Project Description

Damala 48 is located in the Piraeus district of Athens, in a quiet and sparsely populated area. Piraeus is the largest Mediterranean port in terms of passenger traffic and commercial activity, often seen as a transit point to the Aegean islands for many Athens visitors. A coastal walk from the metro station will take you along the harbor, past the lion statue at its entrance and the Naval Academy further down, leading to Peiraiki and Zea Marina, and finally to the picturesque Mikrolimano. The famous “Lipasmata” factory in Drapetsona has been converted into a park overlooking the sea and the port entrance, where you can watch the big ships entering the port. The project consists of eight levels, offering six one-bedroom apartments and one one-bedroom maisonette.

Project Features:

• Energy Efficiency: A
• Heating: Autonomous Gas & A/C
• Sanitary Ware: Grohe
• Kitchens: European Standard
• Delivery: 2nd Quarter of 2026

Price Range:

Apartment prices range from €285,000 to €370,000.

Information on Greece’s Golden Visa

The Greece Golden Visa program grants residency to investors and their families who invest a minimum of €250,000 in real estate. This residency permit allows free travel within the Schengen zone and is valid for five years, renewable thereafter. The program also offers the possibility to apply for Greek citizenship under certain conditions.

Why Invest in This Project?

1. Strategic Location: Damala 48 is situated in Piraeus, Athens’ key port area, providing easy access to the city center and tourist hotspots.
2. High Rental Potential: Piraeus, with its constant influx of tourists and intense commercial activity, ensures a high rental yield for your investment.
3. Energy Efficiency: The project boasts A-class energy efficiency, ensuring low energy consumption and consequently, lower operational costs.
4. Golden Visa Opportunity: Investing in this project qualifies you for Greece’s Golden Visa program, offering free movement within the Schengen area and the opportunity to apply for Greek citizenship in the long term.

Overview

The following are the key features of the property: