FOR SALE

Analytical Property Overview – Residential Development in Piraeus, Athens

Piraeus, Piraeus, Kaminia
250.000 €
6.756,76 € / sq.m.

Description

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 Mix

The 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 Characteristics

The 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 light

  • Functional layouts

  • Private outdoor spaces

  • Urban privacy where possible

The development targets young professionals, couples, small families, and rental-oriented investors, balancing owner-occupation appeal with strong leasing fundamentals.

Location & Connectivity

The 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 km

  • Metro Station (Piraeus): approx. 1.4 km

  • Piraeus Railway Station: approx. 1.2 km

  • Bus stops: within 270–350 m

  • Athens International Airport: approx. 32 km

Daily conveniences such as supermarkets (e.g. Lidl at approx. 1.1 km) are within easy reach.

Cultural, Educational & Recreational Context

The surrounding area offers access to a dense network of cultural, educational, and recreational landmarks:

  • Municipal Theatre of Piraeus: approx. 1.5 km

  • International School of Piraeus: approx. 1.1 km

  • Peace & Friendship Park: approx. 1.2 km

  • Mikrolimano waterfront: approx. 1.7 km

  • Marina Zeas: approx. 3.2 km

  • Major cultural institutions and museums: within 4–7 km

  • Central Athens & Acropolis: approx. 7 km

Fitness 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 Environment

Piraeus is undergoing one of its most significant transformation phases in decades, supported by:

  • Metro extensions and transport upgrades

  • Port expansion and cruise tourism growth

  • Mixed-use, residential, hospitality, and serviced apartment developments

  • Public realm improvements and infrastructure investments

Multiple 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 apartments

  • A 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 2026

These developments are expected to:

  • Increase housing and rental demand

  • Improve neighborhood profile and street-level activity

  • Support long-term capital appreciation

  • Strengthen liquidity for both resale and rental exits

Strategic Positioning

The asset benefits from:

  • Direct adjacency to multiple demand drivers (residential, hospitality, serviced apartments)

  • A neighborhood in continuous upgrade

  • Rising rental yields and occupancy levels

  • Increasing domestic and international investor interest

  • Long-term market stability supported by diversified user profiles


Information

  • Code: 1-1016
  • Area: 37 sq.m
  • Rooms: 1
  • Living Room: 1
  • Kitchen: 1
  • Bathroom: 1
  • Floor: Ground floor
  • Building Type: Terraced
  • Status: Renovated
  • Year of manufacture: 1976
  • Available from: 22-01-2026
  • Last Updated: 25-01-2026

Additional

  • Open-plan living room
  • Elevator
  • A/C
  • Painted

Energy Class

A+

A

Β+

B

Γ

Δ

Ε

Ζ

Η

Map

Contact Information

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