Apartment, 37m², Peiraias - Kentro (Piraeus), 250.000 €

This contemporary residential development is located in Piraeus, one of the most strategically important urban and maritime hubs of Greece. The property comprises a five-storey residential building with a total of 47 apartments, designed to address modern urban living needs while benefiting from strong infrastructure, transport connectivity, and ongoing large-scale urban regeneration.Building Composition & Unit MixThe development consists exclusively of 1- and 2-bedroom apartments, with internal living areas ranging from 37 sq.m. to 57 sq.m. Each unit is designed with an open-plan layout, prioritizing functionality, efficient use of space, and natural light. All apartments benefit from private balconies, enhancing livability and indoor–outdoor flow.Ground-floor units enjoy views to a private internal garden, providing a quieter and more insulated living environment within the dense urban fabric. Upper-floor apartments feature larger balconies, while the top floors offer increased privacy and open outlooks.The unit distribution is diversified across all floors (Ground to 5th floor), supporting flexibility in pricing, target audience, and exit strategies. Total apartment sizes, including balconies, extend up to approximately 86 sq.m., depending on unit configuration.Architectural & Lifestyle CharacteristicsThe building follows a modern architectural language, combining clean lines with durable materials suitable for long-term residential use and asset management. Emphasis is placed on:Abundant natural lightFunctional layoutsPrivate outdoor spacesUrban privacy where possibleThe development targets young professionals, couples, small families, and rental-oriented investors, balancing owner-occupation appeal with strong leasing fundamentals.Location & ConnectivityThe property is positioned in a highly accessible area of Piraeus, benefiting from proximity to key transport nodes and daily amenities:Piraeus Port: approx. 1.4 kmMetro Station (Piraeus): approx. 1.4 kmPiraeus Railway Station: approx. 1.2 kmBus stops: within 270–350 mAthens International Airport: approx. 32 kmDaily conveniences such as supermarkets (e.g. Lidl at approx. 1.1 km) are within easy reach.Cultural, Educational & Recreational ContextThe surrounding area offers access to a dense network of cultural, educational, and recreational landmarks:Municipal Theatre of Piraeus: approx. 1.5 kmInternational School of Piraeus: approx. 1.1 kmPeace & Friendship Park: approx. 1.2 kmMikrolimano waterfront: approx. 1.7 kmMarina Zeas: approx. 3.2 kmMajor cultural institutions and museums: within 4–7 kmCentral Athens & Acropolis: approx. 7 kmFitness centers, sports facilities, hospitals, and leisure destinations are all located within short driving or walking distance, reinforcing the area’s appeal for both residents and tenants.Market Context & Investment EnvironmentPiraeus is undergoing one of its most significant transformation phases in decades, supported by:Metro extensions and transport upgradesPort expansion and cruise tourism growthMixed-use, residential, hospitality, and serviced apartment developmentsPublic realm improvements and infrastructure investmentsMultiple large-scale developments are underway or nearing completion in the immediate vicinity, including:A major mixed-use urban redevelopment with 600+ residential units and 250+ serviced apartmentsA premium serviced apartment complex near the marina (€25M+ investment)A hotel-serviced apartment development within 150–200 meters (2-minute walk), scheduled for completion in 2026These developments are expected to:Increase housing and rental demandImprove neighborhood profile and street-level activitySupport long-term capital appreciationStrengthen liquidity for both resale and rental exitsStrategic PositioningThe asset benefits from:Direct adjacency to multiple demand drivers (residential, hospitality, serviced apartments)A neighborhood in continuous upgradeRising rental yields and occupancy levelsIncreasing domestic and international investor interestLong-term market stability supported by diversified user profiles