hair dryer

• Starry projector

• Outdoor balcony furniture (table & chairs)

• Full bedding set & towel set

• Fire extinguishers (also one per floor)

• First aid kits

• Safe box

In-House Laundry Facility (Basement)

The building features a fully integrated laundry cycle, significantly reducing operating costs:

• 2 semi-professional washing machines (Whirlpool)

• 1 professional washing machine (Fagor)

• 2 professional dryers (Whirlpool)

• 1 standard washing machine (Candy)

• Roller ironing machine (Singer)

• Large ironing boards & steam irons with steam generators

• Professional vacuum cleaners (Karcher)

Rooftop Lounge Area

• 3 outdoor furniture sets (armchairs & tables)

• Hanging chair

• 3 sun umbrellas

• Pergola with tent

Ground Floor Café (Leased)

• Area: 24.45 sq.m

• Direct access from street and building lobby

Key Investment Highlights

✔ Each apartment is an independent horizontal property
✔ Flexibility for future individual apartment sales
✔ In-house laundry significantly reduces operational expenses
✔ Proven short-term rental performance with repeat clientele
✔ Strong location with positive growth dynamics and rising property values
✔ Turnkey investment with established operational infrastructure