L124 PROJECT | GOLDEN VISA INVESTMENT OPPORTUNITY – NIKAIA, PIRAEUS Two Independent Apartments Per Floor – €260,000 per Floor | Golden Visa Eligible
The residence
GOLDEN VISA INVESTMENT OPPORTUNITY – NIKAIA, PIRAEUS
Two Independent Apartments Per Floor – €260,000 per Floor | Golden Visa Eligible
An attractive Greek Golden Visa investment opportunity in Nikaia, Piraeus, offering investors the possibility to acquire two independent residential apartments per floor within an existing building.
The project involves the conversion of an existing building originally constructed under a building permit issued in 2000, comprising a total of 10 independent residential apartments distributed across five floors.
Each floor consists of two separate residences, offering an interesting combination of residential property ownership and long-term rental income potential.
APARTMENT CONFIGURATION
Each floor features two independent residential units:
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One-Bedroom Apartment: Approximately 55 sq.m., featuring a separate bedroom and a comfortable living area.
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Studio Apartment: Approximately 37 sq.m., offering a practical open-plan layout.
Golden Visa Investment Package: €260,000 per Floor
Each floor is offered as a combined investment package consisting of both apartments, with an approximate total area of 92 sq.m.
The acquisition includes two independent residential units under one investment package, providing flexibility for personal use or separate long-term rental arrangements.
Important: The apartments are offered without renovation. Buyers should take into consideration the property's existing condition and the renovation or finishing works required.
Note: Apartment sizes are approximate and may be subject to final architectural plans and measurements.
LOCATION – NIKAIA, PIRAEUS
Nikaia is an established residential district in the greater Piraeus area, offering convenient access to public transportation, commercial facilities, educational institutions and everyday amenities.
The area has become an increasingly interesting residential and investment destination, particularly following the expansion of Athens Metro Line 3, which has significantly improved connectivity with central Athens and the wider Piraeus region.
Connectivity and surrounding amenities:
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Metro Line 3: Access to Nikaia Metro Station, connecting residents with central Athens, Syntagma, Monastiraki, Athens International Airport and Piraeus.
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Piraeus Port: Convenient access to Greece's largest passenger port, with ferry connections to the Greek islands.
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Nikaia Commercial Centre: Local shops, supermarkets, cafés, restaurants, bakeries and everyday services.
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Healthcare: Access to healthcare facilities and medical services in Nikaia and neighbouring Piraeus.
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Education: Schools, educational institutions and university facilities in the wider Piraeus area.
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Green Spaces and Recreation: Local parks, squares, sports facilities and cultural venues.
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Neighbouring Areas: Easy access to Korydallos, Keratsini, Agios Ioannis Rentis and central Piraeus.
Nikaia offers an appealing alternative to more expensive central Athens neighbourhoods while maintaining access to the capital's commercial, business and transportation network.
RENTAL INCOME POTENTIAL
One of the strongest investment characteristics of this project is its two-unit configuration per floor.
Rather than acquiring a single larger apartment, investors receive two independent residences that can potentially be rented separately after the necessary renovation and preparation works.
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55 sq.m. One-Bedroom Apartment: Suitable for couples, professionals and small households.
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37 sq.m. Studio: Suitable for students, young professionals and individuals seeking practical accommodation close to public transportation.
This configuration offers the potential for two independent long-term rental income streams from each floor.
Nikaia benefits from an established residential rental market, supported by its metro connectivity, proximity to Piraeus, local commercial activity and comparatively accessible housing costs.
The combination of different apartment sizes allows investors to target different tenant profiles and diversify their rental strategy.
WHY THIS PROJECT STANDS OUT
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Golden Visa eligible investment – €260,000 per floor.
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Two independent residential apartments per floor.
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Approximately 92 sq.m. combined area per floor.
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10 apartments distributed across five floors.
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One-bedroom apartments and studios with different rental target groups.
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Potential for two independent long-term rental income streams per floor.
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Existing building with an original building permit issued in 2000.
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Established residential neighbourhood with metro connectivity.
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Opportunity to renovate and configure the apartments according to the investor's preferences.
A GOLDEN VISA INVESTMENT OPPORTUNITY IN PIRAEUS
An interesting opportunity for international investors seeking Greek Golden Visa eligibility combined with residential property ownership and long-term rental prospects.
With two independent apartments included in each investment package, this project offers a flexible residential investment structure in Nikaia, one of the established neighbourhoods of the greater Piraeus area.
What's included
Property
- Type
- Development project
- Status
- Available
- Levels
- 1
- Living rooms
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- WC
- 0
- Balcony
- No
Building & systems
- Year built
- 2000
- Building floors
- 5
- Elevator
- Yes
- Heating
- Autonomous
- Heating type
- Electricity
- Cooling
- AirCondition
- Energy class
- A
- Storage
- No
- Furnished
- No
- White goods
- No
Financial
- Property price
- €260,000
- Golden Visa tier
- Tier 01 · €250k
- Listing type
- For sale
- Availability
- Available
- Investment property
- Yes
Investment highlights
- Eligible for the Greek Golden Visa Programme at the €250,000 threshold.
- Elevator access in the building.
Nikaia
We share the exact address with serious buyers at the viewing stage.
- MetroΝίκαια650 m10 min walk
- MetroΜανιάτικα900 m14 min walk
- MetroKorydallos1.4 km4 min drive
- International schoolHellenic-French School Jeanne d'Arc2.4 km6 min drive
- UniversityUniversity of West Attica - Campus 23.1 km8 min drive
- AirportAthens International Airport27 km30 min drive
This residence and the Greek Golden Visa
This residence qualifies under the restoration & conversion tier — listed buildings undergoing restoration, or commercial buildings converting to residential. The €250,000 entry remains available for exactly this kind of property, anywhere in Greece.
What you get
- Five-year EU residency permit
- Family included — spouse, children up to 21, both sets of parents
- No physical-stay requirement in Greece
- Visa-free travel across the Schengen Zone
- Path to citizenship after seven years
See every cost beyond the property price.
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