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Student Residence with a safe return of over 7%

House, Buy | Greece, Athens, Athens Western Suburbs, Egaleo
Asking price-Icon
750,000 EUR
Approx. 814,344 USD
Asking price
Square Footage-Icon
3,121.53 sqft
Square Footage
Lot Size-Icon
2,669.45 sqft
Lot Size
Asking price-Icon
750,000 EUR
Approx. 814,344 USD
Asking price

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What you should know about this semi-detached house

Amenities and special features of this semi-detached house

High-quality student residence of high standards in accordance with international standards. A full accommodation package is provided, including shared facilities for each student. It is a smart, low-risk business proposition with guaranteed returns.
Apartment building 290sqm:
* 11 studios of approximately 17-26 sqm, each with its own kitchen and bathroom, air-conditioned, fully furnished.
* Shared laundry room, with coin-operated washing machine, in the semi-basement.
* Shared garden with BBQ at the rear of the property, suitable for gatherings.
* Bicycle parking and electric charging facilities
* Independent heating, water, WiFi (the fastest Internet in the area) for each studio and installation of an electricity meter (in the event of over-consumption, the tenant will pay the difference based on the meter).
* Building security-alarm.
* Full package accommodation program for one student.
* Direct access to the University of West Attica - 450m away.
* Quiet neighbourhood, bus stop, supermarket very close.
Annual income: 65000€
Property management &
Provider costs (Electricity - Water - WIFI) : 11000€

Egaleo: Location and surroundings of this property


Location. It is bordered by the Municipality of Athens, Peristeri and Haidario, and the municipalities of Nice - Agios Ioannos Rentis, Aghios Varvara and Moschato - Tavros.

Unique Features: Egaleo is one of the most famous municipalities of Athens, as it counts its existence since ancient times. Until a few years ago, Egaleo was the capital of West Attica and as a consequence, several public services were located in the city. Its long-standing historical status as well as its endless beauty make Egaleo one of the most popular municipalities as today it combines history with tourism and entertainment. The bustling pedestrian street of the popular Agia Lavra and that of Markos Botsaris, offer many choices of restaurants and cafes ideal for groups and families. Maintaining the aroma of the traditional district, Egaleo is one of the most up-and-coming areas of Athens.

Accessibility: At the most central point of the municipality where its most famous square, Eleftherias Square, is located, the metro station is located, making it a central axis for all visitors from all over Athens easily and quickly as it is only 10 minutes away from the most historic point of the capital, Monastiraki.

Investment Dynamics: Its close proximity to the centre of Athens, combined with the existence of the metro and the commercial development in the surrounding area, make Egaleo an attractive area for investment.

Contact your personal advisor
Engel & Völkers MMC Greece
The service on is provided by:

EV MMC Greece S.A.
2-4 Mesogeion Av., 11527,
Athens, Greece
Tel.: +30 2111055000

VAT identification number: EL-801063999
Company registration number: 148231503000

Company’s Board of Directors:

BoD President: Georg Petras
BoD Vice-President: Christian Paul
BoD Member: Argyris Fountoukis is a platform on which franchisees of the Engel & Völkers group of companies as well as the Engel & Völkers group of companies itself can place real estate and yachts on offer and make such offers publicly available.

Responsibility for any editorial content on

Georg Petras
BoD President, CEO EV MMC Greece S.A.

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Commission Details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and registration fees shall be paid by the purchaser. The commission shall be paid by the seller and /or the buyer depending on the brokerage agreements in place.

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