Alimos, Attica, Greece

The Orion Residence of 12 luxurious architecture apartments, of which this (C2) apartment is a part, is a unique property in a unique location!

A 142 m2, 3 bedroom (2 en-suite) and 3 bathroom, open plan living, maisonette, on two levels (4th and 5th), with two large terraces with sea view and a third veranda, ''The Ellinikon'' view of lash greenery and modern architecture, private underground parking, security door and burglar alarm installation. This is  one of the two apartments remaining in the Orion Residence, located within a few minutes' walk to the Ellinikon Development, while the Athenian Riviera, with its beaches, promenades etc. lies just some 10 minutes' walk away. This exceptional maisonette (loft) is offering a lovely life-style space to entertain family and guests, bringing the Athenian Riviera's cosmopolitan atmosphere, straight into you pad.

The Orion Residence is a new purpose built building, encompassing all the environmental parameters one expects from a modern luxury housing building, including optimal orientation of the buildings for maximum natural light in all rooms, installed photovoltaics, with a net metering system, for the shared electricity, a thermal facade to the entire external surface, to minimize energy losses, as well as, energy-efficient double glazing aluminium frames of high aesthetics. Practices all, of not only saving energy, but also reducing the Orion Residences' environmental footprint.

This superb home is sold fully built and decorated, with all its modern environmental and energy consumption saving installations, leaving just the installing of kitchen and bath furniture, chosen by you, corresponding to your taste and budget.

You would live almost adjacent to the Monte Carlo like, � 8 Billion, ''The Ellinikon'' Development ( and its parkland (40% larger than the Hyde Park, in London), its super luxury live-style living, its yacht marina, its beaches and its phantastic entertainment complex (including world class casino) and its state-of the-art malls' spaces - all further monetising the apartment's real estate value and securing it, as an investment of constant gains in value, year after year, for the next decades.

This very sought after property, is of a present value (in excess of � 820,000), which would easily facilitate the securing of a 5-year (renewable) Greek Golden Visa (GGV) for the owner and all his family, allowing unencumbered movement within the Shenghen Area of the EU. If a GGV is desired, then the property would have to be purchased in cash, from either personal savings or bank finance in the buyer's country of origin. It must be remembered that, GGV attached properties cannot be used as an income producing asset.

However, if a GGV is not required, then Greek banks would be happy to finance this property's  acquisition, offering mortgage finance for up to 65% of the property's value, at an interest rate starting at 2.4%,  for up to 20 years repayment. In such a case, one would be able to let the property to third parties or even to use it as an AirBnB-type STR (Short Term Rentals), operated either by oneself or via a specialist operator. In this case, of not making use of the Greek Golden Visa option, you could actually generate income by offering it as an AirBnB apartment or leasing the acquired property (maybe to an AirBnB type operator) or as a long term renting it to third parties.

Strong evidence and proof of this, is that the developers themselves, would be ready to sign a 5 year leasing contract with you, for managing and letting your property, with a guaranteed interest of 4% of the acquisition value of the property,  per annum. In this case, they would undertake all furniture, decorations and appliances, at their own cost, with no cost to you. The developers are hoteliers as well and are therefore licensed to manage any suitable properties, like this one, as hospitality outlets.

On the mortgaging issue, we would be delighted to introduce you to top mortgage brokers, who would be able, free of charge, to successfully handle your mortgage application to any of the high-street Greek banks.

Thalatta.homes, part of Thalatta-Thalatta (UK) Ltd. or TTK for short, is a buyers' Agent, exclusively, and will support you in deciding which property would be the most suitable for your investment in Greece, consulting and advising you on all aspects of the acquisition and/or fully- decorating and finishing your perfect Greek home.