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High-Yield Serviced Apartments in Prime Athens Location – Ideal for Greece Golden Visa Investors

Athens, Greece

Property Details

Athens, Greece
The Moschato Project is a unique serviced apartment complex in Athens, offering high-return investment opportunities. These fully furnished, move-in-ready apartments provide flexible solutions for short, medium, and long-term stays. Designed to meet the growing demand for accommodation in Athens, the apartments are ideal for students, young professionals, tourists, and executives. Investment Advantages:High Returns: The project offers a guaranteed investment return starting at 4.2% annually. With long-term leases to the management company, investors secure a steady and reliable income. • Turnkey Investment: The project covers all operational expenses for tenants, freeing investors from any operational responsibilities, ensuring a clear annual net income. • Prime Location: The project is located near a metro station, universities, Fortune 500 companies, and Athens city center. It is also just a few kilometers from Piraeus Port and the famous Acropolis. Project Details: • The complex consists of 110 serviced apartments, spread across three floors, offering common areas such as workspaces, a gym, and a cinema/lounge. • Completion Date: Q4 2025. • Average Apartment Size: 23 m². Investment Opportunities:Greece Golden Visa: With a minimum investment of €250,000, you can obtain a residence permit in Greece. The project, having been converted from commercial to residential status, is eligible for the Golden Visa program. The Moschato Project offers a unique opportunity for investors in Athens, creating modern living spaces with the serviced apartment concept. A high-performing investment product for both local and international investors, this project delivers reliable income streams and long-term returns.
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    Frequently Asked Questions

    Can foreigners buy property in Greece?
    Yes, foreigners can buy property in Greece. However, for non-EU citizens, some restrictions may apply in border or military areas, but in most parts of Greece, including cities like Athens and islands, there are no restrictions.
    What is the process of purchasing property in Greece?
    The process typically includes finding the right property, signing a preliminary agreement, performing legal and technical due diligence, and completing the purchase by signing the final contract in the presence of a notary. It’s essential to hire a lawyer and notary to guide you through the process.
    What additional costs should I expect when buying property in Greece?
    Besides the purchase price, additional costs include a 3% property transfer tax, legal fees, notary fees (approximately 1-2%), and registration fees at the Land Registry, along with any real estate agent commissions, which are usually around 2-3%.
    Can I obtain a Greek Golden Visa by purchasing property?
    Yes, non-EU citizens can obtain a Greek Golden Visa by investing at least €500,000 in real estate. The Golden Visa grants residency in Greece and visa-free travel within the Schengen Area.
    Is financing available for foreign buyers in Greece?
    While some Greek banks may offer mortgages to foreign buyers, it can be challenging for non-residents to obtain financing. The terms and conditions depend on the bank and the buyer’s financial background. Many buyers choose to purchase property in Greece using cash.