Property description

Piraeus, a port city with a fascinating and ancient history, full of life, has developed into a large international shipping and shipping center.

The port of Piraeus is the largest in Greece and the Mediterranean Sea, but also one of the largest in the world, both in terms of freight and passenger traffic. From 2020, the port of Piraeus is majority owned by COSCO with 67%.

Piraeus is at the center of the development of the Greek economy with both public works and investments as well as private investments (Cosco, Piraeus Tower, etc.).

In this area, very close to Gate E3 of the Port and close to the metro, a PHAROS project was created. A unique, award-winning in international competitions residential complex with ground floor store, recreation areas (swimming pool, stadium, playground, gym, etc.) underground garage and all modern infrastructure.

The initial permit was issued in 2009 and the building was completed in 2013. The total construction of the property is 18,000m2 on a plot of 1,800m2. It is developed in 3 basements with a total area of ​​5,622m2 ground floor, 1798m2, mezzanine 1.134m2, 1st floor 1.339m2, 2nd, 3rd, 4th, 5th floor 1.194m2 6th floor 1.125m2, 7th floor 1.047m2 and 8th floor 1.170m2 with roof views of the Acropolis, Lycabettus Sea, the sea and the whole basin. The heated areas have a total area of ​​9,001m2, the common areas 6,952m2 and the private balconies .2057m2.

The building includes

3 Stores (suitable for any use, total area: 3,148 m2 (Ground floor (net height 6.60 m): 993 m2, Optional mezzanine: up to 993 m2, Basement: 1,224 m2 (for storage or up to 42 underground parking spaces. 15 outdoor parking spaces

87 Apartments (12 studios 35-35m2, 30 apartments 1 bedroom 50-59 m2, 29 apartments 2 bedrooms 68-83 m2, 14 apartments with 3 bedrooms 93-114 m2) + an apartment used as the caretaker's apartment building + an apartment used as a visiting area.

98 car parking spaces 29 motor parking spaces 18 bicycle parking spaces.

The building is over 95% completed. And the final cost of completion is estimated at approximately 1,000,000 €

For all the above data the relevant documents are attached)

At the moment there is great interest in this property from Greek and foreign investors. There is also a business plan from the largest company in the world offering service operation of hotel apartments with an annual income for the first year 

Property Features

  • Parking
  • Playground
  • Business Centre
  • Swimming Pool
  • All Day Security

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