Feasibility report
Timeless Living — Heritage Piraeus — Feasibility Report
Char. trikoupi 33 · central piraeus · greece golden visa · investment feasibility
Timeless Living — Heritage Piraeus — Feasibility Report
Timeless Living is a boutique, low-density residence inside a fully restored neoclassical building in the historic core of Piraeus, on Charilaou Trikoupi 33 — right beside the Piraeus Archaeological Museum and one minute from Marina Zeas and Pasalimani. The building has been revitalised faithful to its original façade, window proportions and high ceilings, then re-planned for contemporary city living. This report frames Timeless Living not as a lifestyle purchase but as a residency-plus-income proposition: who rents in central Piraeus, what the €250,000 entry buys in residency terms, and where the real value sits. Prices run from €250,000 (published range €250,000–€400,000 across unit types). All apartments are stated Golden-Visa eligible and delivered ready to move in and rent.
Investment Snapshot
- Entry price: from €250,000 — published range €250,000–€400,000 across the six unit types
- Inventory: 6 apartments — four 1+1, one 2+1, one 3+2, from 25 m² to 84.5 m²
- Building: fully restored neoclassical building; boutique, low-density, high-quality
- Golden Visa route: €250,000-eligible; all apartments stated Golden-Visa eligible, delivered ready to use and rent
- Stated rental yield: 3% guaranteed rental yield quoted per unit by the project
- Location: Char. Trikoupi 33, central Piraeus — next to the Piraeus Archaeological Museum; 1 min to Marina Zeas & Pasalimani; ~6 min to the metro
Why This Property
Piraeus is not a suburb of Athens — it is an economic and social centre in its own right, anchored by Greece's largest port, the University of Piraeus, the Marina Zeas axis and a growing cultural scene. That mix produces uninterrupted housing demand from professionals, students and the port-and-logistics economy, for both ownership and rental.
Timeless Living sits in one of the rare pockets of Piraeus that is central yet tranquil: directly beside the Archaeological Museum and adjacent to a historic conservation area. That conservation status is itself an investment factor — it shields the immediate surroundings from over-development and supports long-term value stability. The street is low-rise and calm, lined with tangerine and olive trees, a minute from Pasalimani and the harbour district.
The product itself is deliberately boutique. Rather than a mass-housing block, this is the qualified revitalisation of a historic structure — original neoclassical proportions and high ceilings preserved, interiors rebuilt with natural wood floors, marble bathrooms and custom kitchens. Apartments are handed over ready to move in and rent.
- Next to the Piraeus Archaeological Museum; adjacent to a historic conservation area
- 1 min to Pasalimani and Marina Zeas; 6 min to the Municipal Theatre and metro; 10 min to Mikrolimano
- 3 min by car to the Port of Piraeus; ~15 min to the Athens Riviera; ~20 min to central Athens; ~45 min to Athens International Airport
- Ready-to-rent delivery with natural wood floors, marble bathrooms and custom kitchens
Golden Visa Fit — the €250,000 Route
Greece grants a renewable five-year residence permit — the Golden Visa — to non-EU buyers who invest at the qualifying real-estate threshold. Timeless Living is positioned at the €250,000 entry point, the lowest qualifying tier, which keeps it accessible relative to higher thresholds applied elsewhere in the Athens basin. All apartments in the project are stated Golden-Visa eligible.
The permit covers the main applicant, a spouse, dependent children and dependent parents, and carries no minimum-stay requirement — owners are free to live in Greece, rent the property out, or simply hold it. It is renewed every five years as long as the qualifying investment is retained. Final eligibility and document checks are confirmed case by case with counsel; the figures below illustrate the entry math at this listing's published prices.
| Item | Detail |
|---|---|
| Qualifying investment | €250,000 (entry tier) |
| Permit type | Renewable 5-year residence permit |
| Family coverage | Spouse, dependent children, dependent parents |
| Minimum stay | None required to maintain the permit |
| This listing entry | From €250,000 — at the qualifying threshold |
Rental & Yield Outlook
Central Piraeus is a structurally tight rental market. Demand is layered — university tenants, port and shipping professionals, and short-stay visitors drawn to Marina Zeas, Mikrolimano and the cruise terminal — which underpins both long-let and serviced-let strategies. The project quotes a 3% guaranteed rental yield per unit, giving buyers a defined income floor while the wider Piraeus rental market continues to firm.
The illustration below applies that quoted 3% to this listing's own price points. Figures are indicative, before costs and taxes, and should be confirmed against the final purchase contract.
| Purchase price | Quoted yield | Indicative annual income |
|---|---|---|
| €250,000 | 3% | €7,500 |
| €325,000 | 3% | €9,750 |
| €400,000 | 3% | €12,000 |
Unit & Price Table
Six apartments across a basement/ground level and two upper floors, in 1+1, 2+1 and 3+2 configurations. Per-unit pricing sits within the published €250,000–€400,000 range; confirm the live availability and exact price for each unit at enquiry.
| Unit | Floor | Area | Layout |
|---|---|---|---|
| I-1 | Ground | 25.00 m² | 1+1 |
| I-2 | Ground | 55.16 m² | 1+1 |
| A-1 | 1st floor | 44.69 m² | 1+1 |
| A-2 | 1st floor | 65.96 m² | 2+1 |
| B-1 | 2nd floor | 40.00 m² | 1+1 |
| B-2 | 2nd floor | 84.50 m² | 3+2 |
Timeless Living converts the €250,000 Golden Visa entry into something scarce: a restored neoclassical home in the protected core of a working port city, where conservation status and structural rental demand defend value on both sides of the trade.
Avla Gayrimenkul A.Ş. — your trusted partner for the Greek Golden Visa. Talk to us to confirm live availability, exact unit pricing and your eligibility for the €250,000 route at Timeless Living.
A senior economist, graduate of Université Paris 1 Panthéon-Sorbonne, and a graduate of Istanbul University Business Administration with 33 years in business; founder of Avla. Today the focus is Greece: homes for Golden Visa and for investment. He reads every shortlist and every agreement himself.
Founder profile →
