The positioning
Between the city and the sea
Neos Kosmos holds a precise position in Athens. The historic centre — Syntagma, the Acropolis, the ancient agora — lies 2.9 kilometres north. The Athenian Riviera coastline extends south, reachable by tram from the building entrance. Three metro stations serve the wider neighbourhood. This dual axis is what defines the investment thesis: you are not choosing between the city and the coast. You have both.
Location
Peiraios corridor, Neos Kosmos
The district
Neos Kosmos — an address shaped by daily life
appreciation · Athens
station
within 1.1km
limited supply
Neos Kosmos is not a tourist district. It developed as a residential area for permanent Athens residents, and that character has held. Streets are active with local commerce — cafés, bakeries, services, pharmacies 240 metres from the entrance. The absence of short-term tourism pressure means vacancy tracks structural demand: working residents, university-adjacent long-term tenants, diplomatic staff. That pattern produces the kind of occupancy that does not depend on a season.
Athens residential property has returned 7–10% annual price appreciation in recent years. That figure is driven by the same forces that make Neos Kosmos a durable address: insufficient residential supply, strong internal migration into Athens, and foreign buyer demand that has not yet reached the price levels seen in coastal and island markets. The entry point here is a fraction of what comparable access to city infrastructure costs in western Europe.
Investment summary
The numbers
| Starting price (per unit) | from €250,000 |
| CAPEX | €0 — turn-key delivery included |
| Total investment (min.) | €250,000 |
| Gross annual income (min.) | from €7,500 / unit |
| Gross rental yield | ~3% |
| Payback period | ~33 years |
| Athens price appreciation (recent) | 7–10% per year |
Expected yield and income are based on 3% gross return on purchase price. Not guaranteed by the developer. Income scales linearly with unit price — a €300,000 unit generates ~€9,000 / year gross.
Athens residential property values have shown 7–10% annual appreciation in recent years. Capital growth is separate from rental yield and is not guaranteed. Entry at €250,000 positions this investment well below the price levels at which comparable metro-adjacent assets trade in Western Europe.
Building
5 floors · 10 apartments
37 m² internal · 30.90 m² private rooftop terrace · total 67.90 m² · 1-bed / 1-bath. The only unit in the building with a private outdoor terrace of this scale.
Six apartments across three identical floors. Each floor has two layouts: 35.60 m² with 1 m² balcony, and 31 m² with 2.90 m² semi-balcony.
Three ground-floor units including I1, a two-storey duplex at 53.17 m² with semi-balcony. I2 and I3 have private garden access.
Turn-key delivery. Energy class A. Optional furnished packages available per unit type. No parking on ground floor units; upper floors by arrangement.
Specification
Built to energy class A standard
Golden Visa
EU residency through property — from €250,000
Cosmo I units from €250,000 qualify under the current Athens Zone B threshold — 68% below the €800,000 level applied to Athens Zone A and the most sought-after island markets. EU residency and a centrally located income-generating asset, at the minimum qualifying entry price.
Kosmos
Request the full investment file
Financial model, legal documentation, Golden Visa compliance overview, and unit selection guide — available on request. We respond within one business day.
Request information