Investment property
Academic Quarter Residences
Patision Avenue, Exarcheia
The investment case
Three reasons this building works
Structural demand
Income from institutions, not tourists
Four major universities within 1 km. Seven embassies in the neighbourhood. Academic and diplomatic tenants sign year-long leases. No seasonal vacancy, no platform dependency.
Zero CAPEX
Turn-key delivery. Nothing more to spend.
Delivered finished to energy class A standard — PV panels, zone HVAC, 10 cm insulation. Your total investment equals the purchase price. Ready to rent from completion.
Golden Visa entry
Residency at the minimum qualifying threshold
The same Greek residency permit available on island properties priced at €800,000. Central Athens. 350 m from the metro. 15 minutes' walk from the Acropolis.
Location
Patision Avenue, Exarcheia
Athens' academic and diplomatic core
The district
Vacancy below city average. Structural reasons why.
within 1 km
neighbourhood
occupancy
in Athens
The Exarcheia district is defined by long-term tenants — students, academics, and diplomatic staff — who sign year-long leases and rarely leave. Vacancy sits well below the Athens average. That is not a forecast. It is the observable pattern of this neighbourhood over decades.
Nearest university
Athens University of Economics
400 m · 2 min walk
Dominant tenancy type
Long-term residential
Year-long leases standard
Demand driver
Academic + diplomatic
Not seasonal, not tourism
Financial parameters
The numbers, without decoration
| Purchase price (min.) | €250,000 |
| CAPEX | €0 — turn-key delivery |
| Total investment (min.) | €250,000 |
| Gross annual income (min.) | €7,500 / unit / year |
| Gross rental yield | ~3% on purchase price |
| Payback period | ~33 years |
| Ownership structure | Freehold — new development |
How yield scales
Yield is 3% of the unit's purchase price. A €300,000 unit generates €9,000/year gross. A €350,000 unit generates €10,500/year. The figure scales linearly with the unit price.
Note on figures
~3% gross yield is an expected, not guaranteed figure. No rental management is included. Net yield after property tax, maintenance, and management fees will be lower. Full financial modelling available on request.
The building
36 units across five levels
Floors A – D (upper)
8 units per floor · 32 total
1-bed / 1-bath · Parking included · 34–42 m² internal area · 38.3–82 m² incl. balcony
Ground floor (G)
4 garden units
1-bed / 1-bath · Garden access · No parking · 34–42 m² internal area
Total
36 units
All one-bedroom, one-bathroom. Commercial-to-residential conversion. New construction permit.
Hover over each floor to highlight unit type.
Technical specification
Turn-key delivery, energy class A
class
Golden Visa
Greek residency through property ownership
Zone note: The €250,000 threshold applies to Zone B. Zone A — most Aegean islands, southern Athens suburbs, Thessaloniki — now requires €800,000. Exarcheia currently falls in Zone B, but zone boundaries are reviewed periodically. Verify current status before proceeding.
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.
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