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290 000 €
290 000 €
| Sale price | 290 000 € |
| Price per square meter | 8 787.88 € |
| Floor area | 33 m² |
| Floor | 3 |
| Number of storeys | 8 |
| Total number of rooms | 1 |
| Address | Greece, Pireas |
| Location | at the seaside, within the city |
| Type | Single-room Apartment |
Luxury branded serviced apartments! The project is located in Piraeus (Athens) directly opposite the marina. - one of the best marinas in the Mediterranean. It will operate as a luxury hotel of a world-famous brand. The result of collaboration with the famous architect Jean-Pierre Heim. This is a reconstruction of the building, with a magnificent residential complex, which consists of 64 apartments of different sizes, some with sea views, as well as reception areas, a spa and a gym.
One of the 5 leading international hotel brands will provide a franchise, its own management company will take over the full operation of the building for 10+5 years. In this project, the investor will receive 7,200 euros per year guaranteed for any apartment he chooses, and the rest of the income will come from the profit of the building. According to the business plan, the estimated return will be from 4 to 5% from the first year and will increase significantly over the years. The project will be completed in September 2025.
