9 Story Building | 768 sq.m. | 14 Apartments | 2 Commercial Units

14 VASILEIOU MAKEDONOS STREET | ATHENS | GREECE – PRICE: €1.990.000

Discover Eternal Traveler, a nine-story luxury complex with 14 modern apartments and two commercial units, perfect for investment. Located in the heart of Athens, just minutes from metro and train stations, this property offers exceptional amenities, including a rooftop lounge, gym, and outdoor garden. Newly reconstructed with high-spec features, it promises high returns for short and long term leases and Golden Visa potential. Secure a prime investment opportunity in a thriving location.

Investment Summary

The real estate market in central Athens is characterized by its exclusive properties and high demand, fueled by its rich cultural heritage, strategic location, and excellent connectivity. The market caters to a discerning clientele seeking modern luxury, innovative design, and unique investment opportunities.

• Price Trends: Prices in the area have demonstrated strong growth, with premium properties like Eternal Traveler maintaining their value due to their high-spec amenities and prime location.

• Buyer Demographics: The buyer profile typically includes affluent individuals, international investors, and those seeking high-yield investment properties in a vibrant urban setting. Additionally, the presence of established hotel chains such as Novotel and other nearby hotels highlights the interest from hospitality industry leaders looking to capitalize on the prime location and lucrative potential of properties like Eternal Traveler.

• Supply and Demand: The supply of modern, high-end properties is limited, preserving the area's exclusivity and leading to a competitive market environment, particularly for properties offering unique, well-appointed living spaces.

Financial Analysis: Properties in this area often command premium rental pricing due to their luxurious features and up-and-coming location. Potential investors should consider the robust short-term rental market in central Athens, with occupancy rates reaching more than 85% and average nightly rates between €100 and €300. Additionally, the property offers significant potential for long-term value appreciation, driven by annual appreciation rates averaging more than 5%. The unique features and sustainable reconstruction of Eternal Traveler enhance its desirability, ensuring a sound investment with both substantial short-term rental income and long-term asset growth.

Investment Projections

Eternal Traveler is an ideal investment for short-term rentals or hotel-style leases, especially with Athens' thriving tourism and digital nomads market. Use this tool to project your potential returns and see how your investment can grow. Plus, remember that this calculation focuses on residential units, leasing the commercial properties separately can further boost your overall returns, making this opportunity even more lucrative

Floor Plans

Eternal Traveler's layout is a masterclass in modern design, spread across nine meticulously planned levels. This high-spec complex offers 14 exquisite apartments, ranging from chic studios to spacious two-bedroom units. Each apartment features open-plan kitchen, stylish living areas, and private balconies, ensuring a blend of comfort and functionality that meets contemporary living standards.

The complex isn't just about individual apartments; it’s about a community experience. Residents can unwind in the rooftop lounge, stay fit in the gym, or enjoy the unique ambiance of the indoor waterfall bar. These luxurious shared amenities elevate the living experience, providing both convenience and a touch of elegance.

In addition to the residential units, Eternal Traveler includes two versatile licensed commercial spaces of 54 sq.m. and 30 sq.m. These can be leased separately or transformed into a lobby, reading lounge, or co-working space, adding further appeal and functionality to this exceptional property.

Property Details

Photo Gallery

Explore Eternal Traveler: An Unmatched Urban Living Experience

Step into a world of contemporary design, luxury living, and unparalleled sophistication. Our modern apartments offer a perfect blend of functionality, innovation, and elegance, ensuring an exceptional living experience for our tenants. Discover the exquisite interiors, state-of-the-art amenities, and prime location that make Eternal Traveler a standout choice for both residents and investors.

Each photo captures the essence of what makes this property unique – from the meticulously designed living spaces to the inviting communal areas.

Location

Experience modern living in Athens at our new 9-level building complex, featuring 14 luxurious apartments and 2 ground floor commercial units.

Address

14 VASILEIOU MAKEDONOS STREET, ATHENS, 10439

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All figures, including area sizes and investment calculations, are provided as a guide and are approximate. Official details are in the property contracts, and investors should perform their own due diligence. Our company assumes no liability for any discrepancies or financial outcomes based on this information.