Commercial-to-residential conversion Properties
"Certified €250,000 Investment"
Commercial-to-residential conversion properties, certified for the €250,000 Golden Visa investment threshold. Andenhouse works with a trusted network of Greek developers to bring these opportunities to our clients.*
Attiki Apartments
Prices starting at €250,000
Commercial-to-residential conversion in the Attiki neighborhood, 1.8 km from Athens city center (Omonia Square).
Property Description
Attiki takes its name from the railway company that established one of its most important stations in the area back in the 1950s. It is a quiet neighborhood that nonetheless offers excellent connectivity to all parts of Athens and Greece — two metro lines are within 500 m, placing Athens city center just three stops away, and the Larissa central train station is within 800 m.
Key Facts
- 28 units total: 12 one-bedroom apartments, 16 studio apartments
- On-site gym
- Rooftop with Acropolis views
- Option to be delivered furnished
Investment Highlights
- Prices start from €250,000, at the entry point of the Golden Visa investment threshold
- 28-unit scale offers a range of entry prices within one development
- Rooftop terrace with Acropolis views is a genuine differentiator in this price tier
- Furnished-delivery option reduces post-purchase setup for investors
Location Benefits
- Metro: 2 lines within 500 m, Athens city center 3 stops away
- Larissa central train station within 800 m, connecting northern and southern Greece
- 3 universities and several colleges within 2.5 km
- Hospital 1.5 km; Athens International Airport 38 km
Attiki sits 1.8 km from Omonia Square, with two metro lines nearby and direct rail connections to northern and southern Greece.
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Boulevard, Kallithea
Prices starting at €250,000
Commercial-to-residential conversion of a 1982 building on Thiseos Avenue, Kallithea — 54 apartments in a high-demand rental corridor.
Property Description
Boulevard converts a 1982 building on Thiseos Avenue, one of Kallithea’s main commercial and residential arteries, into 54 one-bedroom apartments across 5 floors. Kallithea sits between central Athens and the Athens Riviera and is one of the most densely populated districts in the city, with strong, consistent rental demand from young professionals, students, and families. Construction starts October 2026, with completion by May 2028 plus a 6-month grace period.
Key Facts
- 54 one-bedroom apartments across 5 floors
- Building age: 1982
- Construction starts October 2026; completion May 2028 (6-month grace period)
Investment Highlights
- Qualifies for the €250,000 Golden Visa threshold as a commercial-to-residential conversion
- Attractive rental yields compared to prime central Athens locations, per the developer’s own market data
- Low vacancy rates and strong rental absorption, driven by young professionals, students, and families
- Suited to both long-term rentals and short-term accommodation demand from business travelers and expats
- Ongoing infrastructure upgrades (4 new planned Metro stations in Kallithea) support long-term capital appreciation
Location Benefits
- On Thiseos Avenue, roughly 10 minutes from Athens city center
- Existing Metro Line 1 station nearby; 4 additional stations planned across Kallithea
- Close to the coastal road, the Stavros Niarchos Foundation Cultural Center, and the Faliro Delta
- Upcoming Aenaon Park and a ~600-acre Metropolitan Park will add significant green space
- The developer has two other completed developments on the same avenue (Thiseos Service Apartments, Knowlodge)
Property Features
- The developer’s standard finish package: beige/cream tiling, laminated doors with satin stainless-steel fittings
- White melamine kitchen units with integrated hobs and soft-close drawers
- Fully fitted floor-to-ceiling wardrobes in bedrooms
- Tiled bathrooms with integrated or freestanding cistern options
Kallithea is one of Athens’ most densely populated districts, positioned between the historic center and the Athens Riviera, with consistently strong rental demand.
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Meridia, Piraeus
Prices starting at €250,000
Commercial-to-residential conversion in Piraeus — 47 apartments across 5 floors, at the center of a major urban redevelopment zone.
Property Description
Meridia converts a 5-floor building in Piraeus into 47 apartments ranging from 37 to 57 m², in one- and two-bedroom layouts, with ground-floor units overlooking a private internal garden. Construction starts June 2026, with completion by December 2027 plus a 6-month grace period. The project sits at the center of one of Piraeus’s most active redevelopment zones, where a nearby large-scale mixed-use development is adding 600+ new residential units and 250+ serviced apartments, with phased delivery beginning in 2026.
Key Facts
- 47 apartments (37–57 m²), one- and two-bedroom layouts, across 5 floors
- Ground-floor units overlook a private internal garden
- Construction starts June 2026; completion December 2027 (6-month grace period)
Investment Highlights
- Qualifies for the €250,000 Golden Visa threshold as a commercial-to-residential conversion
- Positioned at the center of a major nearby redevelopment adding 600+ residential and 250+ serviced units, phased from 2026
- Ground-floor private-garden outlook is unusual for this price tier
- Piraeus is described by developers as entering one of its most dynamic development phases in decade
Location Benefits
- Piraeus Port and Metro Station are both 1.4 km away; Piraeus Railway Station is 1.2 km away
- Acropolis 7 km; Mikrolimano 1.7 km; Marina Zeas 3.2 km
- Metropolitan Hospital 1.8 km; Peace and Friendship Park 1.2 km
- Lidl supermarket 1.1 km; Piraeus Municipal Theatre 1.5 km
Property Features
- The developer’s standard finish package: beige/cream tiling, laminated doors with satin stainless-steel fittings
- White melamine kitchen units with integrated hobs and soft-close drawers
- Fully fitted floor-to-ceiling wardrobes in bedrooms
- Tiled bathrooms with integrated or freestanding cistern options
Piraeus, Athens’ historic port, is entering one of its most dynamic phases of development in decades, with major residential and mixed-use projects reshaping the city around Meridia.
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Piraeus Grec House
Prices starting at €250,000
Attractive commercial-to-residential conversion investment project in Piraeus.
12 beautiful furnished apartments in a 4-level building
Property Description
Piraeus Grec House Project offers direct access to Piraeus’s historic port, Athens’s city center, and the Riviera via highway, metro, train, tram, and bus. Designed to meet the growing demand for high-end residential spaces and facilities, the Piraeus Grec House Project is set to become a major hub that combines urban amenities with leisure facilities, positioning Piraeus Grec House as one of the top locations in a rapidly developing area.
Location
Just a short distance from Athens, Piraeus offers a blend of vibrant culture, gastronomy, and coastal beauty, along with attractions such as the Piraeus Tower, the port, the Cultural Foundation Stavros Niarchos, and the Peace and Friendship Stadium. With stunning beaches, waterfront cafes, and picturesque marinas, Piraeus provides a perfect mix of nostalgia and modern living. Within four years, Piraeus has witnessed significant residential and commercial investments, along with modern infrastructure developments driven by leading investors and real estate development companies.
Furnished Apartments
The project has 12 beautiful furnished apartments in a 4-level building. The apartments are designed with refined details. The area offers a unique combination of privacy and city life, with restaurants, supermarkets, cafes, outlets, and football fields all close by in a nostalgic neighborhood.
The spacious apartments are ideal for entertaining guests or enjoying a relaxing, private evening, while the separate dining room offers both privacy and a chic ambiance. All the apartments enjoy the Athenian sunshine almost year-round.
A pool, jacuzzi, and gym can be utilized as a comfortable common area on the ground. A roof garden terrace can serve as a shared relaxation area with views of the vibrant coastal south side of Athens.
Key Facts
- 12 Furnished Apartments
- 4 Level Building
- 65 m² per Apartment
- Lift
- Fireplace
- Storage Room
- Parking Available
- Pool & Jacuzzi
- Gym Facilities
- 1000m from the sea
- 34km from the airport
Investment Highlights
- Golden Visa eligibility from €250,000 – Access Greece’s residency program at the new investment threshold
- Commercial-to-residential conversion opportunity – Participate in a transformation project with built-in value creation.
- Competitive European residency pathway – One of the most accessible Golden Visa programs on the continent
- Turnkey luxury development – High-specification properties with investor-friendly acquisition terms
- Schengen Zone mobility – Visa-free travel across 29 European countries for you and your family
- Path to Greek and EU citizenship – Potential route to full citizenship after meeting residency requirements
- Stable, established market – Investment in Greece’s resilient and recovering real estate sector
- Strong appreciation potential – Attractive capital growth prospects in a rebounding market
- 12 fully furnished residences – Move-in ready apartments with complete interior packages
- Premium specifications and amenities – High-end finishes and facilities throughout the development
Location Benefits
- Gateway to Piraeus’ historic port – Direct access to Greece’s largest and most significant maritime hub
- Seamless connectivity to Athens – Quick and convenient access to the capital’s business district and attractions
- Athens Riviera at your doorstep – Direct highway connection to the renowned coastal resort area
- Exceptional public transport links – Integrated metro, train, tram, and bus networks for effortless mobility
- Steps from Piraeus landmarks – Walking distance to the iconic Piraeus Tower and bustling port facilities
- Cultural proximity – Near the acclaimed Stavros Niarchos Foundation Cultural Center with opera, library, and parklands
- Entertainment and events nearby – Close to the Peace and Friendship Stadium, hosting major concerts and sporting events
- Coastal lifestyle access – Beautiful beaches and charming waterfront cafés within easy reach
- Scenic marina district – Picturesque yacht harbors and maritime promenades in the neighborhood
- High-growth investment zone – Area benefiting from substantial public and private sector development initiatives
- Contemporary urban infrastructure – Ongoing modernization projects enhancing livability and property values
- Complete everyday amenities – Full range of restaurants, supermarkets, cafés, and retail outlets in the immediate vicinity
Property Features
- 12 fully furnished residences – Boutique 4-level building with carefully curated interiors
- Generous 65 m² layouts – Thoughtfully designed apartments maximizing space and functionality
- 500 m² private development – Intimate scale ensuring exclusivity and personalized attention
- Sophisticated interior finishes – Premium materials and refined design details throughout
- Open-plan living spaces – Bright, airy rooms designed for comfortable Mediterranean living
- Dedicated dining area – Separate dining room for elegant entertaining
- Sun-drenched interiors – Floor-to-ceiling windows capturing Athens’ abundant year-round sunshine
- Ground-floor wellness amenities – Private swimming pool and jacuzzi for residents’ exclusive use
- Fully equipped fitness center – On-site gym facilities for your daily workout routine
- Panoramic rooftop terrace – Stunning roof garden with sweeping coastal and city views
- Secure parking provision – Dedicated parking spaces for residents and guests
- Elevator to all floors – Convenient lift access serving all levels of the building
- Cozy fireplace feature – Traditional fireplace adding warmth and ambiance
- Individual storage solutions – Private storage room for each apartment
- 1,000 meters from the seafront – Less than a 15-minute walk to the waterfront and beaches
- 34 kilometers from Athens International Airport – Approximately a 30-minute drive for convenient travel connections
Property Location
Located in Piraeus, Athens port, with direct access to the historic port, city center, and Riviera. Just a short distance from major landmarks and cultural sites.
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Sierra, Peristeri
Prices starting at €250,000
Commercial-to-residential conversion of a 1978 building in Peristeri — 8 apartments in one of western Athens' fastest-regenerating districts.
Property Description
Sierra converts a 1978 building at Panetoliou 9 in Peristeri into 8 apartments in one- and two-bedroom layouts. Peristeri is one of the largest municipalities in Attica, with over 130,000 residents, and is undergoing rapid regeneration with strong real estate demand. Construction starts April 2026, with completion by May 2027 plus a 6-month grace period; the contract is ready.
Key Facts
- 8 apartments, one- and two-bedroom layouts
- Building age: 1978
- Construction starts April 2026; completion May 2027 (6-month grace period)
Investment Highlights
- Qualifies for the €250,000 Golden Visa threshold as a commercial-to-residential conversion
- Peristeri reports some of the highest rental yields in Attica, per recent market data cited by the developer
- Metro and bus connectivity increase the appeal to both working professionals and students
- One of Attica’s largest municipalities (130,000+ residents), within a well-connected western urban area
Location Benefits
- Agios Antonios Metro Station (Line 2) within walking distance
- Close to Bournazi Square, cafés, restaurants, and boutique stores
- Nearby supermarkets, pharmacies, schools, and essential services are within walking distance
- Easy access to the Athens–Lamia National Highway
Property Features
- The developer’s standard finish package: beige/cream tiling, laminated doors with satin stainless-steel fittings
- White melamine kitchen units with integrated hobs and soft-close drawers
- Fully fitted floor-to-ceiling wardrobes in bedrooms
- Tiled bathrooms with integrated or freestanding cistern options
Peristeri is a densely populated, rapidly regenerating western Athens district with strong rental demand and metro connectivity.
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Trinity, Ampelokipi
Prices starting at €250,000
Commercial-to-residential conversion of a 1979 building on Michalakopoulou Street, Ampelokipi — 17 apartments steps from the Athens Medical School
Property Description
Trinity is a contemporary residential conversion on Michalakopoulou Street, in a central yet relatively quiet part of Athens. The 7-floor building comprises 17 one-bedroom apartments, each with a private balcony and internal space ranging from 30 to 50 m². Construction is scheduled to start in December 2026, with completion by 30 June 2028 plus a 6-month grace period. Its immediate proximity to the Athens Medical School makes it especially attractive to students and healthcare professionals, while also sitting within walking distance of Kolonaki and Syntagma.
Key Facts
- 17 one-bedroom apartments across 7 floors, 30–50 m² each, all with private balconies
- Building age: 1979
- Construction starts December 2026; completion 30 June 2028 (6-month grace period)
Investment Highlights
- Qualifies for the €250,000 Golden Visa threshold as a commercial-to-residential conversion
- Immediate proximity to Athens Medical School drives durable tenant demand from students and healthcare professionals
- Walking distance to Kolonaki and Syntagma links an accessible entry price to a premium address
- Neighboring Neo Psychiko, home to the developer’s higher-end ‘The Pavilion’ project, reinforces the area’s upward trajectory
Location Benefits
- Athens Medical School 180 m; Laiko General Hospital 180 m
- Multiple major hospitals within 1 km: Ippokrateio (450 m), Agia Sophia Children’s (500 m), Alexandra General (1 km)
- Megaro Moussikis and Ambelokipi metro stations are both within easy reach, with fast connections to the city center and airport
- Walking distance to Kolonaki and Syntagma
Property Features
- The developer’s standard finish package: beige/cream tiling, laminated doors with satin stainless-steel fittings
- White melamine kitchen units with integrated hobs and soft-close drawers
- Fully fitted floor-to-ceiling wardrobes in bedrooms
- Tiled bathrooms with integrated or freestanding cistern options
Ampelokipi is a well-established, highly accessible central Athens neighborhood, popular with students, healthcare professionals, and long-term residents alike.
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*Notes on listing detail and ordering
- Andenhouse presents the level of detail each developer provides. Some listings include full investment breakdowns and photo galleries, while others offer only the essential information currently available. All listings are vetted equally, regardless of how much description accompanies them.
- Properties on this page are ordered by ascending starting price (lowest first), and alphabetically when prices match. P&I Residence, which has no confirmed price beyond meeting the €250,000 threshold, is listed last.