ALTE
Full Building Investment Opportunity in Central Athens
Asking Price: €4,250,000
Asset Type: Entire Building (Serviced Apartments)
Status: Fully furnished & operational
Operator: Contracted with a well-known global hospitality operator
ALTE is a fully operational, income-generating serviced apartment building located in Neos Kosmos, one of Athens’ most strategically positioned and rapidly appreciating districts.
This full-building investment opportunity is designed for investors seeking stable yield, professional management, and long-term capital appreciation in the Athens city center.
| PROJECT OVERVIEW A Turnkey Urban Investment Asset ALTE is a modern, 6-storey residential building consisting of 16 fully furnished studio apartments, designed to operate efficiently under short-term, serviced, or hybrid rental strategies., The project combines functional architecture, premium specifications and operational flexibility, making it ideal for investors seeking a ready-to-perform asset with minimal execution risk. Key Facts
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This asset offers investors a hands-off, professionally managed structure, ideal for portfolio diversification in the European hospitality-residential segment. All units are delivered fully furnished, ready for immediate income generation.
- Building: 6-storey modern residential building
- Total Units: 16 fully furnished studios
- Unit Sizes: 21 – 39 sqm
- Total Indoor Area: 389 sqm
- Covered Verandas: 115 sqm
- Common Areas: 219 sqm
- 8.2% Gross Rental Yield.
- €110 average daily rate per studio
- 270 days average annual occupancy
- Secured operational model with professional management
- Strong demand from short-term & mid-term rental market
- Prime central Athens location
Location Strategy
Neos Kosmos, Athens- A High-Demand Urban Micro-Market
ALTE benefits from immediate access to Athens’ most important commercial, cultural, and touristic nodes:
- Walking distance to Acropolis Museum
- Immediate access to metro station
- Minutes from Syntagma Square & National Garden
- Close to Stavros Niarchos Foundation Cultural Center
- Strong appeal for tourists, digital nomads & business travelers
- Neos Kosmos is increasingly recognized as a high-growth micro-market within Athens, driven by infrastructure, tourism, and lifestyle demand.
The project is delivered with high-quality finishes and modern building systems, aligned with international residential and hospitality standards.
ALTE reflects a modern, investor-grade architectural approach, prioritizing durability, efficiency, and tenant appeal.
Signature Finishes Include:
- Laminate parquet flooring
- High-quality ceramic tiles
- Double-glazed aluminum window frames
- European-brand sanitary ware
- Premium kitchen cabinets & wardrobes
- Artificial granite countertops
- Provisions for split A/C units in all rooms
- Reception & lobby
- Co-working / living areas
- Storage & auxiliary spaces
Income Strategy & Portfolio Value
- Private investors seeking stable Euro-based income
- Family offices building hospitality-oriented portfolios
- Institutional buyers targeting Athens’ short-term rental upside
With secured occupancy metrics, professional operation, and strong location fundamentals, ALTER positions itself as a defensive yet high-performing asset in the Athens market.
Full financials, operator details, and due diligence materials are available upon qualified request.
Why Athens, Why Now?
- Capital Appreciation Exit
- Yield-to-Exit Strategy
- Portfolio Re-balancing Exit
This flexibility makes the project particularly attractive for investors seeking risk-adjusted returns rather than speculative exposure.
What Strategic Advantages Do You Gain With Us?
From asset selection to acquisition, operation, and residency planning, every step is handled with professional precision and absolute discretion.
- Strategic Property Selection
- End-to-End Acquisition Management
- Professional Property & Rental Management
- Golden Visa & Residency Advisory
Why Partner With Us?
Our value lies not only in execution, but in strategic alignment, cross-border expertise, and investor-grade service standards.
- Comprehensive, Investor-Centric Approach
- Dual-Market Expertise: Greece & Latvia
- Seamless Execution
- Confidentiality, Competence & Reliability